Harriet Brown wins nil rate band trust planning case in FTT

Harriet Brown of Tax Chambers, 15 Old Square successfully represented the Appellants in Re Tobin, Chadda v HMRC, a case in which HMRC challenged the validity of a nil rate band trust. On behalf of the taxpayers Harriet successfully argued that the nil rate band trust had been properly constituted by an IOU arrangement in relation to Mr. Tobin’s share of the matrimonial home.