S2 Episode 1: CGT and the Finance Bill 2022
About this episode
Hosted by: Anita Mehta and Simon Blain
Guests: Rebecca Fisher
Further information
- No gain/no loss treatment extended to three years following the year of separation or date of decree absolute if earlier than 3 years
- No gain/no loss treatment with an unlimited time frame if the assets are subject to a formal divorce agreement (s225B(2)(a) or (b)https://www.legislation.gov.uk/ukpga/1992/12/section/225B – effectively a consent or court order)
- Where A has retained a financial interest in the property they will be able to claim PPR when the property is sold or transferred to a third party. This replaces the current rule under s225B that PPR applies on a transfer from one party to another (that will become redundant with the unlimited time frame if an order)
- For Mesher type arrangements where spouse A transfers to B, B resides and A does not get a share of the sale proceeds until many years later then the disposal date of that later interest for A is deemed to be the date of original transfer on a no gain/no loss basis (at present this is more complex as you may be able to claim PPR for the period of occupation by B but then have potential CGT between end of order and sale).
- The provisions will come into effect on or after 6 April 2023
- Life will be far simpler with much less risk about CGT arising in the context of divorce
- There is more parity on divorce with the other taxes – including SDLT
- There may be some merit in waiting to do a deal if it means you can claim the no gain/no loss treatment post April 2023 – that will be completely dependent upon a number of factors.
- Overall CGT is still an important consideration in the financial settlement – although there is not an immediate charge and cash flow issues – the transferee will still take the asset at base cost and will therefore have that to consider the CGT when they ultimately dispose of the asset(s)
S2 Episode 2: Crypto-Assets
About this episode
Hosted by: Anita Mehta and Simon Blain
Guests: Andrzej Bojarski & James Brockhurst
Listen to Andrzej Bojarski (family barrister) and James Brockhurst (private client lawyer) discuss crypto-assets, including what they are, essential terms, tracing, taxation and division. This episode includes all the information required to understand this form of asset.
S2 Episode 3: View from the Judiciary
About this episode
Hosted by: Anita Mehta and Simon Blain
Guests: HHJ Roberts & HHJ Hess
In this episode we are joined by HHJ Roberts who is the Designated Family Judge at the Central Family Court, and the National Lead Judge for Divorce. Before joining the Bench she was a solicitor, and ran the family department at her firm for 10 years, and HHJ Hess who is the Lead Judge of the London Financial Remedy Court, and the Deputy National Lead Judge of the Financial Remedies Court. He is also Co-Chair of the Pension Advisory Group. Before joining the Bench he practiced at the Bar for 25 years.
They join us for a fascination and wide-ranging discussion about the future for remote hearings, vulnerable witnesses, crypto-assets, the benefit of the change to divorce law, and why we should consider applying for judicial appointment.
S2 Episode 4: Private FDRs
About this episode
Hosted by: Anita Mehta and Simon Blain
Guests: Katharine Landells, Antonia Mee & Sarah Phipps
S2 Episode 5: Parenting after Parting
About this episode
Hosted by: Anita Mehta and Simon Blain
Guests: Adèle Ballantyne, Marcie Shaoul & Claire Colbert
Listen to Marcie Shaoul (Rolling Stone coaching), Claire Colbert (Family Mediation and Mentoring) and Adèle Ballantyne (Eleda Consultancy Limited) from the Parenting After Parting Committee outline their Parenting Through Separation Guide.
This Guide is available to everyone for free at https://resolution.org.uk/wp-content/uploads/2021/05/Parenting-through-separation-guide.pdf, and is written for anyone who has children, and who has separated, or is thinking about separating.
S2 Episode 6: Abduction and its consequences
About this episode
Hosted by: Anita Mehta and Simon Blain
Guests: Michael Edwards, Amy Rowe and Roz Osbourne
Listen to Michael Edwards (a barrister at 4PB), Amy Rowe (a partner at Dawson Cornwell) and Roz Osbourne (the Director of GlobalARRK which is a charity to support the stuck parent and children) discuss the law in respect of child abduction. Amy and Michael take us through recent case law in respect of the defences to return orders under the Hague Convention 1980, and the use of inherent jurisdiction, they share practical and specialist insights about how to approach these summary proceedings.
In the discussion they refer to:
Re B (Children) (Abduction: Consent: Oral Evidence) (Article 13(b)) [2022] EWCA Civ 1171
Re NY (A Child) [2019] UKSC 49
G v G [2020] UKSC 9
Roz invites us to look at abduction cases from a different angle and the impact on the ’stuck parent’. GlobalARRK supports the stuck parent and campaigns for change to the current law and procedure. Follow the link to read their Principles for Change document
https://www.globalarrk.org/policies-principles/
Note, just before the end Michael says ‘abduction’ when he means and is talking about ‘asylum’ – this was just a slip of the tongue.
S2 Episode 7: Surrogacy
About this episode
Hosted by: Anita Mehta and Simon Blain
Guests: Natalie Gamble and Andrew Powell
S2 Episode 8: Economic Abuse
About this episode
Hosted by: Anita Mehta and Simon Blain
Guests: Michael Horton KC and Olivia Piercy
In this episode we discuss the burgeoning jurisprudence around the impact of economic abuse on financial remedy cases with Olivia Piercy (Partner at Hunters Law) and Michael Horton KC (Coram Chambers).
Olivia and Michael discuss the following cases in the episode:
Traharne v Limb [2022] EWFC 27
DP v EP (Conduct: Economic Abuse; Needs) [2023] EWFC 6
DN V UD (Schedule 1, Children Act 1989; Capital Provision) [2021] 2 FLR 497
S2 Episode 9: Public Law
About this episode
Hosted by: Anita Mehta
Guests: Natasha Watson, Caroline Lynch & Hannah Markham KC
S2 Episode 10: All you need to know about appeals
About this episode
Hosted by: Anita Mehta and Simon Blain
Guests: Chris Barnes & Joseph Rainer
In this episode we speak to two keen advocates known for their appellate work; Chris Barnes and Joe Rainer. Chris speaks about appeals in Children Act work and Joe speaks to financial remedy appeals.
We discuss how to evaluate the type of decision – is it an evaluative or discretionary decision, or is it a finding of fact and how this impact on your likelihood of success. This is the speech of Mr Justice Mostyn about that: https://www.judiciary.uk/speech-by-mr-justice-mostyn-to-the-hong-kong-family-law-association/
In the context of the discussion, Joe talks about the decision of HHJ Hess in SC – and -TC [2022] EWFC 67 in respect of a pre-nup: https://caselaw.nationalarchives.gov.uk/ewfc/2022/67
We also discuss the ability of the respondent to put in a written response to an appeal, pursuant to:Jolly v Jay & Anor [2002] EWCA Civ 277 (7th March, 2002): https://www.bailii.org/ew/cases/EWCA/Civ/2002/277.html
Chris mentions that the current case law in respect of costs on appeal in Children Act cases is contained in Re S [2015] UKSC 20 and Re T [2012] UKSC 36: https://www.bailii.org/uk/cases/UKSC/2015/20.html
https://www.bailii.org/uk/cases/UKSC/2012/36.html
Plus we cover when to file a notice of appeal, caulderbanks, when to participate in the permission stage, costs, and procedural issues.If you have an appeal, or a potential appeal on your desk, this is a really helpful episode.