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Monthly Archives: January 2016

For richer, for poorer – why it might pay to get hitched

Is there ever a better time to play cupid than with Valentines Day just around the corner? With the average cost of a wedding in the region of £20,000 – £25,000, it is hard to believe there might be a financial incentive to saying “I do” to your significant other. This briefing note considers 4 […]

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Member’s Voluntary Liquidations – Don’t Delay!

In recent years using a Member’s Voluntary Liquidation (MVL) has been a popular way of members of a company efficiently receiving dividends on a tax efficient basis.  However, forthcoming changes to the law mean that if you have been contemplating an MVL in relation to your business for purposes relating to restructuring, now is the […]

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The International Court of Arbitration introduces new policies

This week the International Court of Arbitration at the International Chamber of Commerce (ICC) announced two new policies aimed at enhancing transparency and efficiency in ICC arbitration proceedings. The first policy relates to the publication of information about ICC cases. For cases registered from 1 January 2016, the ICC Court will now publish information on […]

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The Risks of a DIY Will

Royal National Institute for Deaf People and others v Turner [2015] EWHC 3301 Four charities have won a legal dispute over the right to share a £1.8 million inheritance in a case that highlights the need for proper legal advice when drafting a Will. Summary The High Court has ruled in the favour of four […]

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The Art of Successful Inheritance Tax Planning

Benjamin Franklin said there were only two things certain in life: death and taxes.    No one can avoid the former, but you can minimise the latter creatively, particularly if you own items of artistic, or social or heritage interest to the British nation and are willing to give them to the nation.  Generally, there are […]

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Another reason to lie awake at night

Being a boss of an SME has been likened to a plate juggler having to be constantly alert to what is happening in all parts of the business and ready to take swift action to avoid smashing the company crockery. Managing the business in the ordinary course and dealing with matters as they arise (to quote a former Secretary of State ‘the known […]

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Providing for someone with disabilities after you have died

A very real concern of parents or guardians who have an adult child with disabilities is how to provide for them financially once they themselves have died.  The law surrounding this area can be a bit of a minefield and this article aims to clarify some of the confusion.  Trusts Generally speaking, when providing financial […]

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