With the UK facing a fiscal shortfall estimated at between £25 and £30 billion, the government is under pressure to raise revenue through tax rises and spending cuts. Reeves’ reference to “necessary choices” in her unprecedented pre-Budget statement on 4
More about Autumn Budget 2025: speculation mounts over personal tax reformsWhilst further regulations are eagerly awaited to bring the Act into force, it is vital that landlords are prepared for the changes. To assist landlords, we’ve outlined the key changes in the summary below. Existing tenancy agreements and new tenancy
More about Renters’ Rights Act 2025 – what landlords need to knowA new threshold for BPR From April, 100% BPR relief will be capped at £1 million. Any qualifying assets above this threshold will receive only 50% relief, resulting in an effective IHT rate of 20% on the excess. This will
More about Business Property Relief restrictions – Inheritance Tax planning with art and heritage assetsIn very simple terms, the first claimant, Credit Suisse Virtuoso, through a sub-fund, Credit Suisse (Lux) Supply Chain Finance Fund, invested in notes which were originated and administered in England by Greensill Capital (UK) Limited and issued by Hoffman Sàrl
More about Credit Suisse Virtuoso Sicav-Sif & Anor v Softbank Group Corp & OrsBackground The Claimant, Jean-Michael Canarapen, is the nephew of the Defendant, Marie Ginette Gauchenot. The matter concerned the estate of Ms Gauchenot’s late mother (the Deceased), who died on 30 July 2021. The Deceased left a Will dated 16 July
More about Signed, sealed, delivered: take care before you sign on the dotted line… Canarapen v GauchenotHOT – Heads of Terms / LOI – Letter of Intent / Offer Letter Often referred to by different names, this document sets out the key terms of the deal before it is actually formally signed, including price and the
More about Understanding some of the key language (and documents) used in M&A transactionsAs the Autumn Budget approaches on 26 November, the private client sector is poised for further change amid uncertainty over the UK’s evolving political and economic landscape. Tax reforms affecting UK-based individuals — and potentially those with UK connections —
More about Globally Speaking – October 2025This article outlines the key principles and scenarios affecting the inheritance rights of spouses, children, and parents. Previous articles on this topic include Shari’ah, and an introduction to Islamic inheritance law and Heirs in Islamic law. Shari’a law On the
More about Shares under Islamic InheritanceIn 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 WorkingJoining the firm from Broadfield, Sophie brings extensive experience advising UK residents, international individuals, families, family offices and trustees on a wide range of UK legal and tax issues connected to estate planning, succession planning and wealth protection and preservation.
More about Wedlake Bell adds further bench strength to Private Client team with new Partner appointment