When the Labour Government announced changes to Inheritance Tax reliefs in October 2024, they introduced significant reforms to Agricultural Relief (AR) and Business Relief (BR)

When it comes to planning for the future of your business, one important consideration is what will happen to your company when you pass away. If you're a sole director and shareholder, your death could leave your company in a state of limbo, unable to make decisions or continue operations. Without provisions in place, the company may face significant challenges, such as an inability to update the register of members or appoint a new director. This could lead to a halt in business operations and financial difficulties.

The Economic Crime and Corporate Transparency Bill was introduced by the Government as a measure to tackle the increase in money laundering and other financial crime through corporate structures here in the UK. 

The Advertising Standards Agency (ASA) has banned two of HSBC’s adverts on the grounds of misleading advertising and environmental claims.

Business-owners will no doubt be well aware of the potentially valuable relief from Inheritance Tax known as Business Property Relief. Where successfully claimed, BPR can shield the full value of a business from the charge to Inheritance Tax.

Shareholders decisions are decided on by a vote, and in most cases will need a majority of votes in order to be passed. However, some decisions require a higher majority to pass, and it's common for shareholders to come across issues and dilemmas which cause disagreements.

In Competition and Markets Authority v Care UK Health & Social Holdings Ltd and another [2021] EWHC 2088 (Ch), the High Court held that an admission fee for new residents of care homes was not unfair, and that the care homes were neither misleading nor aggressive in relation to it.

When it comes to starting a business one of the most challenging but interesting tasks is choosing the right business name. However, many people don't realise that there are restrictions on what you can name your business.

The relationship between the shareholders had deteriorated and it was agreed that the claimant would sell his shares to the majority shareholder, but they couldn’t agree a price.

If you are starting a business, you will probably want to know which business model is right for you. The way in which you set up your business can have many implications including tax, how you are paid, ownership, how business decisions are made, and the level of administration you may need to do.

As a small business owner you don't just need a will, you need to be sure your business will be able to continue even after the worst happens.