Self-assessment: Paper problems caused tax delay

The UK tax authority has failed to order enough special paper, causing a delay in statements about unpaid tax.

HMRC usually tells people who have to pay their taxes "on account" that they should make two estimated tax payments, one by 31 January and the other by 31 July.

But this year the statements for July have been delayed for some people. HMRC said it underestimated the number of forms printed on special paper - similar to credit card statements - that were required.

For the full story see http://www.bbc.co.uk/news/business-14291641

Maitland & Co. appoint Partners from Withers and PwC Legal

The Lawyer reports:

Private client specialist Maitland has made a double partner hire into its London office.

John Langan joins Maitland after five years as a partner at Withers. He will lead Maitland’s funds team in London and brings experience in advising asset managers on collective investment vehicles for high-net-worth individuals and family offices.

Meanwhile, Hed Amitai also joins Maitland in London as a partner, joining the private client department. Amitai is moving from PricewaterhouseCoopers Legal, where he set up and led the private wealth structuring department.

EY Partner Andrew Tailby-Faulkes joins Barclays Wealth.

Barclays Wealth announced today the appointment of Andrew Tailby-Faulkes as a Managing Director within its Wealth Advisory business. Andrew will report to Rob Withecombe, Head of Wealth Advisory, when he joins in September, and will work closely with Jonathan Burt, Head of Key Clients, who oversees the Wealth Advisory proposition for Ultra-High Net Worth clients.

Andrew will focus on advising current clients and attracting new ones, with a remit including entrepreneurs, private business owners and family offices. The Wealth Advisory business helps clients where specific tax, trusts and insurance considerations are of particular importance, leveraging the relationship with Barclays Capital and Barclays Corporate where necessary.