Saving inheritance tax (“IHT”)

The old system It used to be the case that, to use (rather than waste) the nil tax band for IHT (currently the first £325,000 of the estate), a gift of up to the amount of the nil tax band could be “hived off” – either outright to other beneficiaries or to a discretionary trust that could include the surviving spouse, children, grandchildren, etc as potential beneficiaries. The rest of the...
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Feedback for online Q&A

As a follow-up to my earlier post about online Q&A, I thought I’d share some of the feedback that has been left for me – Question Answered? Yes it was and in a way that I could understand Question Answered? Thank you for the prompt and concise reply to my query, it is very much appreciated and I will recommend your service to friends and colleagues Question Answered? Yes, within...
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Online legal Q & A

I have been trying an online legal questions and answers service, the idea being that, by demonstrating my knowledge and helpfulness, I might get a few new clients from this source. I have to say that I plan to cancel my subsciption soon – the sort of people who use this service are the sort who expect free advice and help all the way, and do not want to commit to a normal solicitor-client...
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Limited companies – what information must be given?

Certain information about every limited company must be given on the company’s paperwork (letterheads, invoices, compliments slips, order forms, emails, etc), or displayed at the company’s registered office and places of business.  Different rules apply to websites and electronic trading. Company name The company name must be shown clearly on – •    the outside of the company’s...
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The trials and tribulations of tied pub tenants

If you are thinking of taking on a leasehold pub with a pubco (Punch Taverns, Enterprise Inns, etc) as your landlord, it is well worth watching this video about the problems faces by tied pub tenants first – to make sure you are happy you can cut it
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Managing asbestos risks in business premises

If you are responsible for maintaining all or part of any business premises, you must also manage asbestos in the premises. For leasehold premises, depending on the terms of the lease, this could be the tenant, landlord or managing agent. If maintenance responsibilities are not clearly specified, the legal duty rests with the party which has the greatest degree of control over the premises...
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Latest company update from Nelsons

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