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Briefing Notes

Charities Briefing Note – The Common Reporting Standard

The Common Reporting Standard (CRS) is a global standard for the automatic exchange of information between the tax authorities of participating countries. It has been designed to prevent individuals and entities using offshore structures to evade tax and has important implications for charities. Some charities, especially those that have a trust structure and receive the […]

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Property e-bulletin – Issue 1

We are very pleased to bring you Druces’ first property e-bulletin. Aimed at a property professional/adviser readership, our intention is to bring you a regular collection of interesting recent property and planning focused news items.  The topics covered will be broad ranging, with each article a bite-sized consideration of some of the sector’s most topical issues. […]

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ICO fines financial brokerage firm £40,000 for sending unsolicited marketing texts

On 19 April 2017, the Information Commissioner’s Office (ICO) fined a finance brokerage firm, Monevo Ltd, £40,000 under section 55A of the Data Protection Act 1998 for sending unsolicited direct marketing texts. This constituted a serious contravention of regulation 22 of the Privacy and Electronic Communications (EC Directive) Regulations 2003 (SI 2003/2426) (PECR). An investigation […]

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Watch out, there is a cyber-thief about!

The National Cyber Security Strategy 2016-2021 outlines the Government’s aim to make the UK secure and resilient to cyber threats and, as part of the review into implementation of this strategy, the government has published the Cyber Security Breaches Survey for 2017. The 2017 study comprised a telephone survey of 1,523 UK businesses, which were […]

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ICO fines 11 charities for misusing donors’ personal data

The Information Commissioner’s Office (ICO) has issued 11 charities with a monetary penalty under section 55A of the Data Protection Act 1998 for misusing donors’ personal data. The ICO investigations found that a number of the charities secretly screened millions of donors so they could target them for additional funds. The charities traced and targeted […]

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Ilot v The Blue Cross – important contentious probate judgment

In a particularly important judgment for contentious probate, The Supreme Court has today (15 March 2017) handed down judgment in the case of Ilot v The Blue Cross.  The Charities’ appeal from the Court of Appeal was unanimously upheld.  A further more detailed update will follow in due course, but the points which have come out of […]

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Landlords and Redevelopers beware!

The effect of the new business rates on statutory compensation All Landlords/Developers of commercial property occupied by a tenant protected by the Landlord & Tenant Act 1954 (a business tenancy) should be considering their budgets in light of the forthcoming business rates revaluation. See the example below as to how this might affect you. Those […]

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Forthcoming changes to UK Immigration Rules in April 2017

The following changes to the business immigration rules are planned to take effect in April this year: Tier 2 salary threshold increases The second stage of minimum annual salary increases announced last year will be implemented from 6 April 2017, raising the threshold from £25,100 to £30,000 for experienced workers. Applicants initially granted leave to […]

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Standby Letters of Credit: The Court’s Approach to Enforcement

On 26 January 2017 the Court of Appeal handed down its Judgment in the case of National Infrastructure Development Company Ltd v Banco Santander SA [2017] EWCA Civ 27. The case provides a useful illustration of the Court of Appeal’s approach to enforcement of standby letters of credit and reconfirmation of the test to be […]

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