Most forms of tax relief or exemption have an upper limit, such as the income tax personal allowance. However, Gifts out of income have no upper monetary limit and are exempt from IHT subject to certain conditions. What are “Gifts Out of...
What is intellectual property? Intellectual property refers to creations of the mind. Having the right type of intellectual property protection can prevent others from stealing or copying your inventions and creations; such as the name, design or look of your...
What is a Shareholders’ Agreement? It is common for shareholders of a company to enter into a written agreement with one another which will govern how they will behave in relation to their company. This is known as a Shareholders’ Agreement. The company itself...
As of writing, over 10 million people in the UK have received a first dose of the coronavirus vaccine. For some, this shows that some sense of normality may return to the workplace in the not-too-distant future. But can an employer require his employees to be...
The day-to-day management of a company is typically carried out by the appointed directors. These individuals exercise all powers of the company and make decisions at meetings of the board of the directors. Shareholders do not necessarily have any direct...
Inheritance Tax is a tax on the estate (the property, money and possessions) of someone who’s died. Married couples can, with proper planning, pass on up to £1m tax free, but many with personal wealth above this amount are voluntarily paying over the odds by failing...
