Below are five essential steps to help you maximise value and minimise risk during your business sale. 1. Start Planning Early Where possible, exit planning should start years before you intend to sell. Early preparation gives you the flexibility to
More about Selling your business: 5 steps to optimise your exit strategyWhat is a Bad Leaver Clause? A bad leaver clause typically appears in a shareholders’ agreement, articles of association, or a sale and purchase agreement of shares (SPA). It defines the circumstances in which a departing shareholder must transfer their
More about Bad buyers and bad leavers: sellers face an imbalanced fightTo view this service offering as a pdf, please click here. Effectively tackling the issue of sexual harassment in the workplace has never been more important. For years, many employers have believed that a generic policy was sufficient. However, following
More about Sexual harassment in the workplace: protecting your people, culture, and reputationThe Employment Tribunals (Early Conciliation: Exemptions and Rules of Procedure) (Amendment) Regulations 2025 changes the current early conciliation period from six weeks to twelve weeks for all cases notified to ACAS after 1 December 2025. It is the hope of
More about Change to ACAS Early Conciliation Period from the 1 December 2025In the latest episode of the Wedlake Bell Employment Podcast, Partner Stephen Ravenscroft and Associate Clare Irvine-Fortescue unpack the evolving landscape of remote and hybrid working arrangements. From contractual complexities around requesting a return to more office-based working to the
More about Wedlake Bell Employment Podcast – Hybrid and Remote WorkingPARLIAMENT Effective Date Effect Bills (and Acts not yet in force) FINANCE BILL 2025/2026 HMRC published draft IHT legislation on 21 July 2025 The Bill will be introduced in Parliament following the Chancellor’s Autumn Budget on 26 November 2025 including
More about Part 4 – Pensions Ready Reckoner October 2025HMRC’s draft legislation issued on 21 July 2025 for Technical Consultation features the points of principle in the adjacent box. Many comments have been made in response to the Consultation. We now await the Finance Bill which may contain changes.
More about Part 3 – Inheritance Tax and PensionsProject Nemo: navigating global pension complexities in a share sale Project Nemo involved WB and i-Global Law acting for a US-headquartered cloud computing specialist in the Sale of its global communications division to a leading provider of share registration services.
More about Part 2 – Key Wedlake Bell international pensions and employee benefit projectsIn Pelgrave v The Pensions Regulator[1], the Upper Tribunal (Tax and Chancery Chamber) considered whether Elizabeth Ann Pelgrave should be subject to a contribution notice (CN) under section 38 of the Pensions Act 2004. The case arose from a determination by
More about Part 1 – TPR Contribution Notice against Director upheldThe government’s original proposals aimed to address concerns that pensions were increasingly being used as strategic estate planning vehicles, rather than encouraging saving for retirement. However, the proposals raised confusion in the industry as it was not clear whether all
More about From nest egg to tax target: Pension funds will no longer be exempt from IHT