How will the Budget affect your business?
The Chancellor of the Exchequer delivered his Budget statement on 22nd June 2010.
Employers
The Budget announces the following measures for employers:
National Insurance Contributions
* Cutting national insurance making it cheaper for companies to employ people. The threshold at which employers start to pay National Insurance will be [...]
Once Known Never Forgotten
When a Trust comes to an end the Trustees have to pay off creditors and their own administration costs and thereafter pay any assets to the beneficiaries according to the terms of the Trust.
However there can be situations when Trustees are not aware of beneficiaries and/or creditors. In order [...]
Congratulations go to Jane Hillyer from our Employment team who managed to complete the London Marathon in an impressive 4 hours and 21 minutes and 6 seconds. She has managed to raise over £2000 for Claire House and we are very proud of her. Well done Jane!
The Highway Authority’s Duty of Care… to speeding motorists
The case of Russell v West Sussex CC makes it clear that a Highway Authority must maintain the highway so as it free of dangers for ALL users. The relying on the test set out by Sachs LJ in Rider v Rider, the Court held that the [...]
Case Law Update –Enviroco Limited v Sartad Supply A/S –The meaning of “Subsidiary”
Considered by many as a shock decision, the Court of Appeal have handed down Judgment on the meaning of a subsidiary under sections 736 and 736A of the Companies Act 1985 (now section 1159 of the Companies Act 2006).
Facts
The case was concerned about [...]
Warning – Even long outstanding rent reviews can be actioned
The case of Bello v Ideal View provides a stark reminder that rent review provisions can still be exercised by a Landlord even after a very long delay.
Facts
The case relates to a 50 year Lease with the provision for a rent review at year 25 (exercisable [...]
CHANGES TO SMALL BUSINESS RELIEF IN WALES FROM 1st APRIL 2010
SBR can provide certain businesses with a welcome reduction in their rates. Currently, SBR of:
• 50% is available for non-domestic properties with a rateable value of not more than £2,000.
• 25% is available for non-domestic properties with a rateable value of not more than £6,500.
• 25% is available [...]
Apple sues mobile phone giant HTC over iPhone patents
Apple is suing Taiwanese mobile phone manufacturer HTC, claiming it has infringed 20 patents relating to “the iPhone’s user interface, underlying architecture and hardware”.
The key element believed to have triggered the lawsuit is that HTC released handsets in February which used ‘pinch to zoom’ functionality resembling that [...]
The Duty to Mitigate
The Court of Appeal recently considered an innocent party’s duty to mitigate its loss and confirmed that it was for a party in breach of contract to demonstrate that there has been a failure to mitigate but that the duty to mitigate was not a demanding one.
Lombard North Central Plc [...]
Labour has pledged not to introduce a compulsory ‘death tax’ to help pay for long-term elderly care for at least five years.
Unveiling the White Paper on social care, Health Secretary Andy Burnham siad the plan would be delyed until at least 2015. He insisted government was undertaking a ‘massive reform’ and played down Mr darling’s [...]
