The Office for National Statistics has published data showing the impact on the hospitality sector. In 2019, the hospitality sector represented 3% of the UK economy, contributing £59.3billion worth of revenue and employing £2.3million.
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Clarke Willmott has once again been named in the prestigious Times Best Law Firms rankings. With our private client team receiving particular commendation for its inheritance and succession work in The Times’s 2024 list.
If you are making Christmas gifts to family and friends, the IHT consequences may not be at the forefront of your mind, but it might be helpful to be aware of the possible IHT effect of such gifts.
Unique challenges when conducting remote court hearings
News
The less formal court environment has presented unique challenges, but will this develop into a common trend or will there be more rigid rules brought in?
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Updated Right to Work checks amidst the coronavirus pandemic
News
From 30 March 2020 right to work checks for employers have been temporarily adjusted due to the coronavirus pandemic. This is a welcome move that makes it easier to carry out the checks.
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Inheritance tax has been in the spotlight recently with suggestions that the Conservative Party may include its abolition in their General Election manifesto, although despite rumours to the contrary no mention of IHT was made in the Autumn Statement.
Financial planning, investments, inheritance tax and Trusts
Court of Protection
Legal Services
If you are appointed as a Court of Protection Deputy for property and financial affairs you will be responsible for managing someone’s finances. This means that you must keep their finances under regular review, even if there are arrangements or relationships which were put in place before your appointment. You cannot simply do nothing. Inherited arrangements or relationships may no longer be in the best interests of the individual now, and as Deputy you may need to make changes to bring those arrangements up to date.
Read more on Financial planning, investments, inheritance tax and Trusts
