The origins of small sports and social clubs are often shrouded in the mists of time and, if they cease to function, issues can arise as to what should be done with their assets. In the case of a defunct railway workers’ club, the High
Prioritising prompt payment of your tax bills can be tough, particularly when there are other compelling and unforeseen demands on your limited resources. In a case on point, the First-tier Tribunal (FTT) came to the aid of a man who dipped into his tax reserve
Is the release of an option to purchase land a taxable supply of services or an exempt supply of an interest in land for VAT purposes? The First-tier Tribunal (FTT) tackled that issue in a ruling which raised a point of principle of importance to
HM Revenue and Customs (HMRC) operates within the constraints of its statutory powers, but its ability to conduct ‘informal’ inquiries into taxpayers’ affairs, without limit of time, has been upheld by the Court of Appeal in a landmark ruling. The case concerned a successful entrepreneur
Parents who assure their children of a future inheritance may find themselves legally bound to keep their word – but such promises may only be conditional. A judge made that point in a case concerning a bitter breakdown in relations between an elderly farmer and
Many successful entrepreneurs harbour hopes of their businesses being continued by their children after they are gone – but there is sadly no guarantee that they will get on. In a case on point, the High Court intervened to break a deadlock between three brothers
Many farmers understandably wish to keep their businesses in the family after they are gone but, without professional inheritance planning, that can be very difficult to achieve. The point was powerfully made by a Court of Appeal ruling which, whilst seeking to resolve a bitter
Anyone who is asked to personally guarantee repayment of a corporate loan should take a deep breath – and expert legal advice – before signing on the dotted line. The point was powerfully made by a High Court case in which a businessman found himself
There is no such thing as a risk-free investment, but if you are induced to part with your money by deceit a good lawyer will help you get it back. Exactly that happened in the case of an engineer who was hoodwinked into ploughing a
Very rich people often live jet set lifestyles of ceaseless travel and pinning down the country in which they are domiciled can be a serious challenge. The High Court faced exactly that difficulty in a case concerning the acrimonious breakdown of a relationship between a
