Recently I watched a YouTube video about the significance of Specialised Tax Barristers and wanted to share what I found out from the experience with you in this blog post.

Barristers give advice to clients about how the law applies to their situation. Barristers are normally contacted and instructed by a solicitor who seeks specialised legal advice in a particular field, such as criminal, family, commercial or tax law. A specialist tax consultancy may work on inheritance Tax (IHT) and estate planning (including asset protection). Examples of tax barristers' expertise in pension schemes includes mergers and wind-ups. Most governments usually choose to raise taxes, but other mechanisms are open to them to achieve their spending goals. These need to be understood before considering why they use tax when there are alternatives available. The most obvious practicable alternative to tax is for a government to print money to pay for its expenditure. Should you become the subject of an HMRC investigation in relation to avoiding Capital Gains Tax (CGT), it is recommended that you seek urgent professional advice from tax consultants, who will provide a prompt evaluation of your personal and business circumstances. Barristers draft legal opinions. For example, a barrister might give you a legal opinion on whether or not you have a good legal case against someone with whom you have had a dispute.



A client seeking advice should ideally be able to tell everything to his professional adviser secure in the knowledge that the adviser will not reveal what he has been told to anyone else, and it is important that the client does give all the facts to the adviser otherwise the professional will not be able to properly advise him. A barrister who is an expert in Stamp Duty Land Tax may also be able to advise on the conduct of negotiations and litigation with the Her Majesty’s Revenue and Customs. Everyone is subject to tax law, which means tax barristers can find work in virtually every employment sector. Tax barristers can provide advice on structuring acquisitions and disposals tax efficiently. A Domicile Advice service will represent clients to determine the best fit for their needs.

Practical And User-friendly

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. Interestingly, a barrister who is a specialist on the subject of tax can provide consideration of a gift with reservation of benefit rules on termination of an interest in possession under s.102ZA FA 1986. Long-serving barristers work with businesses to implement robust governance structures to manage risk and prevent disputes across the taxes. Fees for barristers are based upon the complexity and likely timeframe that a matter will take. These will be discussed with in advance so that there is total transparency at all stages. Tax barristers receive instructions from a wide range of clients, including UK and international law firms, in-house legal departments and overseas lawyers. Members of chambers accept work directly under the Licensed and Public Access rules from professional organisations and corporate clients. Specialist assistance for Pensions Advice should be sought whenever required.

A tax barrister can advise on pension disputes and appeals concerning access to ill-health retirement benefits. The UK economy, along with other western economies, is being shaped by powerful tides of economic and social Activities that tax barristers engage in include ndertaking settlement negotiations both through the formal ADR process and in correspondence as well as representation at all tribunal and court hearings. “Taxes should be simpler and fairer” is the common mantra of better off people and tax commentators. Inheritance tax is a tax on the value of a person’s worldwide estate (i.e., their property, money and possessions) when they die. The rate of inheritance tax depends on the value of a person’s estate. A tax professional will be able to offer advice and guidance on this matter. Any Tax Barrister service will not reveal what he or she has been told to anyone else.

Incredibly Knowledgeable

A barrister with expertise in real estate tax can give advice in relation to VAT including structuring, going concerns, valuations, groups and the capital goods scheme. Tax barristers can advise clients on broad-based employee share schemes as well as short-term and long-term incentives. They can also help evaluate equity incentive arrangements, cash-settled bonuses and deferred incentives. The tax which each individual is bound to pay ought to be certain, and not arbitrary. The time of payment, the manner of payment, the quantity to be paid, ought all to be clear and plain to the contributor, and to every other person. A pensions barrister can offer an opinion on pension tax issues and setting up excepted group life assurance schemes. The most established tax barristers work seamlessly to help clients navigate the tax implications of an ever-evolving business and legal environment around the world. Professional help by any Inheritance Tax Advice service will provide value for money.

Chamber members have expertise in a wide range of practice areas within the UK and internationally. Tax barristers offer support and guidance in reclaiming overpaid SDLT from HMRC, as well as managing all correspondence in HMRC investigations for SDLT evasion and avoidance, and processing appeals against HMRC. Many barristers are supported by dedicated clerking teams with the experience, depth of knowledge and personal service essential in today’s demanding commercial environment. Unearth supplementary intel on the topic of Specialised Tax Barristers on this link.

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