ICAEW mulls another foray into legal privilege battle
Institute considers its level of involvement into landmark legal professional privilege case
Institute considers its level of involvement into landmark legal professional privilege case
ANOTHER OPPORTUNITY for the ICAEW to argue in court in favour of extending legal professional privilege could arise, after a landmark case was allowed to be heard by the Supreme Court.
After Prudential was yesterday granted leave to appeal in the Supreme Court over its assertion that tax advice it received from PwC was protected by legal professional privilege (LPP), the institute said it would like the opportunity to help the insurer.
The ICAEW presented to the Court of Appeal last year in the Prudential case, arguing for LPP to be extended beyond lawyers, to tax advisers.
Ian Young (pictured), ICAEW tax faculty technical manager, said the institute would “welcome the opportunity to present to the courts”.
“If LPP is a common law right then it should be for the courts to decide.”
However, it was still too early to say definitively whether the ICAEW would be involved, and would require further discussion. “It is an expensive venture,” Young added.
More about:
In the past decade, the professional services industry has transformed significantly. Digital disruptions, increased competition, and changing market ...
View resourceIn recent months, professional services firms are facing more pressure than ever to deliver value to clients. Often, clients look at the firms own inf...
View resourceIn a world of instant results and automated workloads, the potential for AP to drive insights and transform results is enormous. But, if you’re still ...
View resourceThe first phase of Making Tax Digital (MTD) saw the requirement for the digital submission of the VAT Return using compliant software. That’s now behi...
View resourceAccountancy Age readers make clear they see legal professional privilege as essential to their ability to practice, after a poll Read More...
View articlePractitioners will continue to face issues around providing legal advice to clients Read More...
View articleColin wonders how the voting process might work among Justices at the the Supreme Court Read More...
View articleLord justices follow previous rulings on legal privilege: that it could cause uncertainty, and parliament will have to decide how to extend it Read Mo...
View articleTaylor Wessing's Andrew Howell looks at what the Supreme Court's ruling means for accountants Read More...
View articleInstitute wants to be able to license and regulate alternative business structures, and advisors wanting to offer probate services Read More...
View articleBroadening the scope of legal professional privilege to take in accountants is a matter for parliament, the Supreme Court hears Read More...
View articleICAEW intervenes in Supreme Court battle between Prudential and HMRC over legal professional privilege for tax advisors Read More...
View article