Rumour has it, some hackers are approaching businesses with a new excuse to pay out: ‘Our ransom will cost you less than GDPR fines for being hacked’. For businesses trying their best to stay compliant and respect their clients’ privacy, this is terrifying. Below Matt Shepherd, Head of Data Strategy at BBH London, discusses with Lawyer […]
On the back of news that the FCA is planning to publish a review of cryptocurrencies in the third quarter, Jacob Ghanty, Financial Regulatory Partner at Kemp Little, discusses with Lawyer Monthly the FCA’s angle on crypto regulation. The FCA has said in its Business Plan 2018-19 that one of its cross-sector priorities will be […]
Government statistics published for the Annual Tax for Enveloped Dwellings (ATED) show falling numbers of owner occupied properties in corporate structures and an accompanying decrease in tax revenues. The tax was introduced in 2012 to discourage the use of companies to buy properties for owner occupation. It included a 15% slab-style Stamp Duty payment and […]
On the back of Labour's calls for a review of Formula One's tax affairs after the company banked a settlement with HMRC worth £180 million last year, tax lawyer Miles Dean, Managing Partner at Milestone International Tax, explains the fragile relationship between the industry, tax and debt. The tax affairs of F1 and its owner, […]
With the new fiscal year kicking in, this week marks the introduction of some changes. Below Lawyer Monthly hears from Paul Falvey, tax partner at accountancy and business advisory firm BDO LLP, who comments on the pension/auto-enrolments dynamic. As of yesterday, 5 April, many employers will be hit by significant cost increases. Firstly, minimum wage […]
Philip M D Grundy, barrister at St John’s Buildings, with support from Nick Martin, Edward J P Grundy, and Mathew Smith, delves deep into the new Civil liability Bill and what it means for you. It is time for the insurer’s complaints and claimant’s gloating to cease. The Civil Liability Bill was recently introduced into […]
Alison Horner, VAT partner at MHA MacIntyre Hudson, explains the implications of the new HMRC Fulfilment House Due Diligence Scheme (FHDDS), launched on 1 April 2018. “This is a crackdown on certain non-EU businesses which are avoiding VAT regulations and flooding the UK market with cheap, often fraudulent, online goods. This avoidance of the rules […]
It’s unlikely that the UK and European Parliaments, as well as those of the 27 remaining EU member states, will continue to accept May’s continued deferment. Negotiations have progressed thus far by batting key issues down the field, but the field is only so big. So, realistically, how close is the Brexit deadline? This week […]
A significant cyberattack in 2017 brought company-wide disruption for a leading law-firm and raised the question of whether law firms are prepared for a business outage and how would they service clients’ requirements? The Instant Group and Sandpiper Partners conducted a survey to delve into the risk of business continuity for law firms in light […]
New research carried out among more than 2,000 UK adults by SPCE has revealed the challenges faced by university students when attempting to claim back their deposit, finding: 30% of students claim their landlord or lettings agent has unfairly taken money from their tenancy deposit This is nearly double the national average (16%) of Generation Rent who […]
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