Divorce and Taxes – What to look out for As Albert Einstein said: “The hardest thing in the world to understand is the income tax”. In Divorce cases the main concern is the treatment of tax issues and potential future tax liabilities. In G v G (Financial...Read MoreTags: tax year, sdlt, income tax, cgt, capital gains tax, tax
‘Thinking’ is one thing no one has ever been able to tax – but is that true? As Helen Mirren said: “The great marriages are partnerships. It can’t be a great marriage without being a partnership”; but what about the well-known Film Partnership schemes,...Read MoreTags: tax avoidance, film partnership scheme, film partnership, tax
The importance of pension rights on divorce For many people, the value of their pension may be higher than that of their house. On divorce, the law dealing with financial provision provides that in the context of dividing the marital assets, the court MUST take the...Read MoreTags: paradigm family law, tax, international, pension, legal advice, fixed fee, family law, divorce
Spouses, civil partners, divorce, dissolution and separation As the new tax year approaches, at Paradigm Family Law we look at the implications it has for couples separating or considering divorce and the importance of timing. When it comes to Capital Gains Tax (CGT),...Read MoreTags: tax, civil partnership, contact, york, paradigm family law, legal advice, fixed fee, family law, divorce