Tax Barristers

Notably, what is happening with regards to London Tax Barristers right now?

I don’t know anyone who enjoys paying tax. But tax barristers do have plenty of clients who they save from paying too much. Since HMRC is a public body, claims for judicial review are also common for tax barristers; and, of course, if a professional makes a mistake then complicated claims for negligence often follow. Know what you want the tax barrister to do. Do you want general advice about how strong your case is? Do you want a specific technical question answered? Do you want practical advice about what application to make or what to do next? Or do you want advice about how to maximize your chances of getting the best possible outcome? From advising on the correct tax treatment of a transaction to drafting Notices of Appeal disputing tax and penalty assessments, representing clients in tax appeals and negotiating settlements, a tax barrister is able to assist with all contentious and non-contentious tax problems. A tax barrister can help you by drafting second opinions where other lawyers have already been involved. Judicial reviews of HMRC decisions (or failure to reach a timeous decision) is a matter that a that tax barrister can accept instructions in.



Tax legislation is too broad and varied for anyone to know anything but a fraction of it, so the most important skill of a junior tax barrister is to be able to get on top of new areas of law and legislation very quickly. Tax barristers can advise on all aspects of business tax from general advice and structuring to drafting agreements and clearance applications or disclosures to HMRC. VAT, customs and duties are all areas that tax barristers can accept instructions in. It really is essential to comply with court orders. Most junior barristers are only too familiar with having to make an application for relief from sanctions imposed due to failure to comply with an order of the court. As you may be aware, the best Pensions Advice service can give advice in relation to their area of knowledge.

General Business

The top tax barristers are well versed in investment funds, capital markets, M&A, private equity, insurance, real estate investment trusts (REITs), and securitization and structured finance. Some tax barristers have significant experience advising on the tax efficient purchase, development, holding and disposal of UK real estate and act for institutional investors, student accommodation providers, private equity funds, REITs and other investment funds on developments, sales and acquisitions of real estate and establishing fund structures. UK tax law can be complex and, to some, a little daunting. Tomorrow’s tax specialist will be a fusion of being a strategic business advisor with high commercial awareness, a diplomat, analyst and savvy technologist. Domicile is a long-standing common law concept that can impact your UK income tax, capital gains tax and inheritance tax position, for any advice speak to our UK tax barrister. Any Inheritance Tax Advice service will not reveal what he or she has been told to anyone else.

Some tax barristers are able to undertake tax arbitrations either as counsel or arbitrator. Some UK tax barristers are authorised by the Bar Standards Board to accept Direct Access work and to undertake litigation, which means that they can advise corporate or private clients directly, and deal directly with HMRC on their behalf. The prominent tax barristers advise corporate clients, insolvency practitioners, government bodies, trustees, charities and not-for-profit organisations. Many barristers, solicitors and lawyers advise high net worth individuals, hedge funds, banks, and owner managed businesses, and deal successfully with HM Revenue & Customs enquiries. Tax barristers frequently advise and assist with all the tax aspects of employment, including employment status issues (employed or self-employed), PAYE and NIC planning and EBTs (including exit strategies). Advisory services such as Domicile Advice are a common sight today.

The Power To Tax

There are lots of stereotypes surrounding tax. It sounds very boring, but then again so are lots of things that are difficult to understand. To be clear, this area of law is often reserved for the most analytical of aspiring lawyers. Curiously, a barrister who is a specialist on tax matters can provide advice on the merits of an appeal to First-tier Tribunal and internal review by HMRC in respect of an assessment to 15% SDLT by a corporate investor. Significantly, a barrister who is a specialist on the subject of tax can provide advice on changes to excluded property rules in respect of UK residential property. Tax avoiders and tax evaders both rely on the low odds of being found out and so both are abusive of the tax system. So how do these abuses work and how do those perpetrating them get away with it? The idea that tax is something that is simply of concern to individuals is just wrong. It's appropriately charged on any body with the necessary property rights. Professional help by any Tax Barrister service will provide value for money.

Taxes on cross-border transactions is a matter that tax barristers can accept instructions in. Intriguingly, a barrister who is an expert on tax matters can provide advice on Statutory Residence Tests under FA 2013. Some tax barristers have a special interest in the taxation of cryptoassets and asset finance related transactions. One can uncover more details regarding London Tax Barristers on this entry.

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