Is Entrepreneurs Relief in the Emergency Room?

Next week is likely to be very interesting. The Budget will be delivered by Rishi Sunak for the first time on the 11th of March and it likely that business owners and their advisers will be watching with more than a passing interest. It should be remembered that the Government made a significant number of […]

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Shareholder Agreements – Part I

“Does a business have to close if a shareholder dies?”   Very few small companies LLPs and Partnerships are well placed to deal with the death of one of the stakeholders. Only a small minority of owners have considered what might happen in that situation. However, despite a potentially insurable event having occurred few are […]

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The return of the Crown Preference: Why now?

As if business hasn’t got enough on its plate right now what with Brexit and related challenges the Government is intent from April 2020 on reintroducing the Crown Preference for some of the taxes owed to it. 17 years ago, as a result of the Enterprise Act 2003 the Government of the day removed the […]

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Notary Lawyer

I need a Notary but why can’t I use a solicitor? A Notary is a qualified lawyer – a member of oldest branch of the legal profession in England and Wales. Notaries are appointed by the Court of Faculties of the Archbishop of Canterbury and are subject to regulation by the Master of the Faculties. […]

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Directorship is not a status…..

Directorship is not a Status – it is a responsibility!   There are many things that you start doing when you turn 16 such as consuming alcohol that has been bought for you by someone over the age of 18. Perhaps more pertinently to this article you can at your 16th birthday become a director […]

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IFA Client Bank Sales

‘Why Spend years building it up to simply throw it away at the end!’ Five salutary tales of Client Bank sales   A Buyer purchasing a client bank was so desperate to make the numbers work and to conclude the purchase that they decided to make a once and for all payment to the seller […]

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What data protection issues should I consider before doing M&A?

Why is it important? The significant fines that can be incurred under the General Data Protection Regulation (2016/679/EU) (GDPR) has brought data protection high on the list of considerations before undertaking M&A activity, whether as a seller or buyer. Non-compliance can incur fines as large as €20 million or 4% of the previous year’s global […]

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Top 8 New Year Legal Resolutions

To get your company house in order, here are the top 8 New Year Legal Resolutions to think about: Have a shareholder agreement in place You may have good intentions with your fellow shareholders when the company is set up at the start, however relationships can turn sour and there are many occasions when shareholders […]

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