Co-written by a leading tax expert and a family lawyer, this book provides answers to the common problems encountered in financial remedy cases, in a way that assists professionals from each discipline.
Family law practitioners will find a grounding in tax to help them to spot issues that arise upon family breakdown or financial remedies proceedings, whilst tax practitioners will gain the knowledge needed on tax implications in family separation to maintain an in-house practice in this area. In addition, it enables these practitioners to engage successfully to ensure that all necessary information is available to the court, or within alternative dispute resolution processes.
Flow charts, checklists and step-by-step chapters breakdown complex information, and precedent material are included.
The new edition covers a number of significant developments. From 6 April 2023 the rules regarding capital gains tax for divorcing couples will be changing significantly. Along with these reforms, the work updates the changes to SDLT for couples and changes to corporation tax ie how couples may structure their finances, along with a new chapter on crypto assets. From the family law perspective the new edition takes account of the impact of a number of key cases on how solicitors use experts in relation to costs and actual independence.