COVID-19: The relaxation of wrongful trading rules
The Coronavirus has caused many businesses to suffer significantly. Many management teams may feel that they should ‘fight through’, incurring debts and paying outgoings to enable their company to weather the crisis, but may be wary of potential wrongful trading liability.
Veganism as a philosophical belief
Coinciding with Veganuary at the beginning of 2020, the Employment Tribunal ruled that ethical veganism is a “philosophical belief” and protected under the Equality Act 2010.
Setting sale
Getting your business ready for sale is a daunting prospect. Unless you have sold one before, you may not know what to expect. Luckily, there are steps you can take to ensure that you set off on the right foot for a streamlined sale process, with minimal stress and delay.
Overhaul to Capital Gains Tax reporting on residential property for UK residents
If you sell or give away assets like shares or property which is worth more than it was when you acquired it, Capital Gains Tax (CGT) may be due.
Leasehold reform
On 9 January 2020, the Law Commission, published their report on options to reduce premiums payable by flat owners (“tenants”) to their landlords to extend the term of their lease or buy their freehold interest.
Barnaby v Johnson – Why the “kitchen sink” approach can send you down the drain
In Barnaby v Johnson [2019] EWHC 3344 (Ch), the defendant challenged her mother’s Will on four different grounds. This is a risky strategy for success, especially if you are lacking in evidence…