Advisers could profit from the
Nast ruling, lawyers have suggested, as many have conditional fee
arrangements set up dependent upon it.
‘This litigation has been running for many years. The decision will be
welcomed by the many professional advisers who took a stake in the outcome of
the case by agreeing contingency fees for processing taxpayers’ claims, ‘ said
Jason Collins, partner at McGrigors.
‘This fee income will provide a welcome windfall at a time when the prospects
for professional services in the short term are looking uncertain.’
The House of Lords ruled unanimously in the publishing company’s favour this
morning, in a case over time limits on VAT repayment claims.
Does Darwin's theory apply to taxation? Colin ponders...
The UK tax gap fell in 2014-15 to its lowest-ever level of 6.5%, revealed official statistics published today
Changes to the tax system is urged to support the growth of entrepreneurs, found a report from the Grant Thornton UK, the Institute of Directors, and the Prelude Group
The EC has been instructed to draft a European Union (EU) directive authorising an EU financial transaction tax, which would apply to ten of the EU’s 28 member states