Have you ever been torn between buying from a UK Based Tax Barristers business that exhibits the same principles as yourself and one that doesn't? Do you ever consider your ideals that mould your decision making on this topic? Experienced tax specialists can assist you throughout a transaction to final implementation of your contract. Barristers that are experienced in tax disputes can represent clients in tax tribunals and arrange for representations in the higher courts. Residency and domicile tax investigations are an area of HMRC tax investigations that tax barristers can assist with. 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. Complying with tax law can be challenging for individuals and businesses, especially for those with interests around the world. Barristers specialising in SDLT have decades of experience in this complex and ever-changing area of tax law. Whether you are looking for advice on stamp duty on a second home prior to purchase; facing an HMRC investigation; or trying to reclaim SDLT on a second home, barristers offer trusted tax advice and representation. In any case where litigation may result, the services of a tax barrister as an advocate are indispensable, whether it be a friendly application to vary the trusts of a settlement or a contested tax appeal. 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. Pensions barristers have a deep understanding of how schemes operate in practice and specialist litigation expertise and experience. Tax lawyers who act for companies often work with other teams of lawyers as one aspect of a larger deal, as virtually all commercial transactions will include tax ramifications. Typical deals might include advising on the tax implications of a mergers and acquisitions, property deals, restructurings and all manner of finance such as funds, equity and debt. Need Inheritance Tax Advice If so, its important to employ the services of a skilled professional? Tax Law 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. Much of the tax work of commercial barristers is on behalf of private clients, trustees and small-to-medium-sized businesses. Regardless of training, tax advisors are well-versed and up-to-date in matters of tax law and both IRS and state tax guidelines. Long-serving barristers can advise on commercial tax litigation. Much of the legislation around tax is written in language about as far removed from plain English as it is possible to get. Many people, with the exception of tax barristers, have to admit that they have almost no idea what a particular piece of law has been proposed to deal with, and why, or what it might mean. Professional help by any Pensions Advice service will provide value for money. A barrister who is an authority in Stamp Duty Land Tax may also be able to advise on long term tax planning. Employment-related securities, share repurchases and venture capital trusts are additional areas that tax barristers may advise on. A barrister who is an expert on tax matters can provide advice on corporate restructuring and reorganisations (including s.110 Insolvency Act reconstructions, direct and indirect demergers). Many barristers work from anywhere, attending tribunal and court hearings by video or in person. We specialise in a number of tax-related areas of expertise, including stamp duty, financial crime, tax investigations and tax avoidance schemes. When focusing on complex corporate transactions, businesses need to be mindful of all relevant tax considerations and, increasingly where deals are cross-border, they need integrated domestic tax advice across multiple jurisdictions and an overarching international outlook. A Tax Barrister service will represent clients to determine the best fit for their needs. Seismic Changes A barrister is best known for their advocacy before the Courts but it is true to say that their strength lies in Dispute Resolution, both judicial (before Courts or tribunals) and non-judicial (through negotiation, mediation or arbitration). Accomplished barristers have extensive tax litigation experience. Whereas most junior barristers experience is limited to tax tribunal litigation, time served tax barristers have extensive experience of tax litigation in both the High Court and the Tax Tribunal. Some barristers specialise in all property related matters, ranging from housing, boundary disputes, adverse possession, easements and restrictive covenants, landlord and tenant (both commercial and residential) and more. When you work as hard as you do, it’s only fair that the wealth you have created benefits you. Ensuring that you are not paying too much of that wealth back in tax is important. Private client lawyers increasingly have to be tax experts when advising high net worth individuals on how to structure their wealth. All professionals involved with Domicile Advice have a duty to be confidential. No one has any doubt that when we proceed to shift the taxes around so that one set of taxpayers pays a lot more taxes and somebody else pays a lot less taxes, the people who benefit from it do not remember it very long. They tend to feel that it should have been that way all the time, and the people who are paying the additional taxes resent it very bitterly. New criminal legislation imposes criminal liability on corporations, including unlimited fines, for the tax-related actions of their staff and associated persons. The only defence is to ensure that the business has reasonable procedures in place to prevent a tax offence from being committed. A barrister who is an expert on tax matters can provide advice to clients in respect of capital allowances; Discover extra info on the topic of UK Based Tax Barristers at this article. Related Articles: Further Information On Specialised Tax Barristers Additional Findings With Regard To Expert UK Tax Barristers Background Findings On London Based Tax Barristers More Background Information About UK Based Tax Barristers Background Information With Regard To UK Based Tax Barristers Supplementary Findings About UK Based Tax Barristers Supplementary Insight With Regard To UK Tax Barristers