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How to pass £1m to your children IHT free

From April 2020, changes to the Residence Nil Rate Band could allow parents to pass up to £1,000,000 inheritance tax-free to their children.

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Countdown to contract changes for employers

For a change, something in employment law unrelated to the Coronavirus pandemic!

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COVID-19: IR35 delayed to 6 April 2021

Owing to the spread of the Coronavirus (COVID-19), the Government have opted to delay the controversial IR35 tax reforms, which were due to come into force on 6 April 2020, by one year.

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COVID-19 sick pay and support for businesses and employees

We are living in unprecedented times and following on from Boris Johnson’s announcement on 23 March 2020, the UK is ultimately on lockdown. Karen Cole looks at the options for employees and employers alike.

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Coronavirus and working from home

As a result of Government guidelines following the increasing spread of COVID-19, the UK is now effectively on lockdown.

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Coronavirus: Impact on Employers

Employers who conduct a thorough review of their workplace will be best placed to limit the harm their business may suffer.

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Insight

Change in divorce law looks set to stop the blame game

No fault divorce is likely to be introduced, but professionals say fair deal on asset sharing means mediation must remain top of the agenda

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Safeguarding’s vital when appointing others to act

Increasing numbers of people are taking advantage of a simplified online process to make a Lasting Power of Attorney, which enables others to manage their affairs if they become unable to do so themselves, but alongside there is a surge in reports of abuse by attorneys. “It’s important to get guidance and set safeguards in place when permitting others to manage your affairs.” says private client specialist, James McMullan who explains how the process works and the ways in which you can protect yourself.

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What lies beneath…

If you’re investing in or developing property, be aware that any mines and minerals beneath the surface could be owned by someone else.

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Can you ever be too young to create a Lasting Power of Attorney?

While most Lasting Powers of Attorney (LPAs) are created by older people, mental capacity issues can strike at any age. Anyone can fall foul of an illness or accident which leaves them incapacitated or even in a coma.

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Death and taxes are said to be the two certainties of life…

While we often stop and have a moan about taxes; very little thought is often given to death itself.

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New trade mark rules simplify counterfeit challenges

A branding challenge toppled the golden arches when a small Irish fast food company managed to block the international McDonald's food chain from trademarking the terms Big Mac and Mc throughout Europe.

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