Posted in Employment Law
With the Conservative Party having won a majority in the General Election 2019, this has the following implications for employment law reform:
Manifesto commitments
The Conservative Party’s manifesto promised various measures,
Continue readingPosted in Inheritance Tax
The majority of gifts made during a person's life, including gifting away a home, are not subject to tax at the time of the gift. These lifetime transfers are known as 'potentially exempt transfers' or 'PETs'. These gifts or
Continue readingPosted in Income Tax
Income Tax is generally payable on taxable income received by individuals including earnings from employment, earnings from self-employment, pensions income, interest on most savings, dividend income, rental income and trust income. The tax rules for
Continue readingPosted in Value Added Tax
When a VAT registered business issues an invoice to their customer, they must seek to ensure that they charge the correct rate of VAT. Whilst most businesses in the UK charge VAT at the standard rate of 20%, there are a number of different VAT rates
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