Faculty of Doctoral Research
Why it’s always important to “think carefully about your consideration” when selling your business Introduction As a chartered tax advisor, one case that stands out from my years of study is Marren v. Ingles and the curious reference to a “choice in action.” For those interested (?), the dictionary (or legal) definition of a “choice […]
A Durable Power of Attorney (LPA) is the most common form of power of attorney, granting someone legal authority to make financial and medical decisions on your behalf if you lose the ability to manage those matters yourself. It could be an illness or accident that leaves you unable to make critical decisions on a […]
We support our Tax Partner Pro members through our email and reminder service. Here’s a look at some of the most recent questions we answered in June 2024. Q The client has the following income – UK State Pension / UK Self-Employment / UK Rental Income All this will continue – but he plans to […]
Equity release is a good way of giving over 55s the opportunity to release some of the money held in their property without selling it, giving them the freedom to do things they might not otherwise have. -may not have been able to do otherwise. This money could be used to help the family financially, […]
Introduction From 1 April 2024, the Government introduced a new merged R&D tax relief scheme. The aim is to simplify the R&D Tax Incentive Scheme process by introducing a combination of existing enhanced tax reliefs and payable credits for SMEs and the R&D Expenditure Credit (RDEC) for large businesses. The aim of the new regime […]
If you are facing an employment-related legal issue, you are not alone. We understand that dealing with employment law can be a daunting task, whether you are the employer or employee. Unfair dismissal is a statutory right that is important to understand when an employee is abruptly dismissed. Cases resulting in compensation have been falling […]
A PAYE Settlement Agreement (PSA) is an agreement with HM Revenue and Customs (HMRC) that allows employers to pay certain types of tax and National Insurance Contributions (NIC) on behalf of their employees. This can be particularly beneficial for covering benefit obligations that are minor, irregular, or impractical to impose through payroll. Below we have […]
The UK commercial property rental market is expected to prove strong for at least the next five years. The latest figures from Statista forecast rental growth between 2023 and 2027 across all sectors, from industrial and offices to retail, shopping centers and warehouses. Perhaps surprisingly to some, with the increase in working from home, office […]
Employee Ownership Trust (“EOT”) structures remain a popular option for business owners looking to exit their business. There are clear tax benefits for selling shareholders and the opportunity for employees to obtain tax-free cash flow on an annual basis. However, it is easy to get blinded by the upfront tax benefits and lose sight of […]
Conveyancing is the transfer of ownership from one party to another, with one party buying and the other selling. Although buying and selling property may be a simple concept, the process itself can often be more complex. Between December and January last year, according to Compare My Move, there was a 110% increase in the […]
