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Professional Negligence (Dispute Resolution)

Professional Negligence

A tax advisor has a duty of care to provide appropriate tax advice based on its client's personal circumstances. However, when this duty is breached, it can have serious reputational and/or financial consequences.

At Mishcon de Reya, we have a specialist team who are regularly instructed by individuals and businesses with respect to claims against tax advisors. Our team can help you to investigate what went wrong and who is responsible, with the aim of finding a resolution which suits you and/or your business. We have an impressive track record working with elite professionals and top-tier businesses to unravel even the most complex of claims.

We have acted on numerous transactions where tax advisors have acted below the standard expected. Examples include acting in claims where tax advisors have given incorrect advice relating to:-

  • Tax schemes adopted to mitigate tax liabilities;
  • The ability to bring money into the UK and the tax liability associated with taking this step;
  • Entering into settlement with HMRC.
  • VAT and the ability to reclaim it. 
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