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Court of Appeal Rejects Man's Claim to Half Share of Company

Business agreements should always be formally documented, and failing to do so is a recipe for dispute in the future. Recently, the Court of Appeal dismissed a man's appeal against the rejection of his claim that he had been promised a 50 per cent share in...

Income Tax Rates and Allowances for 2026/27

The Income Tax rates and allowances for the 2026/27 tax year are largely unchanged from 2025/26. The Personal Allowance – the amount you can earn before you begin to pay Income Tax – remains at £12,570. It reduces by £1 for every...

New 'Vento' Bands for 2026/27

The Presidents of the Employment Tribunals in England & Wales and Scotland have issued a joint Ninth Addendum, updating earlier Presidential Guidance issued on 5 September 2017, announcing the rates payable for the three bands that are used by Employment...

No Amortisation Deductions for Related Party LLP, Court of Appeal Rules

Where a partnership's members include a company, the company's share of the partnership's profits is calculated as if the partnership's trade was carried on by a company, by virtue of Section 1259 of the Corporation Tax Act 2009 . The Court of Appeal...

The Renters' Rights Act 2025 - Changes for Tenants

From 1 May 2026, changes brought in by the Renters' Rights Act 2025 will provide more rights and better protection to tenants in the private rented sector. Changes introduced by the Act include: The abolition of assured shorthold tenancies. All...
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