The UK Budget delivered on 26 November 2025 introduced a series of targeted measures for internationally mobile, UK‑connected individuals and families with cross‑border wealth, but do not represent the sweeping tax reforms that had been predicted. The Budget is arguably
More about Globally Speaking – UK Budget UpdateSection 234 Insolvency Act 1986 provides: “(2) Where any person has in his possession or control any property, books, papers or records to which the company appears to be entitled, the court may require that person forthwith (or within such period as the
More about Maher & Anor v Investalet Ltd & AnorBelow 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 strategyIn this video Partners Ed Phillips, Natalie Pilagos (Head of Construction Disputes) and Adam Lynch (Head of Corporate) explain how Building Liability Orders (BLOs) under the Building Safety Act are reshaping contractual and corporate risk.
More about Building Liability Orders and Corporate RiskDespite speculation, the Budget did not introduce a capital gains tax (CGT) exit charge for individuals leaving the UK; nor were there new wealth taxes beyond the high-value council tax surcharge, two measures which were strongly rumoured in the weeks
More about The UK Budget 2025: impact for international private clientsThe first respondents were the existing joint liquidators of the company, all from PricewaterhouseCoopers LLP. The basis of the proposed additional appointments (which were opposed) was the investigation of potential claims. Parts of the hearing were held in private because
More about Rawbank SA v Banfield & OrsAs the dust begins to settle on last week’s Budget and the initial flurry of headlines subsides, we can breathe a sigh of relief that for now, we know the direction of travel on tax policy. As such, we expect
More about In Trust – December 2025What 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 fightIndividual homeowners High value council tax surcharge The new high value council tax surcharge (the surcharge) is less severe than many of us expected from a long feared “mansion tax”, but it will still have a significant impact on those
More about Budget 2025 and residential property: time to assessAmendments made to the International Tax Compliance Regulations 2025 have resulted in a new mandatory registration requirement for trusts that are defined as “financial institutions” (FI) or “trustee-documented trusts” (TDT) for international tax information exchange purposes, with existing affected trusts
More about Trust compliance update: new HMRC mandatory registration rules