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Join Emma Docking and Jonathan Hayes as they explore some of the most frequently asked questions about shareholders’ agreements, including what they are, how they work alongside articles of association, and the risks of operating without one.
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With the introduction of the Global Talent Visa, there comes the new rule that any absences from the UK for the purposes of research will not be taken into account when considering settlement under this visa route.
The Court of Appeal (“CA”) in Ishola v Transport for London (“TFL”) has given guidance on the meaning of ‘provision, criterion or practice’ (PCP), an essential element for claims of indirect discrimination and failure to make reasonable adjustments.
The transfer of ownership in registered freehold or leasehold land or the grant of a registerable lease does not take effect until registered at the Land Registry. This means that from the date of the transfer/lease until the date of registration such rights are said to exist in ‘equity’ only and the legal estate does not vest in the new owner/tenant until registration is complete. The gap between the date of the transfer/lease and the date the legal estate vests in the new owner/tenant is often referred to as the ‘registration gap’
The Finance Act 2016 introduced investor relief which is essentially a tax relief for Capital Gains in a similar way to the operation of Entrepreneurs Relief. On qualification any capital gain is reduced from the usual capital gains rate – currently 20% to 10%.
The Enterprise Management Initiative (EMI) option scheme is a tax efficient incentive scheme designed to incentivise employees by enjoying the rewards of growth and business success usually on a sale
Since the enactment of the Finance Act 2014, the popularity and acceptance of the Employee Ownership Trust (“EOT”) as an exit option for business owners has continued to gain support from lawyers, accountants, the Institute of Chartered Accountants in England and Wales and business owners themselves.