Tax Implications on Family Breakdown

Description

Co-written by a leading tax expert and a family lawyer, Tax Implications on Family Breakdown provides answers to the common problems encountered in financial remedy cases, in a way that will assist 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 is included to engage the 'Part 25' expert with maximum safety and efficiency. Tax Implications on Family Breakdown covers: Tax law as at 6 April 2020 The significant changes to Capital Gains Tax payment and reporting from 2020 FPR 2010, Part 25 as at Spring 2020

Sofia Thomas is a chartered tax advisor and founder of Sofia Thomas Ltd, a tax practice which focuses on partnering with family solicitors to provide tax advice to their clients on family breakdown. Sofia is an expert contributor for the BBC, a committee member of Women in Tax and associate member of Resolution. James Pirrie is a solicitor, arbitrator, mediator and collaborative lawyer and has been listed in Chambers UK and The Legal 500 UK as a top ranked, leading individual for many years. A specialist in complex financial issues, with CII tax qualifications, James is co-author of a range of books across the FR field and co-authored Resolution's Guidance Note: First Directions Appointments (2018) and Instruction of accountant experts.

All you need to know on where taxation meets the family law financial remedy...invaluable to...the "forgotten" area of financial remedies: the tax gatherer." * Richmond Chambers * Although this book is directed at family law practitioners, for whom it is essential, it is equally of interest to tax practitioners who do not deal with divorce cases all the time. It shows how the tax law must be applied to a particular type of client and will be useful on any private client practitioner's bookshelf. * Law Skills * ...an excellent practical guide to matrimonial tax for family lawyers. * TAXline Magazine *