Crown Prosecution accountant faces jail after £1m taxi fraud – Daily Telegraph

Posted March 15th, 2013 in accountants, conspiracy, Crown Prosecution Service, expenses, fraud, news by tracey

“A Crown Prosecution Service accountant who fiddled £1 million of taxi fares has been warned that she faces a lengthy jail sentence after admitting fraud.”

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Daily Telegraph, 15th March 2013

Source: www.telegraph.co.uk

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Legal professional privilege and employment law – Hardwicke Chambers

Posted February 27th, 2013 in accountants, employment tribunals, legal profession, news, privilege by sally

“In R (on the application of Prudential Plc and another) v Special Commissioner of Income Tax and another [2013] UKSC 1 a majority of the Supreme Court held that legal advice privilege does not extend to protect legal advice given by professionals who are not lawyers and that it is for Parliament, not the courts, to decide whether and how the privilege should be extended.”

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Hardwicke Chambers, 19th February 2013

Source: www.hardwicke.co.uk

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Legal professional privilege fight goes on – Law Society’s Gazette

Posted January 28th, 2013 in accountants, legal profession, news, privilege by sally

“The fight to defend legal professional privilege looks set to continue, despite last week’s landmark victory for the profession in the Supreme Court. Parliament was urged to consider extending the scope of LPP in the wake of the judgment by the 140,000-member Institute of Chartered Accountants in England and Wales.”

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Law Society’s Gazette, 28th January 2013

Source: www.lawgazette.co.uk

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Regina (Prudential plc and another) v Special Comr of Income Tax and another (Institute of Chartered Accountants and others intervening) – WLR Daily

Posted January 25th, 2013 in accountants, financial advice, law reports, legal profession, privilege, taxation by tracey

Regina (Prudential plc and another) v Special Comr of Income Tax and another (Institute of Chartered Accountants and others intervening): [2013] UKSC 1;   [2013] WLR (D)  20

“Legal advice privilege would not be extended to communications in connection with advice given by professional people other than members of the legal profession, even where that advice was legal advice which the professional person was qualified to give.”

WLR Daily, 23rd January 2013

Source: www.iclr.co.uk

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Legal advice privilege should not extend to accountant’s advice, says Supreme Court – UK Human Rights Blog

Posted January 24th, 2013 in accountants, financial advice, news, privilege, Supreme Court by sally

“The Supreme Court has ruled that legal advice privilege should only apply to advice given by a member of the legal profession; that this is what the common law has always meant, and that any wider interpretation would lead to uncertainty. Two strong dissents do not find any principled underpinning for the restriction of the privilege to advice from solicitors or barristers.”

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UK Human Rights Blog, 24th January 2013

Source: www.ukhumanrightsblog.com

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Bar Council welcomes Supreme Court ruling on LLP – The Bar Council

Posted January 24th, 2013 in accountants, barristers, financial advice, news, privilege, Supreme Court by sally

“The Bar Council, which represents barristers in England and Wales, has welcomed the 5:2 majority ruling of the Supreme Court against extending legal professional privilege (LPP) to non-lawyers, following a case put forward by financial services group, Prudential, requesting that LPP be extended to protect advice given by accountants.”

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The Bar Council, 23rd January 2013

Source: www.barcouncil.org.uk

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R (on the application of Prudential plc and another) (Appellants) v Special Commissioner of Income Tax and another (Respondents) – Supreme Court

Posted January 23rd, 2013 in accountants, financial advice, law reports, legal profession, privilege, taxation by sally

R (on the application of Prudential plc and another) (Appellants) v Special Commissioner of Income Tax and another (Respondents) [2013] UKSC 1 | UKSC 2010/0215 (YouTube)

Supreme Court, 23rd January 2013

Source: www.youtube.com/user/UKSupremeCourt

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Blackstone’s Pannick fails to persuade Supreme Court to extend privilege to accountants – The Lawyer

Posted January 23rd, 2013 in accountants, financial advice, legal profession, news, privilege, taxation by sally

“The Supreme Court has refused to extend legal privilege to accountants offering tax advice.”

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The Lawyer, 23rd January 2013

Source: www.thelawyer.com

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Final ruling on legal advice confidentiality expected tomorrow – OUT-LAW.com

Posted January 22nd, 2013 in accountants, confidentiality, news, privilege by sally

“Lawyers will learn tomorrow whether the confidential protection that attaches to their communication with clients can also be claimed by accountants. A Supreme Court ruling on the issue of legal professional privilege (LPP) is expected tomorrow.”

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OUT-LAW.com, 22nd January 2013

Source: www.out-law.com

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Regulators agree to share more information – Bar Standards Board

“Regulators from across the legal, accountancy, financial and property sectors have signed a formal agreement that will allow even greater sharing of information.”

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Bar Standards Board, 4th May 2012

Source: www.barstandardsboard.org.uk

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OFT to act on ‘Big Four’ audit firms – Daily Telegraph

Posted May 18th, 2011 in accountants, competition, news, unfair commercial practices by tracey

“The ‘Big Four’ accountancy firms are to face regulatory intervention for anti-competitive behaviour, which would severely curb the industry’s most powerful companies and cost them hundreds of millions in revenue.”

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Daily Telegraph, 18th May 2011

Source: www.telegraph.co.uk

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