The price of an appeal is an important consideration, writes Liesl Fichardt
Making choices in tax disputes is not always easy. The right choice may depend on a number of factors and circumstances. More often the decision needs to anticipate future events many of which the parties have to predict in the absence of clear outcomes. In the case of actual litigation in tax matters many choices need to be informed by commercial considerations risks and increasingly costs. Making those choices particularly in relation to costs early on in proceedings in the First-tier Tribunal (FTT) is not always easy but is essential as recent case law suggests.
The tribunal is a creature of statute and is governed by its...
