Late filing penalties and strike-offs – Covid-19

With everything going on right now, and businesses trying to carry on as usual as well as they can, the prospect of late filing fees and strike-offs may cause an added  and very much  unwanted stress.    However, Companies House is aware of the extra pressure, and that complying at these times may not be possible, so we have looked at the latest  guidance , hopefully to put your minds at ease, and let you know what will and will…

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Moving house in lockdown

Buying and selling houses during lockdown: to move or not to move? We’ve seen a lot of articles and blogs on this topic and thought we’d offer a bit more detail. Covid-19 and the current lockdown situation has of course caused concern for everyone, but what if you are due to move house? What are the implications of the lockdown: should you exchange contracts if you haven’t yet, what happens if you have exchanged but don’t want to move during lockdown,…

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GDPR QUICKFIRE GUIDE

Since GDPR came into force in May 2018, individuals your business deals with have the following rights¹ regarding the information you have about them: • The right to be informed • The right of access • The right to rectification • The right to erasure • The right to restrict processing • The right to data portability • The right to object • Rights in relation to automated decision making and profiling . As a business you have the…

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Corona-Property Law

If you are a commercial landlord or tenant, what does the Coronavirus Act 2020 mean for you ?   BREAKING NEWS!! Matters are moving so quickly that since preparing this article on 31 March 2020, the following update needed to be added ! Working in retail, hospitality or leisure business? Two reliefs are available for businesses in these sectors: A holiday from business rates for the 2020-2021 tax year. Cash grants up to £25,000 may be given to businesses in these sectors…

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Why you need a will

Why do you need a will ? If you are in business that is likely to mean that you are hard at work building up a valuable business to look after you and your loved ones and provide a way of life. Life events affect work and vice versa. We would therefore encourage business owners to look at their personal planning to ensure that their wishes for their loved ones are just as well looked after as their businesses. Part of a business owner’s…

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Property worries during Covid-19 lockdown

If you are a commercial landlord or tenant, what does the Coronavirus Act 2020 mean for you ?   BREAKING NEWS!! Matters are moving so quickly that since preparing this article on 31 March 2020, the following update needed to be added ! Working in retail, hospitality or leisure business? Two reliefs are available for businesses in these sectors: A holiday from business rates for the 2020-2021 tax year. Cash grants up to £25,000 may be given to businesses in…

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Limited Liability Partnerships

LLP agreements It’s always good to know that any business partnership you enter into is protected and that, more importantly, so are you. Depending on the type of business arrangement you enter into, it’s always wise consider protecting yourself with a written agreement, even if the person you’re going into partnership with is a good friend or even a family member. What is an LLP agreement? A limited liability partnership sits somewhere in between a limited company and a partnership. It enables anyone who…

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Taking the positive out of lockdown

Taking the positive out of lockdown - health check your business and upgrade your legals!   While we are all hopefully staying healthy and safe, this is also a time to refocus on business and protect what we’ve worked so hard to build. Contracts and breaches of contract due to lockdown? We’ve blogged here about the most frequently asked questions around performing or not performing obligations under a contract, namely “force majeure” and how on earth does it work in…

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Moving house in lockdown

Buying and selling houses during lockdown: to move or not to move? We’ve seen a lot of articles and blogs on this topic and thought we’d offer a bit more detail. Covid-19 and the current lockdown situation has of course caused concern for everyone, but what if you are due to move house? What are the implications of the lockdown: should you exchange contracts if you haven’t yet, what happens if you have exchanged but don’t want to move during…

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Contracts and Covid-19

Contracts and Covid-19: What does it mean? Are contracts still binding under lockdown ? The ongoing epidemic has posed significant risks to businesses with disruptions in supply chains, cancellations of events and the closure of many services, but what does this mean for contracts that are in place? Is there a “get out of jail free card” to avoid obligations? Under English law contracts are, in principle, absolute. In general terms, any failure to perform an obligation under a contract…

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