Blogs
‘With great power comes great responsibility’ – a directors duties
Directors, or officers of the company as they are otherwise known, are as important as the shareholders of a company, if not more so. They are responsible for the day-to-day management of the company, and collectively make important decisions at board meetings. They...
What is a remortgage and how does it work?
What is a remortgage? A remortgage is when you obtain finance for your property to pay off your current mortgage which then replaces it. This can be very useful if your mortgage started with a fixed rate period and that has now come to an end. While we cannot assist...
The last thing you want to think about is Capital Gains Tax
Divorce. One of the most stressful times in our lives. Dealing with what’ll happen to the house, what’ll happen to the children… The last thing anyone wants to think about (even at the best of times) is tax. Capital Gains Tax to be specific, or CGT for short....
Reap what you sow. Inheritance tax planning for farms
Agricultural property relief or APR as it is known, is available on land or pasture used to rear animals or grow crops, and other buildings used for agricultural purposes. APR doesn’t apply to plant and machinery, livestock, crops and unused farm buildings. One...
Protecting yourself from property fraud
The BBC recently reported that HM Land Registry has paid almost £7m from their indemnity fund to victims of property fraud in the 2021-22 year. This is a significant increase from the previous year, where approximately £5.44m was paid. Unfortunately, this indicates...
Enhancing Corporate Transparency: The Economic Crime and Corporate Transparency Bill
Upcoming changes to Companies House The Economic Crime and Corporate Transparency Bill, which will come into force in due course, is set to make the ownership of small to medium-sized, limited companies more transparent and improve the accuracy of the company...
Are you expecting, adopting or already have children?
Making a Will whilst expecting or adopting is most likely the last item on your list to check off. However, if you are a parent to be or already have children, then it is an important time as ever to have a Will prepared to ensure your children are protected...
She said maybe…
She said maybe! In the old days, couples living together without being married were often referred to as ‘living in sin’. Fortunately, those days are gone, and many couples now make a conscious choice not to marry or to at the very least not rush into it. There...
What is administrative receivership?
What is administrative receivership? When a company borrows money from a bank, they will usually be required to sign a debenture providing the bank with a charge over the freehold property and all other assets of the company, thus providing security for...