Shortlisted for Tax Junior of the Year in The Legal 500 UK 2018 Bar Awards.
Marika joined Devereux Chambers in August 2014, from Gray’s Inn Tax Chambers.
Her practice covers all areas of tax law and includes both contentious and non-contentious work. She specialises in all aspects of tax litigation (direct and indirect taxes). She also accepts instructions in the context of commercial litigation, trust and pension disputes, Variation of Trust Act applications and professional negligence cases where tax is involved.
On the advisory side, her clients include UK and international trustees, individuals and businesses. She specialises in advising on how to structure onshore and offshore trusts, farms and businesses; UK and cross-border estate planning; deeds of variation; domicile and the remittance basis; residence of individuals, partnerships and corporates; funds and incentives structuring; unwinding EBTs; disposals of businesses; immunities from tax; property holding structures; taxation of pension; etc.
She writes extensively, teaches tax law (formerly at King’s College London, recently at Cambridge University) and is regularly asked to lecture fellow professionals on various tax topics.
Some recent or notable cases in which she has appeared are:
Marika Lemos has a wide-ranging private client tax practice, which includes advising affluent individuals on both domestic and international taxation matters. Described as "absolutely excellent," she also wins praise for her "practical ability" and "very clear and pragmatic advice." - Tax (Private Client), Chambers High Net Worth 2018
Regularly handles highly complex private client tax matters. She advises on onshore and offshore trusts, UK and cross-border estate planning, foreign domicile and residence issues, tax immunity and pension tax. "She is absolutely charming and has a very good client manner. She is very much in demand and rightly so." "She is very technically strong. She always provides clients with options, looks at the risks and gives very strong practical advice." Appeared for HMRC in a case concerning the definition of ordinary share capital for the purposes of Entrepreneur's Relief. - Tax (Private Client), Chambers UK 2018
Has wide-ranging tax expertise. She tackles advisory mandates and has a growing litigation practice, acting for taxpayers and HMRC. She has appeared in a number of international cases. "Really excellent attention to detail." "Great client manner." - Tax, Chambers UK 2018
"The go-to name for many senior counsel handling private client tax matters." - Tax (Private Client), Legal 500 2017
"Ready and able to fight her corner and advance her submission in a rigorous fashion." - Tax (corporate), Legal 500 2017
"Simply exceptional; her knowledge is second to none." - Tax (VAT), Legal 500 2017
Marika Lemos regularly handles highly complex private client tax matters. A source says she "brings some very sensible and level-headed tax advice." This interviewee reports that "she produced a comprehensive legal opinion coupled with a simple and short explanation. She demonstrates strong technical skills and a very collaborative style." Another commentator says that "she is technically very strong, and practical as well. She provides options and looks at what the risks are." - Tax: Private Client, Chambers High Net Worth 2017
Advises a broad client base, including individuals, trustees and public bodies, on private client tax matters. She is highly experienced in international and offshore trust litigation. "She is absolutely brilliant and extremely nice. She writes a very good letter, which will be technical but very readable and understandable. She provides clear advice in an approachable manner." "Her attention to detail is unbelievably good; if you are missing anything she will bring it to light." - Tax: Private Client, Chambers UK 2017 and Private Wealth: Tax, Chambers Global 2017
Has wide-ranging tax expertise. She tackles advisory mandates and has a growing litigation practice, acting for taxpayers and HMRC. "Very able junior, who is exceptionally good with clients and advisers." Acted for a taxpayer in a dispute with HMRC as to whether the Revenue was out of time to raise a duty assessment. - Tax, Chambers UK 2017
"She speaks with authority in front of clients and the tribunal" - Private client - personal tax, Legal 500 2016
"A real talent and a highly persuasive advocate" - Tax: Corporate and VAT, Legal 500 2016
Marika Lemos of Devereux "is an extraordinarily good lawyer, who is exceptionally thorough and leaves no stone unturned. She has phenomenal innate judgement and never bends answers to suit what you would like to hear. She offers fantastic analysis and has an eye for detail," comments a market source. With a practice that covers all of private client tax work, Lemos has developed a considerable reputation in the field. Her work spans across the UK and internationally, in which she acts for individuals, corporates, trustees and governments. An interviewee praises her "calm and relaxed" approach which has made her "very popular with clients." She is also praised as "very bright and a very good linguist" and commended for her "extremely good" and "very well-prepared" appearances in courts. - Tax: Private Client, Chambers HNW 2016
Has an extensive practice and is noted for her strong grasp of a wide range of technical tax issues. She demonstrates notable expertise in private client matters, particularly those involving inheritance and capital gains tax. "Very impressive. She works very hard and collaboratively with solicitors." Acted for the Revenue in CC&C v HMRC, and application for mandatory relief against HMRC. - Tax, Chambers UK 2016
