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Accountants and tax advisers who are members of certain professional bodies, including the ICAEW and CIOT, have licensed access to barristers. If you're looking for advice on SDLT, get in touch with a UK tax barrister, who can provide tax advice and representation in Stamp Duty Land Tax. Taxes are generally complex and can be viewed as benefitting high income earners more than they do to lower income earners (in the payment of relatively less tax). To navigate the complexities of tax, barristers can work alongside their clients' existing teams of accountants, bankers, asset managers, trustees and family offices, devising and implementing the most robust and appropriate national and international tax strategies, legal structures and operational frameworks. The 40% Inheritance Tax, previously known as “death duty” and then “capital transfer tax” has long been known as the destroyer of accumulated family wealth. Inheritance tax specialists can advise and assist with all areas of Inheritance Tax, including gifts, reservations of benefit, settlement restructuring and exit charges, EBTs, domicile issues and IHT matters affecting close company transactions. The work of a pensions barrister includes questions about member benefits and handling all types of pensions-related claims and disputes.



Penalties for fraudulent or corrupt behaviour are varied and depend on the situation, but can result in either major fines being issued or imprisonment where individuals are concerned. An experienced barrister is essential for investigations in this area. Some barristers that specialise in tax matters have extensive experience advising on tax issues relevant to real estate, setting up property funds, VAT planning and stamp duty land tax planning. Non-domicile inheritance tax planning is valuable for non-dom individuals. Options could include locking in inheritance tax protection through an excluded property trust. Tax experts will tailor their advice to reflect your specific circumstances. Capable tax virtuosos can advise on a contested tax appeal. Need Pensions Advice If so, its important to employ the services of a skilled professional?

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In court, barristers are often visibly distinguished from solicitors by their apparel. For example, in Ireland, England, and Wales, a barrister usually wears a horsehair wig, stiff collar, bands, and a gown. Since January 2008, solicitor advocates have also been entitled to wear wigs, but wear different gowns. A barrister who is a specialist in SDLT will be able to advise you on surcharges as well as potential exemptions and SDLT liability savings for property developers. Some barristers who are experts in SDLT will be able to advise you on ensuring that you are up to date with Stamp Duty Land Tax legislations. Offshore tax evasion and disclosure have been priorities for HMRC in recent years. HM Revenue & Customs (HMRC) have offered a number of one-off, time-limited campaigns, such as the Worldwide Disclosure Facility to encourage taxpayers to disclose offshore tax evasion in return for lower penalties. A number of United Kingdom tax barristers assist clients to work with HMRC to ensure CDR best practice is followed. A Domicile Advice service will represent clients to determine the best fit for their needs.

If you require specialist Stamp Duty guidance, advice or representation, contact a UK tax barrister. Some lawyers are experts in a range of tax-related matters including tax efficient remuneration and capital gains tax strategies, as well as share options and advice for overseas domiciliaries living and working in the UK. Some barristers that specialise in tax matters focus on corporate work particularly where there is structuring involved, including in relation to IP and employment related matters. Pensions law experts advise UK employers, pension scheme trustees and corporate groups on the full range of pensions law and regulatory matters. Proficient tax barristers work effectively with clients facing tax challenges, whether these are in their business life, personal affairs or across the two. Specialist assistance for Tax Barrister should be sought whenever required.

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Tax barristers find that being asked to advise or litigate an area that you have no experience of, or indeed which may never have been considered by the courts in detail before, is one of the most satisfying parts of the job. The technical expertise from a tax barrister, their procedural knowledge of the tax system, and their ability to negotiate settlements with the tax authorities will ensure that tax disputes are handled and resolved effectively. Some international tax barristers deal with cross border issues relating to hedge funds, major Hollywood movie production structures, and attempts by HMRC to use the double tax treaty to oppress UK tax payers who had moved to the US. A barrister with expertise in real estate tax can give advice in relation to tax implications of acquiring and holding UK property via companies, partnerships, limited partnerships and LLP's. Barristers are usually hired by solicitors to represent a case in court and only become involved when appearing before a court is needed. A barrister pleads the case on behalf of the client and the client's solicitor. Taking on Inheritance Tax Advice can help sort out your financial woes.

Intellectual property exploitation is a matter that a barrister specialising in tax can give advice on. Where a person has entered into arrangements, and a main purpose of those arrangements is to gain a tax advantage by creating an artificial capital loss, any resulting loss will not be an allowable loss for the purposes of capital gains tax, income tax or corporation tax. A barrister who is an expert in Stamp Duty Land Tax may also be able to advise on any tax matter. Get additional info about Expert Tax Barristers in this entry.

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