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In this issue: Probate Court of Protection UK taxes for Private Client HMRC Manuals updates Tax avoidance, evasion and non-compliance Insolvency—Private Client Digital assets and cryptoassets Charity and philanthropy Contentious trusts and estates Pensions, insurance and tax efficient investments International Question of the week Additional Private Client updates this week Daily and weekly news alerts LexTalk®Private Client: a Lexis®PSL community New and updated content Dates for your diary Trackers Latest Q&As Useful information Probate HMCTS probate enquiry line—temporary reduced hours From 14 February 2024, and for 12 weeks, the HMCTS probate helpline will run on reduced hours: 9am to 1pm, Monday to Friday. The HMCTS Probate Service remains available via web‑chat from 9am to 5pm, Monday to Friday. Source: HMCTS Probate LinkedIn post. MoJ urges those entitled to claim dormant funds held by CFO to act now The Ministry of Justice...
In this issue: Practice Compliance forecast Financial sanctions AML, CTF & counter-proliferation financing Other financial crime Data protection Other Practice Compliance updates this week Daily and weekly news alerts New and updated content Practice Compliance forecast New Practice Compliance forecast as at 18 March 2025 Our latest Practice Compliance forecast (as at 18 March 2025) is now available. This month we cover: (1) the introduction of the Crime and Policing Bill 2025; (2) the government’s JFT developing a new Fraud Strategy; (3) the ICO’s plan to issue refreshed guidance on data breach reporting; and (4) the SRA’s application window for specified solicitors to remain on the roll. See News Analysis: New Practice Compliance forecast as at 18 March 2025. Financial sanctions How UK Supreme Court may assess Russia sanctions cases Law360, London reports that in January 2025 the UK Supreme Court heard two appeals under the Sanctions and Anti-Money Laundering Act...
Paul Baxendale-Walker HMRC cautioned that Paul Baxendale-Walker may incur civil fines or face criminal charges if he fails to cease promoting the arrangements. The avoidance arrangements involved offshore trusts intended to secure tax reliefs absent any bona fide commercial aim. According to HMRC, the schemes he marketed employ intricate frameworks to keep funds accessible to participants while purporting to sidestep tax liabilities. Records from the Solicitors Regulation Authority show Baxendale-Walker was removed from the roll in September 2006. The regulator did not state why the step was taken. Since then, he has worked as a chat show presenter and as an actor and producer in the adult entertainment sector. The government signalled in November 2023, as previously noted by HMRC...
ARCHIVED This Practice Note formerly outlined the Bill of Costs pilot scheme, which concluded on 30 September 2017, and is retained for historical reference only. For current guidance on detailed assessment, see: Detailed assessment—overview. The Note relates to the pilot contained in the now-superseded Practice Direction 51L, operating from 1 October 2015 until 30 September 2017. It applied to detailed assessment proceedings in the Senior Courts Costs Office (SCCO) and participation was voluntary. Why is the bill of costs changing? The traditional method of preparing a Bill of Costs failed to utilise available technology, even though a bill could, in practice, be generated from solicitors’ time-recording across the life of the litigation. Moreover, since the roll-out of the costs budgeting regime, further concerns have arisen—for instance, there is no requirement to set out how the Bill of Costs accords with the most recently approved budget. Taken together, these factors exposed weaknesses in the existing approach to bills...
1 Policy statement 1.1 The policy of [ firm name ] (‘the firm’) is to conduct its affairs in accordance with the highest professional standards. We pledge to act professionally, fairly and with integrity in every business relationship and transaction. This document explains how we manage undertakings. 1.2 The purpose of this policy is to: 1.2.1 outline our duties, and those of individuals working for us, in observing and upholding our position on undertakings; 1.2.2 provide information and guidance on how to deal with undertakings. 2 Definitions In this policy: 2.1 third party • means any individual or organisation you come into contact with during the course of your work with the firm—this includes actual and potential clients, other solicitors, suppliers, distributors, business contacts, agents, advisers, and government and public bodies including their advisers, representatives and officials, politicians, and political parties; 2.2 solicitor • means a person who has been admitted as a solicitor of the...