The First-tier Tribunal (Tax Chamber) has held that a significant change in business constituted a cessation of one business and the commencement of a second business. Consequently, the taxpayer in this case was able to claim entrepreneurs' relief on the…
Businesses that use flexi-time schemes should take note of a recent EAT judgment that an employee, who was not paid on termination of employment for over 1000 extra hours worked under a flexi-hours scheme, had not suffered an unlawful deduction…
Landlords will welcome the decision in a case concerning the administration of the Game group of companies. The Court of Appeal held that an administrator or liquidator must pay the rent arising in respect of property leased by the insolvent…
The Sentencing Council has published a sentencing guideline for environmental offences which sets out a 12-step sentencing process to punish offenders, prevent reoffending and remove financial gain. The guideline uses turnover as a starting point in the process of setting…
Businesses should be made aware of a number of changes to employment law that will take effect on 6 April 2014. These include: Employment tribunals will be given the power to impose a financial penalty on employers who lose at…
In a case which underlined the special regard that planners must have to the setting of heritage buildings, a local authority has succeeded in its High Court challenge to plans for an 86-metre high wind turbine, which it claimed would…
A businessman who accused the scientist inventors of an innovative and potentially highly lucrative ‘energy from waste’ process of reneging on their agreement to exploit it through his company has failed to convince the High Court that they violated their…
Following a recent First-tier Tribunal (Tax Chamber) decision, owner-managed businesses may need to review arrangements for shifting income from higher rate taxpaying shareholders to their lower rate taxpaying spouses if those arrangements involve dividend waivers. The tribunal held that dividend…
The door appears to have finally slammed shut on a family’s attempt to obtain Business Property Relief (BPR) from Inheritance Tax (IHT) in respect of a property which had been operated as a furnished holiday letting by their late mother…
When a consultant commenced work for a company, her intention was to carry out the work through the medium of a limited company. She delayed forming the company, however, and this led to her first consultancy invoice being sent to…
