Covid Job Retention Scheme

Covid Job Retention Scheme

We are getting many enquiries about the above Scheme. This is a massive state intervention in business activity. Many businesses are going to be forced into hibernation or animated suspension. The scheme will enable businesses to retain their employees so…

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Bankruptcy…when Will It All End?

Bankruptcy…when will it all end?

Generally, a bankruptcy order will be automatically discharged 12 months’ after it is made.  However, it is open to a Trustee in Bankruptcy to apply for the automatic discharge to be suspended, usually on the basis that the bankrupt has…

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Dying Just Became More Expensive

Dying just became more expensive

The Government has announced that, with effect from April 2019, the Court fees for obtaining Probate could cost up to £6,000, whereas the current fee is less than 5% of this amount. What is Probate? When someone passes away the…

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Be Careful How You Exercise…

Be Careful How You Exercise…

Most commercial leases have a clause which entitles a landlord to terminate the lease by forfeiture if the tenant breaches its obligations. Once the right to forfeit arises, if a landlord acts in a way so as to treat the…

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Death In The Digital Age

Death in the Digital Age

The world is becoming more digitised and inter-connected as information and communication becomes more accessible and simpler to manage. Platforms such as Facebook, Twitter, Instagram, WhatsApp and iTunes, amongst others, allow us to access, share and store messages, images and…

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Ken Dodd: A Shrewd Tax Planner?

Ken Dodd: A shrewd tax planner?

The death of beloved comedian, Ken Dodd, last week has shone a light on the Inheritance Tax rules and the importance of planning your estate correctly. The late comedian married his long-term partner of over 40 years just two days…

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Claims Against Company Directors

Claims against Company Directors

As advisers to many companies and company directors and shareholders, the Vyman team thought you would be interested in the following Supreme Court case. Burnden Holdings (UK) Ltd v Fielding (28 February 2018) In short, the directors of the company had…

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