When ‘ambulance chasers’ misrepresent court judgments
When ‘ambulance chasers’ misrepresent court judgments
Court and tribunal judgments are often lengthy, technical and carefully balanced. That creates an opportunity for anyone with a commercial interest to select the passages which support their preferred narrative, play down those which do not and still present the result as an “independent review”.
A judgment can be misrepresented without a single sentence being fabricated. The strongest favourable findings are buried, every unresolved issue is moved to the foreground and worried readers are then invited to book a discovery call or request a paid proposal.
In my view, that is professional ambulance chasing.
I believe we are now seeing precisely this following Property118’s successful First-tier Tribunal appeal against HMRC.
Some commentary has focused heavily on the fact that the Tribunal was not asked to decide every Property118 client’s individual tax position. That is true, and Property118 has never suggested otherwise.
What is being given far less prominence is what the Tribunal did decide.
After a ten-day hearing, Property118 and Cotswold Barristers succeeded in defeating every DOTAS description relied upon by HMRC. The Tribunal also found that tax was not the main purpose of the arrangements, accepted the genuine refinancing constraints faced by landlords and recognised the commercial purpose of preserving access to capital accumulated within their businesses.
Most strikingly, after examining the Capital Account Restructure in detail, the Tribunal concluded at paragraph 185 that there was “nothing unusual or contrived” about the relevant steps.
Those are not minor observations which can fairly be relegated to the small print while affected clients are told why they should remain anxious.
Landlords are, of course, entitled to obtain independent professional advice. Property118 has always encouraged clients to involve their own accountants and solicitors when making important decisions.
What clients should question is whether they are reading genuinely balanced analysis or a disguised advertisement designed to unsettle them sufficiently to buy another opinion.
I have now published a detailed response explaining the seven findings in the Property118 Tribunal judgment which some critics seem remarkably reluctant to discuss.
Read: Seven findings in the Property118 Tribunal judgment critics seem reluctant to discuss


