Stamp Duty on Commercial Property You may be familiar with Stamp Duty Land Tax (SDLT) being the sting in the tail of any residential property transaction that exceeds certain thresholds, but did you know that SDLT may also be payable by the buyer in commercial...
Including a business in your will Most people will be aware of the need to have a will for their personal affairs, but may not have thought about business wills. Business owners should give thought to their business assets at the same time as any personal matters....
Business LPAs Setting up and running a business can be hard work, and often doesn’t leave much time to think about yourself. But have you thought of what might happen if you are no longer able to make decisions for your company? It can be a good idea to have a Lasting...
Small business succession planning Many small business owners only consider succession planning when they are approaching retirement, or have already made the decision to leave the business. But life is full of unexpected events, good and bad, and having a well...
Even the smallest businesses will need to deal with contracts and agreements on a day to day basis. But what is a contract, and when will an agreement be legally enforceable? Here we answer some of the key questions you should be aware of. What is a contract? A...
If you are starting a business, it is important to consider the pros and cons of different legal structures, and choose the best one for you.
What is a settlement agreement? A settlement agreement (formerly known as a compromise agreement) is commonly used by an employer to seek an employee’s waiver of claim, normally in exchange for financial compensation. They are often used to terminate a contract of...
As an employer, you may have a number of reasons for monitoring your staff. You may track email and internet use, perform spot checks or use CCTV and video surveillance. These may be legal or regulatory requirements in some sectors, and others may use such measures...
What does the end of the Brexit transition period mean for businesses? The UK is the first and, to date, only country to formally leave the EU, after 47 years of membership. Withdrawal took place on 31 January 2020 and the Brexit transition period expires on 31...
Disputes can occur between businesses for a number of reasons, but they often arise as the result of a breach of contract or the failure to pay for goods or services received. There are different ways to deal with a commercial dispute, including informal negotiation,...
Back in May we published an article on how Covid-19 is impacting commercial properties. A great deal has happened since then. In light of a possible second wave, commercial tenants face difficult questions once again. They also face the possibility of not being able...
Redundancy is a type of dismissal from employment. It is different to dismissal due to misconduct or capability. Broadly speaking, redundancy occurs during one of three circumstances: business closure, workplace closure, and diminishing work of a particular kind in a particular place which leads to a business need to reduce the workforce.