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News

Leases and side letters

Time for a rethink?

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Small suppliers to get info on big companies’ payment performance

New regulations designed to help small businesses get paid on time came into force in April, with a requirement for larger companies to publish information about how long they take to pay suppliers.

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Calculating holiday pay – change on the horizon?

In the UK, many employers calculate holiday pay based on basic salary alone – even if an employee usually receives commission. However, a landmark court case seems set to change this.

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House sellers are facing testing questions

Springtime is traditionally the busiest time for the property market, but with a knotty problem affecting more homes than ever, whether you’re buying or selling, it’s worth doing some horticultural homework before you start.

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How to make money from home: rent a room

In 1992 the government introduced the Rent a Room Relief. This allows individuals to make a tax-free income for renting a furnished room in their residential home.

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Gender Pay Gap Reporting

Historically, men have been paid more than women undertaking the same role. In July 2015, former PM David Cameron announced steps to end the gender pay gap in a generation.

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Insight

Understanding the Roles of Executors and Trustees

When making a will, you place significant trust in those appointed to carry out your wishes. Executors and trustees are key roles, often held by the same people, but their responsibilities differ. Understanding these roles and their obligations helps you make informed decisions when planning your estate or taking on either position.

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Assigning or Subletting a Commercial Lease: What Tenants Need to Know

This article explains the key differences between assignment and subletting, outlines the legal framework in England and Wales, and highlights the practical issues tenants should consider before taking action.

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Completion and post-completion steps in a sale: Final steps for sellers

A guide to completion and post completion steps in a corporate sale including exchange, stamp duty, Companies House filings and key administrative requirements.

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How to protect your brand: A beginner’s guide

Trademark protection for businesses explained, including how to register a trademark in England and Wales and the key steps to protect your brand.

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Inheritance Act claims and letters of wishes: Managing risk in estate planning

This article explains who can bring a claim, the strict time limits involved, and the risks for executors and beneficiaries. It also explores how a carefully drafted Letter of Wishes can provide valuable context, demonstrate intention, and help reduce the likelihood of contentious probate proceedings.

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Transactional documents in a corporate sale: What sellers should know

Once due diligence is complete and terms are agreed, the focus turns to negotiating the transactional documents that underpin a share or asset sale. This guide explains the purpose of the key documents involved in business acquisitions and why careful drafting and negotiation are essential to achieving a smooth, dispute-free completion.

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