Business Property Relief (BPR) provides relief from inheritance tax on the transfer of relevant business assets. It was established to provide the UK’s SME sector with some protection in the event of the death of the principal business owner. It aims to help businesses and beneficiaries to continue trading when faced with an inheritance tax… Read more »
The Coronavirus has forced businesses to adapt to a new way of working and, as a result, companies are forced to review their current contracts and reorganise the way in which they do business in order to save costs where possible. We have seen an increase in the number of queries surrounding terminating a commercial… Read more »
On 31st October 2020, the Government announced that, despite localised tier systems being in place, new COVID-19 cases were on the rise again and therefore a new national lockdown restrictions (‘Lockdown 2’) will be put in place starting from 5th November 2020 until 2nd December 2020. After 2nd December, the Government will conduct a review… Read more »
As COVID-19 continues to impact the ability for individuals and businesses to work and sign documents, the Land Registry has introduced further changes to allow conveyancing Deeds to be executed using electronic signatures rather than in person. In order to register a “disposition” at the Land Registry, you are required to submit a copy of… Read more »
Businesses have faced numerous challenges throughout the pandemic. As cases continue to rise, it is important that employers are aware of the different ways to managing sickness absence during COVID-19. Our experts have collated 5 top tips to help and guide employers. Absence Policy All employers should have an absence policy. Employees should be familiar… Read more »
The Government has announced the creation of the Job Support Scheme (JSS), divided into JSS Open and JSS Closed, to protect jobs in businesses that may face lower demand over winter due to the impact of COVID-19. The hope is that employers will utilise the scheme as an alternative to making redundancies, so that businesses… Read more »
All sectors have been impacted by COVID-19 in one way or another, not least the farming industry. This comes at a time where there is already much reform and changes to farming occurring, including the Basic Payment Scheme (BPS), a system of rural grants and payments that provide help to the farming industry. What Changes… Read more »
Q&A: My father has recently passed and I am the executor of his estate. He had a lot of personal effects, which my relatives are squabbling over. What should I do? These personal effects are called chattels. As executor, it is your duty to collect his personal effects and distribute them to the beneficiaries of the Will…. Read more »
A Non-Disclosure Agreement (NDA) is frequently used to protect confidential information being revealed either publically or, in the commercial sense, to a competitor. These agreements, between employer and employee, will stipulate what information must remain confidential and under what, if any, circumstances the information can be used or disclosed. Non-Disclosure Agreement and Employment Contracts A… Read more »
Recently, it was announced that the Autumn Budget would be cancelled as the government explained that they had taken the view that “now was not the right time to outline long-term plans given the ongoing COVID-19 pandemic”. Prior to this, it had been expected that the Chancellor would announce changes to the rates of capital… Read more »
