A look back at some of the biggest tax stories from June 2023...

Bhaur v Equity First Trustees 2023 EWCA Civ 534 – Doctrine of Mistake

This is a further example of the limits the courts will apply to exercising equitable jurisdiction to set aside a transaction.

In a unanimous decision, the Court of Appeal upheld the High Court’s prior judgment to refuse a request to set aside a voluntary disposition of assets on the ground of mistake, in the context of a failed inheritance tax (IHT) avoidance scheme.

The scheme was complex, involving various transactions spanning over a decade. S...