George Rowell

Call 2004

rowell@exchangechambers.co.uk

“George is clear and confident in his advice both verbally and in writing. He knows his stuff!”

The Legal 500 2021
Photo of George Rowell

Professional Negligence

George is a commercial barrister specialising in tax disputes, professional negligence and insolvency. Although he has experience across the range of professional negligence work, he has a particular interest in tax-related professional negligence claims. As he understands the tax law underlying such claims, he is able to take points on breach of duty, causation, loss and mitigation which might not occur to other professional negligence lawyers.

George has experience of professional negligence claims against:

  • Accountants
  • Auditors
  • Chartered tax advisors
  • Independent financial advisors
  • Solicitors
  • Surveyors

George has been rated as a Leading Junior in Chambers & Partners and Legal 500. Chambers & Partners says: “George provided detailed yet considered advice in relation to complex arrangements being scrutinised by HMRC” and “George was most approachable and worked with us in developing the strategy to defend the arrangements and seek settlement.”; Legal 500 says he is: “practical, pragmatic and puts clients at ease, excellent at tax and developing a specialism in professional negligence in tax-related cases.” (see Recommendations for details).

Professional Negligence Cases

  • Accountants – negligent conduct of a HMRC enquiry, resulting in £1.4 million in unnecessary tax and penalty liabilities
  • Accountants – failure to advise on VAT liability, resulting in a £400,000 assessment with penalties.
  • Accountants and tax advisers – £2m+ claim for failed EBT tax avoidance scheme (with leader).
  • Accountants and tax advisers – £6m+ claim arising from failed tax avoidance schemes used by building company with £20m turnover (with leader).
  • Accountants and CTAs – recommending investment in high-risk ‘film scheme’, which led to tax and NIC assessments and commercial liabilities to third parties.
  • Auditors – negligent conduct of audit of restaurant chain, resulting in unnecessary VAT liabilities.
  • IFA – failure to give tax advice relating to pension arrangements
  • Solicitors – under-declaration of inheritance tax liability, resulting in penalties
  • Trade union – ten-handed claim for defective legal advice.