Blog
From garage to unicorn – Employment law lessons for scaling tech teams
Catherine Bourne
2 October 2015
Legal update: HMRC’s response to the UK tax treatment of US LLCs after the Supreme Court decision in Anson
In July 2015, the U.K. Supreme Court in Anson v Commissioners for HM Revenue & Customs [2015] UKSC 44 held that a UK resident’s share of the profits in a Delaware limited liability company (“LLC”) qualifies for a UK tax credit under the 2001 Income and Capital Gains Tax Convention between the UK and US (“the Convention”) because the profits that were to be taxed in the UK were the same as those taxed in the US.
28 September 2015
Everything you need to know about recent changes to the UK residential property tax regime
Over the past few years there have been significant changes to the taxation of UK residential property. To those not significantly in the know, navigating through the changes can be complex and difficult so we have provided an outline of the changes and the rules as at September 2015. In particular, we explain those changes that affect the non-UK domiciled purchaser of UK residential property.
20 August 2015
The EU Succession Regulation now in force – how will it affect you?
The EU Succession Regulation (EU 650/2012) (“the Regulation”), known as Brussels IV was introduced with the aim of unifying succession laws across EU member states. For individuals who hold assets in those EU member states who are signed up to the Regulation (“the Regulation Member States”), the default position is that the succession of those assets on death will be governed by the law of the country in which the individual died habitually resident.
22 July 2015
New standards announced for professional and local authority deputies
On 6 July 2015 the Office of the Public Guardian (“OPG”) issued standards of conduct for professional and local authority deputies. The intention to introduce these standards was announced in a report issued by the OPG to Parliament in December 2014 with the aim of setting out what good practice should look like in order to promote good behaviour. This is part of a wider initiative to improve the supervision of court appointed deputies.
16 July 2015
When are you on your deathbed?
What exactly is a ‘deathbed’? That was the question for the Court of Appeal when it was asked to rule on whether or not an elderly lady had made a gift of her house to her nephew.
The case of King v Dubrey and others concerned the rather obscure legal doctrine of donatia mortis causa – which means ‘gift in contemplation of death. In other words, a ‘deathbed gift’.