Research & Development (“R&D”) Relief is a relief which may reduce your Corporation Tax liability. The Relief can only be claimed if your company is liable for Corporation Tax. Since its UK launch in 2000 until 2012-13 there have been 100,000 claims made for R&D Relief with a claim value of £9.5 billion and is increasing yearly. […]
Ashfords LLP Advising Schlumberger Oilfield UK PLC On its Investment In BISN Holdings Limited December 2014 Schlumberger is the world’s leading oilfield services provider . Schlumberger employs approximately 126,000 people representing more than 140 nationalities working in more than 85 countries Ashfords LLP
The idea of “protected conversations” is to allow employers to enter into off-the-record conversations with a view to agreeing the exit of an employee. There are exceptions to the rules surrounding protected conversations though, warns employment partner David Malamatenios in his article ‘Why “protected conversations” are not always protected’ featured in Employers Law and Personnel […]
On 15th November 2014, I attended the National JCI Conference dinner at the Museum of London Docklands. During the day, Catherine Gannon held a question and answer session on “So you think you can be an entrepreneur?” it was attended by London’s budding entrepreneurs. During the year, I was involved in a team that worked […]
Current Position The current law regarding Pre Nuptial and Post Nuptial Agreements (collectively known as Nuptial Agreements) has been clarified following a high profile case in the Supreme Court involving a wealthy German heiress and her husband, who is a French millionaire; Radmacher v Granatino [2010] UKSC 42. In this case, the Supreme Court confirmed that […]
Imagine a situation where your employers have given you a juicy bonus, but have drafted in a clawback provision which states that in certain circumstances you will have to repay some or even the entire bonus. You may be shocked to learn that prior to the recent decision of HMRC v Julian Martin [2014] UKUT 0429 ( […]
Almost two thirds of small businesses are predicting business growth in 2015, according to a survey by the Federation of Small Businesses (FSB). The FSB members’ survey found that 62% of respondents are optimistic that their business will grow over the next 12 months. The Q4 2014 survey of almost 1,800 small firms found that: […]
More than a third of people who have checked their credit report in the last 2 years have found errors, research by uSwitch has found. A credit report summarises a person’s financial history and is used by credit providers to determine their creditworthiness. The survey of more than 2,000 people found that 38% have found […]
As outlined in the Chancellor George Osborne’s 2014 Autumn Statement, major changes to the way stamp duty land tax (SDLT) is charged on residential property purchases in England and Wales are now in effect. From 00:00 on Thursday 4 December 2014, SDLT is charged at different rates depending on the portion of the purchase price […]
More than two fifths of savers have made unplanned withdrawals in the last 12 months, according to a survey by Prudential. The survey of more than 2,000 people with savings and investments reveals that 43% have withdrawn money from their savings in the past year. However, 18% admit that they would not have withdrawn their […]
VAT Mini One Stop Shop – Supply of Digital Service There are some major changes set to be made to the way VAT is accounted for businesses supplying ‘digital services’ to non-business customers within the EU. Currently, the place of supply is determined by the location of the supplier of the services. From 1 January […]
Ashfords LLP – London Advised on the sale of Lexington Catering Limited to Elior UK Holdings Limited Ashfords LLP