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Tax Cases: Importance of clear and thorough advice: Leda Pty Ltd & Anor v Weerden (No. 2)


On 10 March 2006 the New South Wales Supreme Court handed down its decision in Leda Pty Ltd & Anor v Weerden (No.2). This case is important for tax advisers as it deals with the duties and responsibilities of professionals advising clients on matters involving complex tax issues. The case highlights the importance of taking sufficient time to give advice, making sure that client is clearly made aware of what matters are the subject of the advice, what matters are excluded from the advice and any qualifications or assumptions relied upon in the advice given.

Author profiles:

Vanessa Ritzinger
Vanessa is a Lawyer in Madgwicks Revenue Group. Current at 01 March 2010 Click here to expand/collapse more articles by Vanessa RITZINGER.
George Kolliou CTA
George Kolliou, FTIA, is Senior Tax Counsel with Logie-Smith Lanyon Lawyers. As well as an expert tax lawyer, George is a qualified accountant, with over 20 years experience as a business tax adviser. He is a sought-after commentator on tax issues, regularly presenting at conferences and writing for professional journals. Current at 13 July 2011 Click here to expand/collapse more articles by George KOLLIOU.
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