You're looking at this post as you want to figure out more about Specialised Tax Barristers.

Interestingly, a barrister who is an expert on tax matters can provide advice to clients in respect of SDLT and VAT on property acquisitions. Some Corporation Tax specialist have a particular emphasis on close companies and owner managed companies, tax efficient finance and profit extraction arrangements and the raft of anti-avoidance legislation that day to day bears down on companies conducting ordinary commercial transactions. In court, a tax barrister represents a client in front of the judge and makes arguments, asks questions of witnesses and summarises relevant information. A tax barrister can help identify key risks, deal with tax authorities in a manner which minimises reputational and financial risk, and ensure that an individual or business is prepared against the unexpected. Advising trustee and company clients on contentious and advisory pensions matters as well as specialist pensions transactions is something that a pensions specialist will undertake. A barrister with land and property experience can provide opinions on various aspects of SDLT including MDR claims, pre-completion transactions and incorporations.



Knowledge of tax by tax barristers can be complemented by advocacy skills and specialist expertise in wider areas. In civil cases, a taxpayer has a number of options to consider before commencing formal appeal proceedings. Before notifying an appeal to the First-tier Tribunal, the taxpayer can request an internal review, during which the taxpayer's case will be re-examined by an HMRC officer who has had no previous involvement in the case. The General Council of the Bar, also called the Bar Council, is the representative body of barristers in England and Wales. It acts in matters of general concern to the profession and, through the independent Bar Standards Board, regulates the professional conduct of its members. The services of a tax barrister will provide extensive experience in settling tax disputes with HMRC, acting for clients in claims for compensation, as well as representation in legal action against financial advisers and introducers. Specialist assistance for Tax Barrister should be sought whenever required.

In some circumstances tax barristers are able to accept instructions via Public Access. HM Revenue and Customs (HMRC) may open a Code Of Practice 8 (COP 8) investigation against you if they believe that you are underpaying tax or have opened a tax avoidance scheme to reduce a tax liability. Areas in which qualified tax barristers have expertise include minimising tax liabilities by the use of appropriate corporate and trust arrangements and rationalising outdated complex arrangements. Some of the top UK tax barristers have advised governments, multinational enterprises, wealthy individuals, charities, celebrities, tax authorities and small medium and large businesses from all parts of the world on all areas of UK law and all aspects of double taxation and tax related human rights law. Some junior barristers regularly counsels clients on corporate tax issues as well as professional conduct cases. Taking on Domicile Advice can help sort out your financial woes.

Some tax barristers focus on corporate tax matters, including transactions, corporate reorganisations and debt restructures. If you need someone to have conduct of your case and be responsible for corresponding with the court and other parties, you will either need to instruct a solicitor or a barrister who can conduct litigation. Instructing a solicitor who, in turn, instructs a barrister, is the traditional route. Pensions barristers advise on the legal aspects of long-term pension scheme funding arrangements with a view to the scheme's overall journey plan towards self-sufficiency and/or buyout. Accomplished tax specialists can advise on the chances of success before a contentious matter goes to trial. Corporate tax planning, including Research and Development tax credits, capital allowances and creative tax reliefs is an area a tax compliance expert can assist with. Advisory services such as Inheritance Tax Advice are a common sight today.

Tax barristers undertake a high proportion of work in relation to tax planning for individuals, trusts and estates, covering all inheritance tax, capital gains tax, income tax and SDLT issues. If you are using a lawyer like a solicitor or a legal executive and they recommend your case will need to involve a barrister, it is likely that they will recommend one to use. The government's right to claim the tax that it owns is a property right, just like any other, defining tax in this way reinforces the property right of everyone in a society and says everyone has the right to own what is really theirs. Tax barristers can be instructed by members of the Association of Authorised Public Accountants without the need for a solicitor as intermediary. Buying and selling property isn't just about how much SDLT you will pay - CGT is an oft-overlooked part of the property investment process, and one that can provide unwelcome surprises to the unwary. By utilising the best possible advice from the outset, you can ensure that your portfolio returns more than it costs you. Need Pensions Advice If so, its important to employ the services of a skilled professional?

If you've engaged a solicitor, they'll be able to recommend a good barrister. If you want to brief directly, but you don't know who to brief, you can obtain guidance from barristers' clerks. The clerks act like an agent for a large group of barristers. The clerks have familiarity with the expertise, experience and availability of each barrister. Activities that tax barristers engage in include ascertaining all the relevant facts and advising on the merits at the outset and drafting robust letters to HMRC. Tax avoidance schemes and APNs are matters that a tax barrister can give opinions on. Discover additional info appertaining to Specialised Tax Barristers on this link.

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