A tax barrister has restructured his way of working and is appealing to buy to let and other property investors as a go-to source of specialised information.
Patrick Cannon - a high profile tax barrister since 2003 - is to operate outside the traditional London Inns of Court which charges high overheads for its premises and protocols.
His new operation, to be called Cannon Chambers, will target property buy to let investors with what promises to be lower fees and what he describes as “geographical flexibility.”
Cannon says: “The model benefits clients, because our specialist barristers can reflect the cost-saving in their client fees. We know that solicitors, accountants, tax advisers and even direct public access clients, often prefer to use a chambers rather than a stand-alone barrister, because they feel that chambers are more supportive and inspire greater confidence. And our business structure means that clients are able to work with the most-suited specialist for them – not just the geographically closest – whilst being able to gain advice within hours, not days.”
Cannon Chambers currently employs a senior clerk and will appoint further clerking staff by the end of 2021, aiming to become the ‘go-to’ service for civil and criminal tax disputes with HMRC. It also specialises in challenges to tax avoidance schemes and action against professional and other advisers who mis-sold aggressive tax avoidance schemes.