Three things your client may call you about this week ...

Adviser dodged stamp duty

clock • 3 min read

A tax adviser avoiding his own stamp duty, savings on the up and more lending for the bank of mum and dad - here's our weekly heads-up on the financial stories that may have caught your clients' attention over the weekend...

Tax adviser who dodged stamp duty on his own home A tax adviser who avoided paying thousands of pounds in stamp duty on his own home has been fined £60,000 for failing to warn a client that the taxman was clamping down on a similar tax avoidance scheme, according to The Sunday Times. David Hannah, 59, who runs Leicestershire tax advice firm Cornerstone, was found by a judge last year to have avoided paying £30,600 in stamp duty on a £765,000 home in the East Midlands. He had participated in a complex overseas-based annuities scheme that misrepresented the house's value as £38,250 to t...

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 Your profession

News editor's view: Why advisers should pay attention to student loans

News editor's view: Why advisers should pay attention to student loans

The news editor's Friday Night Takeaway from 12 June

Isabel Baxter
clock 12 June 2026 • 4 min read
Feel Good Friday: Finli Group raises money for dementia charities

Feel Good Friday: Finli Group raises money for dementia charities

Has raised £10,000 and hopes to generate an additional £10,000

Professional Adviser
clock 12 June 2026 • 1 min read
Education minister: Student loan repayment threshold freeze did not break the system

Education minister: Student loan repayment threshold freeze did not break the system

‘These are design choices we have inherited’

Sophia Panayi
clock 11 June 2026 • 3 min read