Pitt v Holt and Futter v Futter (aka Hastings-Bass revisited) – one up to the Revenue

The story so far. Hastings-Bass, a case decided in 1975, gave life in legal terms to the proposition that should a trustee (or a person acting in a similar capacity such as a Court of Protection deputy) make a decision (otherwise known as “the exercise of a discretionary dispositive power”) with unforeseen but adverse fiscal consequences through, say, [...]

Read more