Specialist tax set 11 New Square caters to a prestige client base facing high-stakes VAT issues at courts of all levels. The group additionally advises on a range of non-contentious work, covering issues such as the tax treatment of crypto assets, private equity operations, and advice on potential professional negligence claims against tax advisors. Jonathan Peacock KC is a leading name in VAT, with experience representing clients before the Supreme Court. Hui McCarthy KC is active for both prominent taxpayer clients and HMRC, as in Target Group v HMRC, a matter concerning whether the exemption for financial services applied to loan administration services, which was heard before the Supreme Court. McCarthy KC led Michael Ripley, who has expertise in VAT and SDLT across a broad range of sectors. John Brinsmead-Stockham KC, who made silk in 2023, was recently before the First-tier Tribunal on behalf of HMRC in Boehringer Ingelheim Limited v HMRC, a series of VAT appeals worth in excess of £100m of tax.