What is the difference between a car and a van? The Court of Appeal’s definitive answer to that question has very significant tax implications for employers who provide vehicles for their employees’ combined business and private use. The case concerned a company that provided modified
So-called team moves, in which key personnel simultaneously resign and move in concert to a competitor, can have a devastating impact on any business. However, as a High Court case underlined, those on the receiving end of such a manoeuvre do not have to take
HM Revenue and Customs (HMRC) operates within the constraints of its statutory powers, but its ability to conduct ‘informal’ inquiries into taxpayers’ affairs, without limit of time, has been upheld by the Court of Appeal in a landmark ruling. The case concerned a successful entrepreneur
If you are an entrepreneur and own your own company, that is all the more reason why you should take professional advice regarding the issues that might arise on your death. In an unusual High Court case on point, a farm contracting business was left
Unlawful stock market manipulation does happen, but suspecting it is one thing and proving it quite another. An AIM-listed company found that out to its cost after the High Court ruled that it had no good arguable case that it was a victim of abusive
The COVID-19 crisis has heralded such an avalanche of emergency legislation that it cannot be passed into law quickly enough. In a unique insolvency case on point, the High Court blocked a commercial landlord from presenting a winding up petition against a high-street retailer in
Those who play fast and loose with the contractual obligations they owe to their employers can expect severe consequences. That was certainly so in the case of a highly paid financier who resigned from his job, without notice, at a time when he had for
If you are owed money, any delay in taking professional advice can have the serious consequence of pushing you to the back of a queue of creditors. The crucial role that timing and priorities play in debt recovery was underlined by a Court of Appeal
Many successful entrepreneurs harbour hopes of their businesses being continued by their children after they are gone – but there is sadly no guarantee that they will get on. In a case on point, the High Court intervened to break a deadlock between three brothers
The government’s ‘furlough’ scheme is an unprecedented means of saving jobs and viable businesses in the midst of the COVID-19 crisis – but how does it interact with the insolvency regime? The High Court addressed that burning issue in the context of a restaurant chain
