26 February 2010
Directors of AIM companies should be aware that recent changes to the AIM Rules for Companies require annual accounts to disclose details of directors' remuneration.
24 February 2010
London and Paris, the financial centers vying for the lead on Islamic finance business in Europe, need to issue sukuk bonds soon to show commitment and keep competition at bay, experts told Reuters.
23 February 2010
A recent decision by the ECJ held that a worker who was sick whilst on annual leave had the right to take that leave at some other time after his recovery.
17 February 2010
Our Energy and Private Client teams were both short-listed for a Legal Business award.
15 February 2010
With a general election just round the corner, the main political parties have stepped up their campaigns and inevitably these have focussed on the important issues of public spending and tax and how to address the current budget deficit problem of around £175 billion. This looks likely to mean increased rates of personal tax. Click on the link to read more.
15 February 2010
Since the changes to inheritance tax in 2006, advisors have been talking about the advantages of using family partnerships (FPs) as an alternative. FPs are seen to offer many of the same features as trusts, but (crucially) without an immediate 20% inheritance tax (IHT) charge on their creation. However, despite these seeming advantages, progress has been slow and few FPs have actually been created. This article gives a candid view of the benefits and pitfalls of FPs.
15 February 2010
Following some significant teething problems with the new Lasting Powers of Attorney (the replacements for Enduring Powers of Attorney), a new version of the LPA forms became available from 1st October 2009.
15 February 2010
From the beginning of 2010 local authorities will have new powers to ensure that private water supplies provide wholesome water. The main headline for landowners is that failure to comply with notices served by local authorities to undertake work to improve the quality of supply is now a criminal offence.
15 February 2010
If you are a member of a final salary pension scheme and not yet retired, proposed changes from April 2011 could impose penal new tax charges on you. In one case we have seen, the effective tax rate was 230%! For more information read on.
11 February 2010
We recently advised Newbury Racecourse plc on a £6.4m rights issue. Click on the link to read more.