Halsall case: The court loss that changed financial negligence claims

£6m tax avoidance claim

clock • 3 min read

Julia Norris examines the Halsall v Champion Consulting court battle, which as she explains, set a precedent for all future negligence cases linked to financial professionals

FS legal represented Halsall in its court battle against Champion Consulting in a £6m tax avoidance claim last year. The case was widely reported and believed to be one of the first claims of this type to reach the courts. The claim related to various tax schemes entered into by the claimants on the advice and recommendation of their tax advisers that were determined to be negligent advice. The much-anticipated judgement that was reached in the case of Halsall & Ors v Champion Consulting LTD, set a precedent for all future cases where claimants are looking to pursue negligence claims ...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Adviser tips

Spouses using different advisers can often cause difficulties

Spouses using different advisers can often cause difficulties

Looking at industry thoughts on the back of last week’s PA Asks poll

Hope Coumbe
clock 25 March 2024 • 1 min read
Editor's View: A very busy week and a very clear warning

Editor's View: A very busy week and a very clear warning

The editor's Friday Night Takeaway from 22 March

Hope Coumbe
clock 22 March 2024 • 2 min read
Editor's View: Will it be smooth sailing ahead for True Potential?

Editor's View: Will it be smooth sailing ahead for True Potential?

The editor's Friday Night Takeaway from 15 March

Hope Coumbe
clock 15 March 2024 • 1 min read