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Small suppliers to get info on big companies’ payment performance

New regulations designed to help small businesses get paid on time came into force in April, with a requirement for larger companies to publish information about how long they take to pay suppliers.

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Calculating holiday pay – change on the horizon?

In the UK, many employers calculate holiday pay based on basic salary alone – even if an employee usually receives commission. However, a landmark court case seems set to change this.

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House sellers are facing testing questions

Springtime is traditionally the busiest time for the property market, but with a knotty problem affecting more homes than ever, whether you’re buying or selling, it’s worth doing some horticultural homework before you start.

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How to make money from home: rent a room

In 1992 the government introduced the Rent a Room Relief. This allows individuals to make a tax-free income for renting a furnished room in their residential home.

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Gender Pay Gap Reporting

Historically, men have been paid more than women undertaking the same role. In July 2015, former PM David Cameron announced steps to end the gender pay gap in a generation.

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Wealth Tax or Stamp Duty Land Tax?

Many observers of the London property market would have been hoping for a reduction in Stamp Duty Land Tax rates in the UK government's recent budget announcement, but to no avail.

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Insight

What are trustee responsibilities? A guide to key duties and best practices

Trustees' responsibilities encompass a wide range of duties when overseeing a trust estate under their care.

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What is the Employment Rights Bill 2024?

The Employment Rights Bill 2024 marks a pivotal moment in UK employment law, promising the most significant reforms in over three decades. Patrick Simpson, an employment solicitor at West End law firm RIAA Barker Gillette (UK), delves into the key provisions and implications of the Bill for both employers and workers.

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Disclosure against warranties in UK corporate transactions

In UK corporate transactions, disclosure of information is a vital strategy for sellers to shield themselves from warranty claims when selling their shares or business.

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Business First Magazine

Autumn/Winter 2024 Edition

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Non-Disclosure Agreements (NDAs): An Overview

A Non-Disclosure Agreements (NDAs), also known as a Confidentiality Agreement, is a legally binding contract designed to protect confidential information. It is often used in employment or business settings. NDAs ensure that sensitive information remains private by obligating one or both parties to maintain confidentiality.

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How to navigate workplace language and avoid discrimination claims

Fostering a culture of diversity and inclusion is key to a successful organisation.

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