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

Wealth managers turn to private markets to offset geopolitical risks

Wealth managers turn to private markets to offset geopolitical risks

60% allocation in 2025

Patrick Brusnahan
clock 23 January 2026 • 1 min read
Copia launches smoothed managed portfolio range with Wesleyan

Copia launches smoothed managed portfolio range with Wesleyan

Copia Select Smoothed portfolios

Sahar Nazir
clock 22 January 2026 • 2 min read
Advertising watchdog upholds complaints against whiskey investment business

Advertising watchdog upholds complaints against whiskey investment business

Advertising watchdog upholds complaints against Whiskey & Wealth Club

Sahar Nazir
clock 21 January 2026 • 2 min read