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Every facet of life today involves tax in some respect. It's a big source of revenue for authorities and its subject-matter is voluminous and complex. Value Added Tax is dealt with by many tax barristers. VAT affects every area of commercial life and the European dimension is of growing significance. Moreover, the application of VAT in the property sector means that appropriate planning is essential A tax advisor is a financial expert with advanced training and knowledge of tax accounting and tax law. The services of a tax advisor are usually retained in order to minimize taxes payable while remaining compliant with the law in complicated financial situations. Some of the best tax barristers have experience in IHT matters including Business Property Relief. Barristers will normally put the needs of their client first and look for client focused solutions. Voluntary compliance means complying with the tax laws based upon our interpretation of the tax law. It is this flexibility that provides the taxpayer with opportunities to plan on how to minimize their tax obligations.



Chambers has a strong private client following, with a long history of advising individuals, family companies, trusts and estates. The skills and experience of a tax barrister cover the full range of direct and indirect tax, both personal and corporate. This includes income tax, corporation tax and capital gains tax. Adept tax specialists can advise on applications for direction to complete enquiries. Tax experts have in-depth knowledge of all aspects of cross-border investment; the laws of multiple jurisdictions; and the use of offshore trusts and corporate structures for asset protection, privacy, security and how these issues relate to a business. Any Domicile Advice service will not reveal what he or she has been told to anyone else.

A Broad Range Of Tax Consulting

Some of the top tax barristers have experience in corporation tax matters including those concerning Double Taxation Conventions; United Kingdom tax barristers could be consistently requested to give counsel upon areas such as International and EC Tax (including the impact of double tax treaties, the EC Treaty on the availability of foreign tax credits, the utilisation of offshore losses and the taxation of foreign dividends and intellectual property income). Professional tax barristers provide assistance during tax audits. Barristers with a tax specialism can be well respected Members of Chambers and determined and accomplished jury trial advocates. A pensions barrister can offer advice on the intricacies of auto-enrolment compliance and managing pension disputes. A Pensions Advice service will represent clients to determine the best fit for their needs.

Tax avoidance schemes are often sold without a proper risk warning that clients may be investigated by HM Revenue and Customs, and receive judicial and press scrutiny. If you have been a victim of a mis-sold tax avoidance scheme, you may be facing a lengthy tax investigation, demands to pay back-taxes with interest, potential penalties for tax evasion, and possible prosecution by HMRC. The legal services most commonly provided by most barristers are advocacy and advisory services. UK tax law is specifically targeted rather than purposive. This fits with the UK legal tradition and ensures that HMRC's decisions can be challenged in the courts. However, the search for legal certainty in such a system leads to ever more complex and lengthy legislation. Property funds including land pooling (Jenkins v Brown situations) and segregations is an area of expertise for a tax barrister. Pensions consultants work with corporates and trustees across all industries, and with professional advisers and public and regulatory bodies on the most complex, strategically important and reputationally risky pensions matters across finance (employer covenant), insolvency, tax (including tax disputes), general and public law, dispute resolution, state aid, and financial services law globally. As you may be aware, the best Inheritance Tax Advice service can give advice in relation to their area of knowledge.

Appropriate Tax Experience

So far as individual taxpayers are concerned, there is no evidence that the appetite of high-net-worth individuals for tax avoidance has diminished, even though anti-avoidance legislation has closed down many opportunities. This remains a cause for concern by HMRC. Tax barristers work with large-scale corporate litigation in the higher courts to advisory work on complex personal tax planning. Members of chambers regularly receive instructions from solicitors and accountancy firms of all sizes (from the Magic Circle solicitors and the Big Four accountants to high street advisors), trust companies and directly from in-house professionals from a wide variety of industries. A barrister that focuses on pensions can help trustees, employers, actuaries, benefit consultants, senior executives and IFAs. Tax work requires expertise, and expertise requires specialisation. As UK tax law becomes increasingly complex, businesses and individuals need specialist tax lawyers able to identify the risks and opportunities, and to help them ensure compliance. The opinion of a Tax Barrister service should be sort if clarification of the finer issues are required.

Some tax barristers have a background as a chartered accountant and can specialise in the areas of private client tax, tax investigations and tax disputes. A dedicated team of high calibre barristers provide in-depth experience and knowledge across most areas of law ensuring Chambers provide a truly comprehensive service to their clients. Judicial reviews of HMRC decisions (or failure to reach a timeous decision) is a matter that a that tax barrister can accept instructions in. Unearth extra insights appertaining to UK Tax Barristers in this entry.

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