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Arctic Systems Result and fall-out
Friday 21st March 2008
The House of Lords has decided Jones v. Garnett (Arctic Systems) in favour of Mr Jones overall, while agreeing with HMRC on the issue of whether the arrangement constituted a settlement for the purposes of the settlements legislation. In particular, the House of Lords has held that a gift consisting in ordinary shares is not a gift wholly or substantially of income. This article analyses the opinions in the House of Lords and the Government response to the decision, and provides some practical advice for tax advisers.
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4th Annual TFC Local Government Conference
14 May 2013
14 May 2013
Terra Firma Chambers is hosting its 4th Annual Local Government Conference on Thursday 6th June 2013 at the Mackenzie Building, Edinburgh. Chaired by Roy Martin QC, this full day conference will focus on means of reducing the risk of challenge.
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