In this episode we discuss the hot topic of artificial intelligence. We will consider what is AI, what is a large language model and how does it work, what can AI do and not do at the moment as well as some of the potential effects AI might have in the tax world. We also take a look at the recent Tax Tribunal decision in Harber v HMRC [2023] UKFTT 1007 (TC), in which false case law was generated by AI and innocently relied upon by the taxpayer and how the Tribunal dealt with this.

We are delighted to be joined by our very own expert Olivia Dhein. Olivia is a Knowledge Lawyer at RPC. Prior to joining RPC Olivia was a Professional Support Lawyer at Lexis Nexis and before that she was a commercial disputes lawyer at Freshfields. Olivia is an expert in this dynamic and rapidly changing area.  

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As the cost of living crisis bites more than ever this year, in this special Christmas episode of RPC's Taxing Matters, we bring you some Christmas cheer by way of a light-hearted discussion of some of the potential ways you may be able to reduce your tax bill. In addition, we'll also have a quick look at Santa's tax position in the run up to Christmas and whether he might be guilty of tax avoidance … or even tax evasion!

We are delighted to be joined by guest speaker Sam Brodsky. Sam is a barrister at Gray's Inn Tax Chambers and has a busy practice covering the full range of UK tax, commercial and chancery law. He is regularly instructed in the High Court and the Tax Tribunals both as lead and a specialist tax and/or property junior and most importantly, he has a great sense of humour. 

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In this episode of Taxing Matters, we discuss the hot topic of financial health, wellbeing and confidence. We are currently experiencing a challenging economic climate and any guidance on this important topic is very welcome.

To talk us through this subject and provide some practical guidance we are delighted to be joined by Ruth Handock, who is the CEO of Octopus Money, and Ali Poulton, who is a practising financial coach and who now works as a head coach, training and mentoring other coaches across the Octopus Money team. 

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In this episode of Taxing Matters, we are handing over the podcast baton and introducing our new host Alexis Armitage, who is a Senior Associate in RPC's Tax Disputes Team. We couldn’t think of any better way to say our final goodbyes to the fabulous Alice other than by putting her in the hot seat to discuss the topic of the moment, sanctions.

Alice  is an employed barrister at RPC who specialises in sanctions and fraud investigations and litigation conducted by the various UK regulatory bodies.   She has advised financial institutions, corporates and charities on the sanctions impacts of transactions particularly those involving the complex sectoral and trade sanctions regimes, advised on the application of export control provisions to international trade and assisted with queries around listing and delisting of individuals under the UK, EU and UN sanctions regimes.

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One of the things that becomes clear over the course of one's career is that enforcement trends are important for businesses to be aware of. It is important to notice, not just the macro trends like sanctions compliance and fraud enforcement, but also smaller trends; campaigns against particular tax risks and the relegation of certain information gathering powers to relative obscurity.

In this episode of Taxing Matters, we discuss the rise in one of the smaller trends, the resurgence of the use of the VAT security provisions. These provisions aren't new, but they are experiencing an upswing and can have far reaching consequences for businesses, and a number of traps for the unwary.

Joining us is Joshua Carey, an expert tax barrister at recognised repository of tax excellence, Devereux Chambers. Josh, who was recently named a Rising Star by legal directory, the Legal 500, specialises in tax, public and judicial review, commercial litigation, civil and criminal fraud, and business crime - and did we mention tax?

Josh gives us his top tips for making sure you know what to do – and not do – if you're faced with a VAT security notice. 

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Have you ever wondered about the language we use when we talk about tax? And does that language influence or betray how we feel about tax as individuals or as a society? It turns out it is a hot topic of discussion.

In this episode of Taxing Matters, we are delighted to be joined by Kirstie Skates, founder of “Illume Linguistics”. Illume Linguistics are a team of linguistics experts who specialise in using techniques from language science to analyse organisational customer and community discourse. Their focus is on identifying the underlying assumptions and gaps in understanding that get in the way of effective communication between organisations and the people they want to connect with.

Kirstie has worked in the field of organisational and individual behaviour change for over 20 years and has always been fascinated by the power of language to reveal people's beliefs about themselves, others, and the world around them. 

