The case in brief A couple divorced after a long marriage of nearly 30 years. The wife had been a full time homemaker throughout the marriage. The husband was a senior figure in private equity, with complex remuneration including carried
More about Divorce, private equity and fairness: what the Court decided in ED v AP (2025)What is ATED? ATED is an annual tax payable by ‘non‑natural persons’, such as companies, corporate partnerships and collective investment schemes, that own UK residential property valued at more than £500,000. ATED was introduced in April 2013, and its original
More about Increases to Annual Tax on Enveloped Dwellings (ATED) announcedOne of the most significant reforms taking effect from 1 May 2026 is the abolition of all new fixed‑term residential tenancy agreements. Every tenancy will convert to, and every new tenancy will be, a periodic tenancy with no fixed end
More about SDLT and the Renters’ Rights Act: the compliance risk few tenants expect1 April 2026 1) National Minimum Wage From 1 April 2026, national minimum wage increases will take effect as follows:- Minimum Wage change Apprentices Increase from £7.55 to £8 per hour Under 18 years old Increase from £7.55 to £8
More about Annual changes to compensation limits, statutory payments and National Minimum WageIn March 2024 the Secretary of State for Business and Trade brought disqualification proceedings under s 6 against Alexander David Greensill in connection with the insolvencies of Greensill Capital UK Limited and its subsidiary, Greensill Limited. Both companies were part
More about Secretary of State for Business and Trade v GreensillBig picture Prior to 6 April 2027, the unused pension pots and death benefits of registered pension scheme members usually escape IHT where the scheme trustees have discretion over choice of the pension beneficiaries. The bad news is that, even
More about Inheritance Tax on Pension death benefits – understanding the new IHT regimeThe claimant in charterparty proceedings was a German individual, but acting as insolvency officeholder of four insolvent German companies. The defendants applied for security for costs. The court applied English law to save the costs of adducing expert evidence on
More about Undritz v D’Amico Tankers DACMrs McFadzean was made bankrupt on 25 July 2018. On 6 September 2018 Ricardo Cacho was appointed as her trustee in bankruptcy; on 9 November 2018 Matthew Waghorn was appointed as an additional joint trustee on Mrs McFadzean’s application. The
More about McFadzean v MartinezThe Chancellor’s recent UK Spring Statement reaffirmed her commitment to the government’s economic strategy and, crucially for private clients, did not contain any further adjustments to the reforms originally outlined in the 2024 and 2025 Autumn Budgets which are due
More about In Trust – March 2026Commentary has increased in the last month or so: ‘Inheritance Tax on pensions has triggered a middle class panic’ said The Sunday Times in its Money section. The House of Lords Economic Affairs Committee also published a report at the
More about Inheritance tax on pensions is changing: how to prepare before 2027