Tax Implications on Family Breakdown

This book provides an inter-disciplinary approach to financial remedy cases, combining concise and authoritative guidance with flowcharts and checklists to assist professionals from both disciplines. It covers significant developments, including allowances and bands, capital gains tax, Stamp Duty Land Tax, corporation tax, cryptoassets, and the tightening of rules.

Format: Paperback / softback
Length: 320 pages
Publication date: 20 July 2023
Publisher: Bloomsbury Publishing PLC

This comprehensive book, co-authored by a renowned tax expert and a family lawyer, offers invaluable insights into the common challenges encountered in financial remedy resolution cases. It serves as a valuable resource for professionals from both disciplines, providing a solid foundation in tax for family law practitioners to identify tax-related issues that arise during family breakdowns or financial remedies proceedings. At the same time, tax practitioners gain valuable guidance on what to expect from the process when working as Single Joint Experts. By facilitating effective engagement between these practitioners, the book ensures that all necessary information is readily available to the court or alternative dispute resolution processes.

The Second Edition of this text is particularly noteworthy for its coverage of significant developments in the field. It includes up-to-date allowances and bands, revised rules regarding capital gains tax for divorcing couples, updated Stamp Duty Land Tax provisions for couples, and insights into corporation tax and its impact on financial structuring. Additionally, the book delves into the realm of cryptoassets, addressing the growing importance of digital assets in modern relationships. The text also reflects the tightening of rules, heightened judicial expectations of the selection process, and the evolving ways in which experts provide assistance to the court.

To enhance accessibility and practicality, all precedents in the book are available as electronic downloads. This allows practitioners to easily reference relevant case law and principles, enhancing their understanding and application of the law.

Combining concise and authoritative guidance with comprehensive flowcharts and checklists, this work offers an expert inter-disciplinary approach to family and tax practitioners of all levels. It serves as a valuable tool for those seeking to navigate the complex and technically challenging terrain of financial remedy cases.

In addition to its standalone value, this title is also included in Bloomsbury Professional's Family Law online service, providing users with access to a wide range of resources, including case law updates, journal articles, and expert commentary. This comprehensive platform further enhances the book's utility and makes it an essential resource for practitioners in the field.

Overall, this book is a must-read for professionals involved in family law and tax, offering a comprehensive and practical guide to financial remedy cases. Its expert inter-disciplinary approach, coupled with up-to-date information and accessible resources, empowers practitioners to handle these complex matters with confidence and expertise.

Weight: 515g
Dimension: 248 x 156 (mm)
ISBN-13: 9781526526960
Edition number: 2 ed