Tax Implications on Family Breakdown cover

Description

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 have guidance on what to expect from the process working as Single Joint Experts. It enables these practitioners to engage successfully to ensure that all necessary information is available to the court, or within alternative dispute resolution processes.

The Second Edition covers a number of significant developments including:

- Up-to-date allowances and bands

- Changes to the rules regarding capital gains tax for divorcing couples

- Updated Stamp Duty Land Tax for couples

- Changes to corporation tax and its impact on how couples structure their finances

- Cryptoassets

- The tightening of the rules, heightened judicial expectations of the selection process and the ways in which experts deliver their assistance to the court

- All precedents are available as electronic downloads

Combining concise and authoritative guidance to a complex and technically challenging area of law, supported by flowcharts and checklists, this work provides an expert inter-disciplinary approach for family and tax practitioners of all levels.

This title is included in Bloomsbury Professional's Family Law online service.

Table of Contents

1 Overview of the UK Taxation System
2 HMRC Powers: Penalties and Investigations
3 Residency and Domicile
4 Income Tax Overview
5 The Employee
6 Self-employed and Partnerships
7 The Owner Managed Business
8 Complex Earnings – Employee share schemes
9 Pensions
10 Capital Gains Tax Overview
11 The Family Home
12 Investment Properties
13 Chattels and Investments
14 Extracting Money from a Company
15 Land Taxes
16 We Let Down Our Clients by Making Insufficient Use of Available Experts
Appendices

Product details

Published 07 Aug 2023
Format Paperback
Edition 2nd
Extent 336
ISBN 9781526526960
Imprint Bloomsbury Professional
Dimensions 248 x 156 mm
Series Bloomsbury Family Law
Publisher Bloomsbury Publishing

About the contributors

Author

Sofia Thomas

Sofia Thomas is a fellow of the Chartered Institut…

Author

James Pirrie

James Pirrie is a solicitor, arbitrator, mediator…

ONLINE RESOURCES

Bloomsbury Collections

This book is available on Bloomsbury Collections where your library has access.

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