|
Back >
User Profile
User Profile
The matter of Tax Barristers is puzzling. Let us strive to make it easier to understand. Some barristers that specialise in tax matters advise on a wide variety of domestic and cross border transactions, including corporate acquisitions and disposals, IPOs, joint ventures, corporate reorganisations and private equity transactions. Certainty stems from two things - the clarity of the underlying law, and the confidence that the law will be interpreted and applied in a consistent manner. Clear and certain tax laws contribute to both the fundamental principles of fairness and growth. When you work in Tax, you need to explain complex regulations in a way non-specialists can understand. Clear written and verbal communication is an absolute must. The best European tax advocates have an extensive knowledge of European case law and invariably get to the heart of any dispute quickly. Pensions is a technical and specialist area of law and not all full service law firms have a dedicated pensions team. Many tax barristers have broad expertise in both direct taxation (taxes on income, capital gains and inheritances) and indirect taxation (VAT, excise duty, customs duty, anti-dumping duty, SDLT and NIC). They advise on issues of residence and, in the case of individuals, domicile.
Some United Kingdom tax barristers provide advice on all aspects of UK corporate and private taxation, including offshore trusts/structures, estate planning and back-duty claims. The foremost property and tax barristers have designed and established various types of real estate funds and provided clients with innovative ways to minimise SDLT and other real estate transfer taxes. A knowledgeable tax barristers expertise will include giving advice to clients regarding the VAT penalty regimes and assistance with litigating default surcharges and personal liability notices. A qualified barrister will have a deep understanding of the legal sector. Need Pensions Advice If so, its important to employ the services of a skilled professional?
The Power To TaxA pension barrister can provide advice on transferring a defined contribution scheme into a master trust via a bulk transfer to reduce pension scheme administration costs and improve scheme governance. The foremost tax barristers are widely acknowledged as having a real feel for the effective preparation and presentation of factually and legally complex and sensitive cases. If you receive your income from sources other than wages, you may be required to pay estimated taxes each quarter if you want to avoid underpayment penalties. Heritage property planning is a matter that a tax barrister can advise upon. Tax work requires expertise, and expertise requires specialisation. Specialist assistance for Domicile Advice should be sought whenever required.
Accomplished barristers are a trusted source of advice and representation. Barristers often receive their work from solicitors. This work or ‘brief’ is to assist the solicitor's client and is usually either to give a written advice on a legal issue, to advise on the strength of a case or to represent the client in court. Permanent establishments are matters that tax barristers can accept instructions in. Competent tax specialists could advise on the amounts of tax due to HMRC. Incorporations of property businesses and partnerships, in particular securing schedule 15 relief from SDLT, is an area of expertise for a tax barrister. Any Tax Barrister service will not reveal what he or she has been told to anyone else.
Litigation ExpertiseAdvice on and drafting of documents concerning family trusts is an area that a UK tax barrister can advise on. Some of the top tax barristers have extensive experience of helping people to resolve matters on a civil basis, where tax fraud has been alleged by HMRC and COP9 issued. A selection of UK tax barristers advise in relation to stamp taxes, including SDLT, and have experience advising on SDLT planning. They assist clients to structure their holdings to as to reduce or eliminate the burden of SDLT in accordance with the law and HMRC guidance. Transfer pricing is a matter that tax barristers can accept instructions in. Competent tax barristers advise on tax lawsuits. The opinion of a Inheritance Tax Advice service should be sort if clarification of the finer issues are required.
A barrister is a qualified legal professional who offers specialist advice whilst representing, advocating and defending its clients in court or at a tribunal. 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. In England and Wales, apart from a small number of Solicitor High Court Advocates, all advocacy in the High Court, Court of Appeal and Supreme Court is handled by barristers. You can find more details relating to Tax Barristers at this link.
Related Articles:More Information About Expert Tax Barristers
Additional Insight On Expert Tax Barristers
More Background Findings On UK Tax Barristers
Extra Insight On Expert UK Tax Barristers
Extra Information About Expert UK Tax Barristers
Additional Insight On Expert UK Tax Barristers
Further Findings With Regard To UK Tax Barristers
|
