Tax On Separation: Most Commonly Asked Questions FLiP 12

In this episode of the FLiP podcast we discuss possible tax liabilities that arise between separating couples. FLiP Associate Kara Swift leads the discussion with Sofia Thomas, specialist divorce tax adviser. Kara Swift of Family Law in Partnership advises on all aspects of private family law, supporting a wide range of clients following separation to resolve matters relating to children and financial matters with diligence and care. Kara was named Family Law Young Solicitor of the Year 2019 in the prestigious LexisNexis Family Law Awards. The award recognises a solicitor with under 5 years post qualification experience who has made an outstanding contribution in family law. Sofia Thomas, Director of Thomas Consulting, is a specialist divorce tax adviser. Sofia and her team aim to provide straightforward advice on a range of complex UK tax issues whether that be through expert instruction or single joint expert instruction. Sofia has recently launched Juno Sports Tax, a boutique tax consultancy for professional footballers in the UK.  Juno focuses on providing clear and responsible tax planning and advice for their clients to protect their wealth. For further information: Kara Swift: https://www.flip.co.uk/profiles/kara-swift/ Sofia Thomas: https://thomas-consulting.co.uk/ Juno Sport Tax Advice: https://junosportstax.co.uk/welcome-from-the-ceo-sofia-thomas/ FLiP’s Website: https://www.flip.co.uk/ LinkedIn: https://www.linkedin.com/company/family-law-in-partnership/ Facebook: https://www.facebook.com/familylawinpartnership Twitter: https://twitter.com/FLiPLtd

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Family Law in Partnership is a specialist family law firm who take a unique approach to family law. FLiP balances their exceptional legal expertise with care and compassion, delivering intelligent and creative solutions while carefully managing any emotional impact. Whether you are going through a divorce or making financial arrangements before or after you marry, FLiP will guide you through every turn with expertise and reassurance, always in partnership. FLiP offer unrivalled expertise across all process options, whether that involves going to court, mediation or arbitration, for example, selecting the best process for your particular case, providing first rate legal guidance and clarity around your options. Divorce and separation, whether children are involved or not, can be a distressing and difficult time. FLiP are always looking for better ways to help their clients through the process so they have developed a hub of emotional and practical support to enhance the wellbeing of their clients. And the latest addition to this wellbeing hub is the introduction of this podcast series.