6 April 2017 saw big changes to the way in which inheritance tax is applied to a residential property forming part of a deceased person’s estate. The government introduced a new residential nil rate band (RNRB) which starts at £100,000.00 for the 2017/18 tax year and will increase by £25,000.00 each tax year until 2020/21 when it will have reached £175,000.00.
News and Blogs
You might remember when AOL CEO, Tim Armstrong, came under media scrutiny in 2013 for firing an employee in front of around 1,000 staff, which was recorded and leaked. Having to dismiss a member of staff is never a pleasant experience, but there is a best practice you can aspire to and a wealth of online resources to help you.
But first, let’s take a look at the worst approaches to dismissal!
Martin Schneider from Philadelphia was left shocked at the rude and dismissive responses he received to his emails at work, until he realised why.
In danger of being forced into liquidation, the winding up petition (“the Petition”) served upon the football club will now be heard on 20th March at the High Court. As many of you know, the Petition relates to unpaid tax bills.
When a couple divorces, or dissolves their civil partnership, there are lots of different factors to be taken into account when agreeing how to divide up the assets, and business interests and their value form part of these negotiations.
"It's really simple," said Ian, who was four years old. "I just pick her up and turn her so she's walking towards something safe." He was talking about his two-year old sister, whom he'd been tasked with keeping out of trouble. Sure enough, she would walk until she hit a wall, for example, then she'd sit and play with whatever was at hand.
Divorce is a difficult time for most couples – emotions are usually running high, there is inevitably some degree of acrimony, and matters such as child arrangements and the division of assets need to be taken care of. If a couple cannot reach agreement on these matters, it will be for the courts to determine what each party is entitled to.
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You may have seen across social media the female cyclist that was catcalled by a man in a van as she commuted through London. The unnamed female was verbally abused by the man for refusing to hand out her number, the man called out “You on your period?” from outside his van window.
In a challenge to the ruling that only same-sex couples could enter into a civil partnership, Rebecca Steinfeld and Charles Keidan, objected to the "patriarchal baggage of marriage" and wanted to secure legal recognition of their seven year relationship by entering into a civil partnership. They argued that the Government's position on civil partnerships is "incompatible with equality law".
An author wouldn’t write a book without planning it first. A potential employee wouldn’t turn up to a job interview without doing some research on the company. A pregnant woman wouldn’t wait until her child was born before realising that she doesn’t have a place for the baby to sleep. In all walks of life, a well thought out, researched plan is needed to ensure things are done correctly.
The short and most truthful answer to this is…we don’t know! Following the referendum to leave the EU, there is a great deal of uncertainty as to how particular laws will operate since a considerable amount of legislation governing the UK is tied to EU Law.