Legal Sector News

Change of use – what’s the process?

In a perfect world, you would be able to convert a commercial property from one type of business to another without having to jump through too many hoops or get tangled up in too much red tape. Unfortunately, though, this world is far from perfect, and a change of use can involve a surprising amount...

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Change in divorce law looks set to stop the blame game

The news that no-fault divorce is likely to become law has been welcomed, but while the legislation waits for its place in the parliamentary calendar, families must continue to deal with one party being ‘blamed’ for the breakup or wait for the change in the law. And with the parliamentary calendar full of another divorce...

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A hike in probate fees may be on the cards from April

In February, the proposal to change the fees charged by the Probate Registry when applying for a Grant of Probate (or equivalent) to an estate when someone has died went before the Delegated Legislation Committee and were narrowly approved.  The increased charges are likely to come into effect in April 2019 and will result in the...

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Why do you need a shareholders agreement?

In an ideal world everyone in business would get along. There would be no disagreements between owners and everyone involved would have the same vision for the future of the company. Unfortunately, we do not live in an ideal world. That is why a shareholders agreement is essential for companies with multiple shareholders. It could...

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Soaring fees set deadline for executors and estate planning

Controversial court fees which have been branded a stealth tax on bereaved families are expected to prompt a surge in probate applications before the hike hits. The new banded fee structure will see the cost of probate soar by thousands of pounds for higher value estates.   The current flat fee is £215 for a personal...

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Bump in the night for Airbnb landlords

Rule changes on short term lets could see part-time landlords hit by a new tax bill from next year if they let out their whole property. Homeowners can earn up to £7,500 per year tax free by renting a room to a lodger, but the rise of the sharing economy and sites like Airbnb has...

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The common-law marriage myth

Saturday 18 August has been reported as the most common day in 2018 to tie the knot in the UK. However, since the early 1970s, the number of people actually getting married has steadily decreased, dropping a further 3.4% last year. There have been many theories about why marriage rates are falling, but regardless the...

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Charging interest on unpaid debts

If you have debts owing from either a business or an individual, it is worth noting that there are various ways in which you may be able to charge interest. If your terms and conditions allow for reasonable interest to accrue on outstanding amounts, you can, of course, rely upon your terms and conditions providing...

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Debt Recovery- The “how to” guide

Debt Recovery- The “how to” guide Unpaid debts? From time to time, you will encounter customers who sometimes fail to pay for the goods and/or services that you provide. This can be very frustrating and can impact the cash-flow of your business. It is, therefore, important to ensure that your debts are monitored closely and...

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Pre-Action Protocol for Debt Claims

From the 1st October 2017 the Pre-Action Protocol for Debt Claims came into effect. Who does it apply to? The Protocol applies to businesses (including sole traders and public bodies) claiming money from an individual (including sole traders). What is the purpose of it? This Protocol’s aims include:– encouraging early engagement and communication between the...

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