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    Default Solicitors Sue Accountants over Failed Tax Scheme

    Solicitors Sue Accountants over Failed Tax Scheme
    Halsall & Ors v Champion Consulting Ltd & Ors (Rev 1) [2017] EWHC 1079 (QB) (19 May 2017)

    This recent case, Halsall & Ors v Champion Consulting Ltd & Ors (Rev 1) [2017] EWHC 1079 (QB), provides a new angle, since the partners in a firm of solicitors, who each utilised two different types of scheme took legal action against the promoters in an attempt to recover losses suffered when HMRC successfully challenged the arrangements.

    The defendants were successful in this case. The reason why each the claims foundered was a failure by the claimants to bring them within the three-year period permitted by the statute of limitations.

    See AccountingWeb for full article:
    Solicitors sue accountants over failed tax scheme | AccountingWEB

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    Bloggs takes note that the solicitors involved did not realise their time to act had passed by. (Note to self - Never instruct this firm to act for you).

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