Using technology to optimise communication in Private Client law practice.
In a fast-evolving world, where advances in technology, world events and developing societal perceptions are all contributing to change, thriving private client law practitioners are realising the importance of using technology to update and optimise client communication methods. Private client work poses the second highest risk of all legal services, as far as professional indemnity […]
CTT’s Trust of Land – the secret weapon to saving your clients tax millions
“Oh, we’ve got to be talking millions!” says Spencer Tattam, CTT’s Technical Director. “If this one instance in Brighton saved the family from a £134,000 tax bill, then over the last 15 years, we must have saved millions in tax for our members’ clients.” He’s talking about CTT’s Trust of Land, another ingenious bit of […]
The rise in inheritance tax investigations by HMRC
HMRC recovered a record £326million following investigations into underpayments of inheritance tax in the year ending March 2022. Perhaps unsurprisingly in light of these figures, it seems that HMRC have continued their focus on inheritance tax investigations since then. Pursuant to a recent freedom of information request it is understood that HMRC opened 2,029 inheritance tax […]
FCA requests information from firms about delivery of their ongoing advice services and the Consumer Duty
The Financial Conduct Authority (FCA) is writing to a number of financial adviser firms requesting information about their delivery of ongoing services, for which their clients continue to be charged after advice has been given. In its survey, the FCA asks if firms have assessed their ongoing services in response to the introduction of the […]
Financial watchdog stops thousands of misleading ads and promotions
Over 10,000 financial adverts and other promotions were withdrawn or changed in 2023 following intervention from the Financial Conduct Authority (FCA), an increase of 17%, year-on-year. The FCA also published 2,285 alerts to help prevent consumers from losing their money to scams, up from 1800 in 2022. After being given new powers by the Government, […]
