Linklaters ;capital markets partner Simon Firth is suing his former tax advisers, Wenham Major Private Clients, for £84,000 in refundable fees.
Firth issued a claim after a tax scheme designed to reduce payable income tax liabilities became ineffective following this year’s Budget.
As a result Firth informed Wenham he would no longer take part in the scheme
and requested an £84,000 refund of fees, as allowed under the agreement.
Firth was informed he would be paid on 1 April, but at the time of filing the claim he had not received any money. This, it is alleged, meant Frith was unable to make a £13,500 payment into his personal pension.
Firth, ;who ;is ;being represented by Linklaters, is also seeking £603.45 in damages for breach of contract, ;deceit ;and negligent misstatement.