Article Category: Insight & Opinion

Commercial property and self invested personal pension plans (SIPPs)

As borrowing remains difficult in the current climate, there is an increasing trend of business owners taking advantage of using commercial property in Self Invested Personal Pension Plans (SIPPs). A SIPP is the ideal way to release capital for a business. By selling a property to your pension fund instead of holding cash in it,… Read more »

Are you keeping hidden assets squirrelled away from your partner?

In a recent report Prudential indicated that 15% of us over the age of 40, living with a partner, keep some or all of their savings hidden from their other halves. Whilst the survey looks at attitudes to holding onto secret savings and not disclosing to a spouse or partner, it is worth bearing in… Read more »

Digital Inheritance – What do you have in Cyberspace?

As a nation we are becoming more “connected” than ever before, with our work and personal lives increasingly lived through smart phones, tablets, social media and online accounts. It is estimated there are £2.3 billion of internet hosted assets such as music, films, subscriptions and accounts currently stashed away online in this digital cloud by… Read more »

Have your say, there’s no need for a tattoo!

More and more people are wanting to make their wishes clear in respect of medical treatment – in the event that they are unexpectedly taken into hospital in an unconscious state and cannot communicate their wishes. In order to make their preferences explicit, some people have resorted to drastic measures, such as the Grandma who… Read more »

Landmark ruling a warning to co-habitees, says family lawyer

A family lawyer at SAS Daniels LLP is urging unmarried couples to make sure they have a written agreement in place before purchasing a property together after a landmark ruling by the Supreme Court yesterday (9 November). The highest court in the UK ruled that Leonard Kernott was entitled to only 10 per cent of… Read more »

Child Support Agency crackdown

A father who has failed to pay child maintenance for his daughter for more than 16 years has had a record-breaking single payment of £108,000 forcibly deducted from his bank account. The father refused to respond to letters and calls from the Child Support Agency (CSA). Investigators used powers which require banks to open up… Read more »

The high cost of dying

A recent survey by Sun Life Financial has been reported in the media that the cost of dying has risen by some £400 in the last year. As mortality rates rise, planning for death is not always at the forefront of people’s minds. However, taking some steps now will considerably ease the burden for those… Read more »

Cohabitants should take precautions

According to Law Society President John Wotton “the law that currently exists for cohabitants is disjointed and grossly inadequate.” Figures released by the Office for National Statistics showed that between 2001 and 2010 the number of opposite sex cohabiting couple families in the UK grew from 2.1m to 2.8m. Of these, 39% have dependent children…. Read more »

Employment law changes in October and beyond

This month sees two important employment law changes that may affect your business.  Please see below for useful guidance together with details on future employment tribunals. National Minimum Wage The first was the annual increase in the national minimum wages rates: 1. Adult rate increased from GBP 5.93 to GBP 6.08 an hour 2. The… Read more »