The UK Government has introduced new laws that it says will protect company directors from identity fraud and personal harm.
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The collapse of Carillion has led the Federation of Small Businesses (FSB) to call into question the effectiveness of the Prompt Payment Code (PPC) and raise the need for urgent reform to successfully tackle the UK’s late payment epidemic.
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City living is becoming increasingly unaffordable across the UK, according to new research by Lloyds Bank.
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The Chancellor of the Exchequer, Philip Hammond, has apparently written to the Office of Tax Simplification (OTS) to request that it carry out a review of Inheritance Tax (IHT) in the UK.
from Latest blog entries https://www.adamslaw.co.uk/new/wills-and-probate/chancellor-inheritance-tax-review.html
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A new report from the Resolution Foundation has revealed millennials are in line to receive the largest and most wide-reaching ‘inheritance boom’ of any post-war generation. However, this won’t come in time to solve their home ownership and wealth inequality woes.
from Latest blog entries https://www.adamslaw.co.uk/new/wills-and-probate/millennials-receive-inheritance-boom.html
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New research by insolvency and restructuring trade body R3 has revealed a fall in the number of so-called ‘zombie’ businesses in the UK, and also in the number of companies reporting signs of distress.
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At the end of last year, the Government announced the launch of the complaint handling service of the Small Business Commissioner to ensure fair payment practices for small businesses.
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The news that HMRC is projected to receive more inheritance tax (IHT) than initially forecast over the next five years should ring alarm bells for people with estates that are likely to be valued over the IHT threshold. IHT planning should now be a fundamental part of estate planning for everyone in this situation.
from Latest blog entries https://www.adamslaw.co.uk/new/wills-and-probate/inheritance-tax-projections-increase.html
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The Financial Reporting Council (FRC) has launched a consultation over proposed changes to the UK Corporate Governance Code. These changes are apparently based on the findings of the Culture Report published by the FRC in 2016.
from Latest blog entries https://www.adamslaw.co.uk/new/company-and-commercial-law/revised-corporate-governance-proposals.html
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