*/
Trust and trustee – Investments. The Upper Tribunal Tax and Chancery Chamber held that it was not bound by a previous decision of the High Court and that in any event the decision in Pierce v Wood was wrong. It further held that the Court of Appeal in Howell v Trippier had not held that the deeming effect of s 249(6)(b) Income and Corporation Taxes Act 1988 applied for the purposes of trust law generally or indeed for any purpose outside that Act. Section 249(6)(b) did not have any effect beyond that Act and that therefore the scrip dividend shares and their proceeds of sale were capital of the settlement.
Trust and trustee – Investments. The Upper Tribunal Tax and Chancery Chamber held that it was not bound by a previous decision of the High Court and that in any event the decision in Pierce v Wood was wrong. It further held that the Court of Appeal in Howell v Trippier had not held that the deeming effect of s 249(6)(b) Income and Corporation Taxes Act 1988 applied for the purposes of trust law generally or indeed for any purpose outside that Act. Section 249(6)(b) did not have any effect beyond that Act and that therefore the scrip dividend shares and their proceeds of sale were capital of the settlement.
The Chair of the Bar reports back
By Kem Kemal, CEO, Henry Dannell
By BSK Financial Planning
Mário Barroso, Head of R&D and Method Development at AlphaBiolabs
Susie Griffin on the admin that keeps barristers from billable work
Clement Cowley, Partner at The Penny Group, explains how global events can influence the performance of pensions and ISAs, and why taking a long-term approach to investing is often the most effective strategy
Kick off your career at the Bar Council’s Pupillage Fair this October – it’s one of the most valuable opportunities for aspiring barristers, says Amelia Clegg
Join us on Saturday 21 November 2026 at Leeds Beckett University and see for yourself why the North continues to be an exceptional place to build a career at the Bar
The golden age of advocacy? David Langwallner pays homage to the filmic if contentious barrister Sir Edward Carson and some of his contemporaries
Henry Fingerhut outlines what the Bar Standards Board AI guidance means for early career barristers
Not yet, says Jacob Turner. Regulation, unlike the technology itself, is a domain the legal profession can still control
