In the Autumn Budget 2024 Rachel Reeves, our first female Chancellor of the Exchequer, set out arguably the biggest tax changes for a generation, set to raise taxes by £41bn by 2029/30 and said to be part of the Government’s plan to revitalise Britain. This article summarises the key reforms of the Budget, highlighting those which may be of particular relevance to financial remedy practitioners and their clients.
!01/11/2024 14:58
The obligation on parties to negotiate openly and reasonably within financial remedy proceedings – and the consequences of not doing so – are well known. They were perhaps set out most clearly in OG v AG [2021] 1 FLR 1105 per Mostyn J.
!04/11/2024 09:19
Final order of Moor J in financial remedy proceedings involving a husband who had continually breached court orders, failed to attend hearings, and provided unreliable and ‘demonstrably untrue’ evidence.
HHJ Vincent. Preliminary hearing to determine whether parties should be held to a separation agreement. Agreement found to be ‘presumptively dispositive’. An agreement will not be unpicked merely because a business has thereafter performed well.
Henke J ordered the husband to pay the wife’s costs assessed on a standard basis following his ‘hopeless appeal’. In response to the husband’s plea that he should be treated as a litigant-in-person and he did not understand the Family Procedure Rules, Henke J was emphatic that litigants in person are expected to comply with the procedural rules as much as represented parties.
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