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The recent rumours regarding changes to the CGT rates and the entrepreneurs reliefs created a surge in business sale transactions in the second half of this financial year. Now that the government’s changes have officially been announced, its...
A confidentiality agreement, also known as a non-disclosure agreement (NDA), is a legally binding contract designed to protect sensitive information from being disclosed to unauthorised parties. These agreements are widely used in various business settings...
A partnership agreement is a critical document that outlines the terms and conditions governing a business partnership. This legally binding contract is essential for preventing misunderstandings and disputes between partners by clearly defining roles,...
Navigating the complexities of business structures is essential for any enterprise, and choosing the right formation can significantly impact your success. A limited liability partnership (LLP) is a unique business structure that combines the benefits of...
The Chancellor’s Autumn Statement provided a mixed bag for SMEs. Whilst there were some significant announcements on business rates and taxes that will be broadly welcomed, there were some missing pieces of the puzzle. One of the most acute...
This package of support will be greeted with a collective sigh of relief from many business owners. It offers some respite from the relentless list of challenges they have had to contend with over the past two years. Spiralling energy costs have already...
It is common for businesses to offer shares to senior employees. Gifting shares to employees can be a reward for senior employees who are integral to the success of the business. Clearly businesses who incentivise staff in this manner are more...
There can be a number of reasons a business may choose to restructure. Including the plan to sell the business , merge, grow, develop into new markets, or prepare for a management buy-out. This could mean that part of the business needs to be transferred...
It can take years of hard work to build a successful business, and so exiting that business can be a very difficult decision for an owner to make. For others who have an exit strategy in place finding a buyer may be difficult, particularly in certain...
Following the recent decision by the insolvency service to bring disqualification proceedings against the former directors of children’s charity Keeping Kids Company, the conduct of charitable trustees is more pertinent than ever. Launching as a...
Storm Doris was named on the 21st February as warnings for wind, snow and rain were issued by the Met Office. Overnight and into the morning of the 23rd February, storm Doris underwent explosive cyclogenesis labelling it a ‘weather bomb’. The...
The new year can be a challenging time as the cost of Christmas catches up with us, but for many residential landlords, there is a struggle to collect rent both during the Christmas period and well into the new year. Rents due on the 1 st January and 1 st ...
So-called 'lifetime tenancies' are being phased out by the government under plans to better utilise the UK's limited rented social housing stock. Under the proposals, social landlords - including local authorities - will now only be able to...
As house prices rise and continue to drive up the cost of a rental property, particularly in London and the South East, it is becoming increasingly common for tenants to sublet. If you are a landlord you may find yourself in a situation where your property...
If you’re a residential landlord - or are planning to rent a residential property - take note. New legislation comes into force today (1 October 2015) adding a number of new checks and processes which must be carried out. These changes do not replace...
We are a nation of unashamed chocolate lovers. Last year we Brits consumed more than 600 tonnes of chocolate, with one-in-six indulging every day. Many of us are used to picking up a sweet treat during our lunch hour, looking for the distinctive...
The Court of Appeal has given judgment on three cases dealing with non-compliance and applications for relief of sanctions. The Court heard the cases as a linked appeal in order to provide clarity following the decision in Mitchell. The three appeals were...
The changes to the Civil Procedure Rules brought in as part of the Jackson reforms provide that a cost budget must be filed 7 days before the first Case Management Conference in multi-track litigation, unless the Court orders otherwise. This rule is subject...
Finally the long awaited judgment in the GAME case has been handed down. A group of commercial landlords took action following the collapse of digital game retailer, GAME, to seek payment of rent for the period the administrators had used the various retail...
Presently landlords of commercial premises can use the remedy of distress to recover arrears of rent from tenants. The remedy is powerful in that commercial landlords can instruct bailiffs to seize goods up to the value of the arrears without giving any...
