Top Ten Tax & Trust Lawyers
It’s been a busy and challenging year for Boodle Hatfield’s Simon Rylatt – ‘as seems to be the case repeatedly’, he tells Spear’s. He says HMRC has become ‘more challenging, inquisitive and determined’, but it still hasn’t been doing enough to ensure the impact of technology and information exchange is being handled properly.
He has observed a focus on demonstrable governance and compliance – a consequence of new regulatory and statutory requirements, but also driven by clients’ desire to protect their reputations: ‘The focus on transparency and the rationale for it are of course understandable, but the cost of that in terms of privacy is potentially extensive.’
Rylatt has a strong reputation on the contentious side, though he prefers solutions that everybody can live with, drawing from his mature understanding of the emotional and family spheres that surround his clients.
‘I have always been interested in family dynamics, and the challenges and successes for families and their businesses, as well as the technical side of the law,’ he says. ‘It is often, as it should be, the family philosophy and aspiration which dictates the direction of travel for particular projects, rather than the legal or tax consequences of an idea.’