Accountant's negligence
Mr Y instructed Lewis-Simler (accountants) to advise him about the funding of a commercial property investment. As a result of the accountant's negligent advice, Mr Y could not offset the interest he paid on the mortgage against the rental income he received, with the result that he paid a lot more tax than he would have been liable for had he been correctly advised. We successfully sued the accountant for the tax that had been unnecessarily paid.