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From garage to unicorn – Employment law lessons for scaling tech teams
Catherine Bourne
A key promise in the Conservative Party’s manifesto prior to the last election was an increase in a married couples’ “nil rate band” (the amount they can ultimately pass to their children or others free of inheritance tax ) from £650,000 to £1 million. The Party had picked up on a growing disquiet that the nil rate band hadn’t kept up with house price increases which were pushing more and more families into the inheritance tax net. The standard nil rate band has been capped at £325,000 per person until 2021.
A look at the case of a young widow who faked the will of her late husband.
The government has announced that its controversial plans to increase probate fees by an considerable 12,900% have been shelved. Under the plans, the fee for applying for a grant of probate was to increase from a flat fee of £155 to up to £20,000 on an estate worth over £2 million. Payable before the process of distributing an estate can begin, the increase was set to give rise to significant problems for executors dealing with asset heavy, cash poor estates.
The government’s announcement earlier this year that probate fees were set to increase by an incredible 12,900% from 1 May 2017 has been severely criticised by a parliamentary joint committee.
‘It’s my money! Why isn’t my Deputy listening to me?’ is the title of a talk I am giving at Naidex at the NEC in Birmingham next week. Naidex is Europe's largest trade, professional and consumer show dedicated to the care, rehabilitation and lifestyle of people with a disability or impairment and it takes place between 28-30th March.
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