In some claims against accountants, particularly those that deal with highly sensitive commercial information, there will be data and details which you do not wish to share with the courts. This may be because you have a duty to shareholders or other interested parties not to disclose certain classified information or it may be because you believe that disclosure would not be in the best interests of either you or the business. Continue reading →

One of the most pertinent legal questions related to a claim for professional negligence, whether it is against an accountancy firm or other professional, is the issue of limitation. However, answering the question can involve tortuous analysis of statute and precedent and is rarely clear-cut, even for professional negligence solicitors. Continue reading →

If you believe that you may have grounds for commencing a professional negligence claim against a professional such as a solicitor, architect, accountant or estate agent , Healys LLP lawyers will help you determine the best course of action. Continue reading →

One of the biggest potential stumbling blocks to a successful professional negligence claim is the limitation period associated with such litigation. As Justice Nicholls remarked, as far back as 1990, “the question of damage and the limitation period in negligence claims has been a troublesome one for some years”.  Continue reading →

In the event you think you might have grounds for a claim for negligent financial or tax advice, you should seek the help of specialist professional negligence lawyers. Strict time limits are in place in regards to the making of a claim, and the sooner you proceed, the less likely you are to find that your claim has been time-barred. Continue reading →

From 2012 to 2014 there was public outcry following revelations that many rich and famous people had participated in complex tax avoidance schemes. Celebrities such as Gary Barlow and Jimmy Carr, it was widely reported, had succeeded in avoiding millions of pounds of tax. Continue reading →

In March 2014, chancellor of the exchequer George Osborne delivered a speech to the House of Lords in which he vowed to tackle tax avoidance schemes. This was a position which caused a great deal of discomfort among professional tax advisors in the UK, as it opened up the distinct possibility that they might face a surge in professional negligence claims from clients ordered to meet unpaid taxes as a result of the government’s more stringent stance. Continue reading →

No one gets excited about paying tax, and most us are keen to incur as little personal liability as possible. which is why tax consultants are generally employed. Continue reading →

When engaging the services of a tax professional it is reasonable to expect a certain standard of expertise. We place our trust in tax advisors and expect that they will act in a way which protects our best interests while also being transparent and within the law. In cases where service and results fall below expected standards, it may be possible to proceed with a professional negligence claim against the firm or individual involved. Continue reading →

The high point for the selling of Interest Rate Swap Agreements (IRSAs) occurred between 2006 and 2008 – although many banks began selling these products as early as 2001. It has since emerged that many of these products were mis-sold. Continue reading →