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Bill to the Bank of Mum and Dad could reach £6.5bn

Bill to the Bank of Mum and Dad could reach £6.5bn

A recent report has suggested that the ‘Bank of Mum and Dad’ will be lending their children over £6.5 billion this year in order to help them onto the property ladder. The projected figure is around £1.5 billion higher than the £5 billion loaned by parents to their offspring in 2016, demonstrating an increase of 30% and meaning that more than one in four property transactions in the UK in 2017 will involve parents.
Is buy-to-let no longer such a good deal?

Is buy-to-let no longer such a good deal?

It wasn’t all that long ago that investment in buy-to-let property was seen as a straightforward way to generate an income for yourself. However, recent changes made by the government mean that turning a profit through buy-to-let in today’s property market is set to become much more difficult. Each case is individual, and the profitability of a property isn’t as simple as looking at the price of the property and the amount of rent it generates each month, but for many, buy-to-let will soon no longer be the attractive investment opportunity it once was. So what has changed?

Employees negligence can amount to gross misconduct

Employees negligence can amount to gross misconduct

The Court of Appeal recently ruled that a senior manager’s negligence in failing to ensure that a colleague followed company policy could amount to gross misconduct justifying the manager’s summary dismissal.

Disputes Over Land: Love Thy Neighbour

Disputes Over Land: Love Thy Neighbour

Disputes over ownership of strips of land between two properties are all too common, and usually arise from a mis-drawn boundary map. However, a recent case in the Appeal Court resulted in the apparently farcical decision that two neighbours each possessed a valid registered title to the same strip of land 4 metres long by 2 metres wide. But, Rob Stubbs, Head of Dispute Resolution says “Although this sounds crazy, the decision actually enabled the position to be tidied up rather neatly.”

4 Things to do Before The End of The Tax Year

4 Things to do Before The End of The Tax Year

The beginning of a new calendar year should serve as a timely reminder that we’re only three months away from the end of the current tax year. It might feel at the moment as though there’s plenty of time until the beginning of April, but ensuring you make use of the remaining months before they disappear is always a good idea. Here are our top four tips for ways to make the most of this tax year whilst you can.
Gender Pay Gap Reporting- Is Your Business Ready?

Gender Pay Gap Reporting- Is Your Business Ready?

In April 2017 employers with over 250 staff became obliged to report on gender pay gaps. Here are some tips that your business may wish to consider.

Wills and Planning for the Inevitable

Wills and Planning for the Inevitable

Research just published underlines how ill-prepared most people are in terms of their end of life planning.

Ignorance as a Defence in Law

Ignorance as a Defence in Law

There are in fact circumstances where ignorance is a perfectly valid defence.

Who Owns Their Web Name?

Who Owns Their Web Name?

You might think that you would have the right to stop your name being used in a web address without your consent. But you’d be wrong.

Are you risking being classed as a contractor?

Are you risking being classed as a contractor?

If you’re a business owner outside the construction industry, then it’s quite likely that your knowledge of the Construction Industry Scheme (CIS) is limited, and understandably so.
Despite news headlines, many are still struggling to save for the future

Despite news headlines, many are still struggling to save for the future

A recent report has found that a significant number of people aged 35 to 44 are still struggling to save anything for the longer term, and are only just affording to pay for their present circumstances.
The ‘cost of dying’ is now racing ahead of the rate of inflation

The ‘cost of dying’ is now racing ahead of the rate of inflation

Recent research has revealed that the cost of dying is now the fastest rising fixed cost in the UK, ahead of costs of living including rent, utilities and food.

Director not liable to employee

Director not liable to employee

What happens when the company being sued by an employee for damages for injuries sustained at work goes into liquidation?

Pressure on litigation costs from “Proportionality”

Pressure on litigation costs from “Proportionality”

New rules on the losing side paying the costs of the winning side in litigation can leave “winners” significantly out of pocket.

Need for Email Use Policy All Too Obvious

Need for Email Use Policy All Too Obvious

The recent case of two young lovers whose amorous emails to each other were mistakenly copied to the wider world emphasises all too clearly why firms need an “email, internet and social media use” policy for all members of staff.

Court reform gives stronger protection for victims and witnesses

Court reform gives stronger protection for victims and witnesses

Vulnerable victims and witnesses will no longer have to appear in court under new plans to roll out pre-trial evidence sessions.

How you could end up paying HMRC’s legal costs

How you could end up paying HMRC’s legal costs

A recent case has brought to light a situation in which taxpayers were required to pay HMRC’s legal costs for defending the case as well as the VAT which was under dispute.

Is working part of your retirement plan?

Is working part of your retirement plan?

A recent study has found that more people aged over 65 are continuing to work after they officially retire.

The scammers won’t go away, so be careful out there!

The scammers won’t go away, so be careful out there!

It’s an unfortunate truth of the computer age that, as the software developed to protect your identity and sensitive information improves, so the methods of those trying to defraud you become ever more effective.

"Alternative investments":

"Alternative investments":

from children’s books to memorabilia
A guide to ethical funds

A guide to ethical funds

Ethical funds are also known as green funds or socially responsible investment (SRI) funds, and are categorised as funds where the investment choices are shaped by criteria linked to social, environmental and other ethical issues.

The importance of having a Will in place

The importance of having a Will in place

Despite the fact that having a Will in place is commonly accepted as the most effective way to leave details about your inheritance, the number of people who don’t have one is remarkably high.

Who pays for the qualified nurses in a care home?

Who pays for the qualified nurses in a care home?

The Court of Appeal recently made a significant ruling on who should pay for the care that state funded residents should receive.

A "conditional fee agreement" is a contract

A "conditional fee agreement" is a contract

Beware of signing a conditional fee agreement with your solicitor unless you fully intend to place yourself in their hands.
Do employers care about their employees financial well-being?

Do employers care about their employees financial well-being?

A recent study has found that only one in three employees believes their employer cares about their financial wellness.