Media reporting on the so-called Panama Papers has focused on the tax affairs of wealthy individuals and international organisations, but the hacking of client files at Panamanian law firm Mossack Fonseca has implications for every business.
In an effort to increase transparency and trust in UK businesses, whilst tackling issues such as tax evasion, money laundering and terrorist financing, the government has introduced a new, compulsory ‘PSC Register’.
Splitting couples are facing a further rise in the cost of divorce with a big increase in court fees, and many are facing up to the challenge of asset-sharing and high property prices by turning to novel solutions to deal with the change.
How will the Budget affect me?
The unexpected introduction of a ‘sugar tax’ on soft drinks in George Osborne’s Spring 2016 Budget drew headlines, but investors and companies have found a range of sweeteners in the Chancellor’s statement.
The National Living Wage has been catching headlines since Chancellor George Osborne announced it last summer, but the Government’s target of £9 per hour by 2020 has overshadowed the detail, and many businesses remain unaware of the transitional deadlines and new penalties now in place.
A leading professional membership organisation representing the interests of alternative dispute resolution (ADR) practitioners worldwide has appointed Verisona Law consultant, David Oliver, to join its Panel of Arbitrators.
In a comprehensive judgment released today, rejecting claims brought by the liquidators of Ralls Builders Limited. Mr Justice Snowden has reviewed the law of wrongful trading and clarified a number of aspects and apparently contradictory decisions that have caused controversy within the insolvency profession for a number of years, including:
According to figures, more than one million company directors are now over the age of 65. Around 428,000 are registered as self-employed and 582,000 businesses are employing directors that are over 65, the current age for retirement in the UK, bringing the total to 1,010,000. In fact, if you are aged over 65 you are twice as likely to be employed as a company director than someone aged under 30, according to the figures.
It’s been a New Year and a new start for Paula Cooke, who has been promoted to the role of ICT Manager at Verisona Law, paving the way for growth and development of the ICT offering at the firm in 2016.