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...
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