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Category Archives: Legal Updates
Most people have heard of Inheritance Tax (IHT) and know that it is a tax that is paid when someone dies and passes their assets on to their family and friends. Not everyone is aware how the tax is calculated, how much tax is paid and even whether or not their own estate is likely… Continue Reading
The recent changes to the law on directors’ duties was well publicized. The Companies Act 2006 included a ‘statutory statement’ of duties which, by October 2008, became the basis of the law. The new Act sets out seven duties which are designed to set the old law in stone. In short, these are that directors… Continue Reading
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