We discuss, in this episode of Taxing Matters, Kirstie's recent research paper - published in December last year - on the fascinating topic of how tax is framed by the private client industry and linguistic analysis which was commissioned by the “Good Ancestor Movement”. 

References

• December 2022 Report by Kirstie Skates- How is tax framed by the private client industry?

• Good Ancestor Movement who commissioned the work

• https://www.linkedin.com/company/good-ancestor-movement/ 

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As questions of economic resource allocation push to the forefront of the national consciousness there has been a rise in the number of people calling for either new taxes or wholesale tax reform. This has been mirrored by the increase in lobby groups such as Patriotic Millionaires UK a lobby group of high net worth and ultra-high net worth individuals who feel that they should be doing more. There are also a number of groups who are calling for a lower upper tax bracket in order to stimulate the economy.

In this episode of Taxing Matters, we discuss wealth tax and whether such a tax should be introduced? We are delighted to be joined by Dr Ben Tippet.

Ben is a lecturer in economics based at the Institute of Political Economy Governance, Finance and Accountability at the University of Greenwich and author of the thought provoking book 'Split Class Divides Uncovered'. Ben’s research focuses on pertinent questions around wealth inequality, housing, debt and political economy. He has been published in the Guardian, Opened Democracy and the BBC World Service.

References

• Revenue potential of UK wealth tax

• Impact of wealth tax on investment

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ENTER HERE: https://sites-rpc.vuturevx.com/5/8/landing-pages/shifting-the-dial-on-esg---taxing-matters-competition.asp?sid=blankform

We had such a great experience recording our episode on shifting the dial with Kelly Thomson and Phoebe Waters, our wonderful guests, that we have decided to keep the energy flowing, and we are running a competition!

We are excited to announce that three lucky winners have the opportunity to win three mentoring hours with one of our three incredibly generous superstars - the amazing Kelly Thomson, Employment Partner at RPC, the incredible Phoebe Waters, Chair of Female Fraud Forum, delegate to the United Nations' Commission on the Status of Women and visiting lecturer on gender equality at Cambridge University, or the inspiring Tasneem Kadiri, Tax Director at L'Oréal and Chair of award-winning organisation Women in Tax.

To enter, simply go to the link in our show notes and send us no more than 250 words on what you are doing as an individual to shift the dial towards equity – whether at work, in your community or beyond. Tell us how you became aware of the issue, how it was affecting people, who it impacted, and what you are doing to shift the dial.

You'll have to be quick though – the competition closes on Sunday 28 May 2023, so get your entries in before then! The full terms and conditions of the competition are available as a link in our show notes.

The wonderful Diana Czugler, Senior Associate at Peters & Peters and Social Secretary at Young Fraud Lawyers Association, will be our guest Judge. Three winners and our runners-up will be announced at our fabulous 8 June event held at our RPC London office which offers a great view of St Katharine Docks.

ENTER HERE: https://sites-rpc.vuturevx.com/5/8/landing-pages/shifting-the-dial-on-esg---taxing-matters-competition.asp?sid=blankform

If you would like to attend our networking event where the winners will be announced, click here to sign up https://sites-rpc.vuturevx.com/16/4656/landing-pages/rsvp-blank.asp?sid=blankform

As ever for any questions about the competition, please do not hesitate to contact us at [email protected]

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We all know the benefits which networking and creating a supportive space in which to learn and ask questions can bring to our individual practices. Today we want to highlight one of the award-winning networks which is helping to develop networking opportunities within tax together with the benefits it can bring as highlighted by two of its amazing committee members.

In this episode of Taxing Matters, we discuss the Women in Tax network and the benefits it can bring for all professionals. We are joined by its Chair Tasneem Kadiri and Events Committee Member, Alexis Armitage.

In addition to putting her excellent organisational skills to use for the Women in Tax network, Alexis is also a solicitor in RPC's Tax, Financial Crime and Regulatory team, where she specialises in advising both individuals and corporate clients on a broad range of contentious tax issues involving direct and indirect taxes. Tasneem is a chartered accountant and chartered tax advisor with experience in both practice and industry. Currently, in addition to chairing Women in Tax, Tasneem is responsible for managing all the UK and Ireland tax affairs for L'Oréal. 

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