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
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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