Acts on private tax matters for a wide range of clients, advising them on issues relating to residency and domicile status as well as inter-governmental agreements. She also acts on more contentious cases, often in the context of pensions, trusts or HMRC disputes. "She is an extraordinarily good lawyer, who is exceptionally thorough and leaves no stone unturned. She has phenomenal innate judgement and never bends answers to suit what you would like to hear. She offers fantastic analysis and has an eye for detail." Advised a titled individual on the first domicile appeal case since Gaines-Cooper in 2011. - Tax: Private Client, Chambers UK 2016 and Chambers Global 2016
"Impressive breadth of knowledge on CGT and IHT matters, which is reflected in her helpful advice." - Private Client: Personal Tax, Legal 500 2015
Has a wide-ranging practice, but is particularly noted for her advice on offshore tax planning issues, particularly those involving trusts, and tax issues relating to pensions. Also a noted expert on tax avoidance schemes and tax as it interacts with human rights law. Expertise: "Very, very good and thorough." Recent work: She acted in a case involving EU elements considering whether exit charges on a migration of a settlement impede EC treaty freedoms. - Tax, Chambers UK 2015
Acts for private clients in both an advisory and litigation capacity. Her matters often include a broad range of issues including, but not limited to, the structuring of onshore and offshore trusts, inheritance relief, pension planning and questions of client domicile status. Expertise: "She continues to really impress, especially on the tax/pensions crossover - she really understands how they fit together." Recent work: She was involved in a protracted case concerning Business Assets Taper Relief that recently settled. - Private Client, Chambers UK 2015 and Chambers Global 2015
"Shows great knowledge of her subject and tenacity" - Legal 500 2014
Devereux Chambers’ Marika Lemos is a tax "expert" who regularly advises UK and international trustees and individuals in their trust structuring and cross-border estate planning. – Private Client, Who’s Who Legal 2015
"Works effectively with clients’, and is noted for combining tax and pensions issues ‘brilliantly". - Legal 500
Ranked in Band 3 for Tax: Private Client: "Represents both domestic and international clients with regard to onshore and offshore trust structuring." She regularly handles non-domicile issues relating to non-UK residents and their property: "A very able junior who is exceptionally good with clients and advisers." - Chambers UK
Ranked in Band 2 for Tax: “Has an excellent reputation among clients for handling complex pensions-related tax matters. She has a broad tax practice which also incorporates human rights and avoidance scheme issues." "What's quite outstanding about her is that she covers the very difficult crossover between the two disciplines of pensions and tax." She was involved in a multimillion-pound claim surrounding the availability of Business Assets Taper Relief. - Chambers UK
Private Client: Personal Tax: "Others to impress this year include Marika Lemos. She has participated in a number of important tax cases, and has also advised high-profile clients on matters relating to inheritance tax and capital gains tax." - Chambers UK
Ranked a ‘leading junior’ for Private Client: Personal Tax; "exceptionally thorough, competent, and client-friendly" - Legal 500
Tax: Private Client: "Marika Lemos has an outstanding reputation for onshore and offshore trusts work, acting for various high net worth individuals. She handles both advisory and trial work and is credited for her 'solid mastery of tax law'." - Chambers UK
Tax: Corporate and VAT "Offshore expert Marika Lemos gives 'clear and practical advice'" - Legal 500
Marika is a member of the panel of the Bar Pro Bono Unit. She accepts referrals from tax charities and the Bar Pro Bono Unit on all tax matters.
Her pro bono work includes successfully defending taxpayers in bankruptcy proceedings in the High Court against HMRC and, more recently, representing an impecunious taxpayer in his appeal against a c.£6 million charge to excise duty.
She is also a FRU representative, mostly representing clients in social security appeals.
She was nominated for the Bar Pro Bono Award 2013
VAT Practitioners’ Group
Revenue Bar Association
Chancery Bar Association
International Fiscal Association
Appointed to the Attorney General's Panel of Counsel (C Panel)
Editorial Consultant for the Journal of International Tax, Trust and Corporate Planning
Consulting Editor on Lexis PSL Private Client Consulting Editorial Board
Nominated for the Bar Pro Bono Award 2013
2007-2009: King’s College London - LLM in Tax Law (part-time over 2 years)
2004-2005: Stage at the European Commission’s DG-TAXUD gaining first-hand experience of legislating from the European perspective
2001-2002: Inns of Court School of Law - Bar Vocational Course
2000-2001: City University, London - Post Graduate Diploma in Law
1995-1998: Cambridge University (St John’s College) - MA Hons: Modern and Medieval Languages
Author of 5th and 6th Editions of McCutcheon on Inheritance Tax (with Withers LLP and Aparna Nathan) (Sweet & Maxwell)
UK National Report on Residence of Individuals under Tax Treaties and EC Law (IBFD)
Principal Editor of Whiteman and Sherry on Capital Gains Tax (Sweet & Maxwell)
Contributor to Tolley’s Property Taxation 2007-08; 2008-09; 2009-10 (Lexis Nexis)
Contributor to Tax Planning: International & Specialist 2008-09 (CCH)
Contributor to De Voil Indirect Tax Service (Customs Duties - 2008) (Butterworths – Lexis Nexis)
Marika has also written articles for a number of other publications, including: Private Client Business; Tax Journal; Taxation; Gray’s Inn Tax Chambers Review; etc
Greek, French, German and Italian (the first two fluently)