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Blog

Scope of duty narrows for accountants

Published on 30 May 2018. By Robert Morris, Partner and Matthew Watson, Associate

Accountants not liable for transaction losses despite negligent accounting treatment

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Blog

Part VII insurance business transfers – FCA's finalised guidance

Published on 30 May 2018. By Neil Brown, Partner and Louisa Innes-Wilkin, Associate

The FCA published finalised guidance on its approach to reviewing insurance business transfer schemes under Part VII of the Financial Services and Markets Act 2000.

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Blog

GDPR and the Data Protection Act 2018 – how do they impact publishers?

Published on 25 May 2018. By Nicola Cain, Partner and Rupert Cowper-Coles , Senior Associate

The need for publishers to ensure that their processing of personal data complies with the law is more important than ever.

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Blog

Crypto and Blockchain

Published on 25 May 2018. By James Kaufmann, Legal Director

In February, the House of Commons Treasury Committee announced an inquiry in to digital currencies. The inquiry covers the role of digital currencies in the UK and the potential impact of distributed ledger technology (blockchain) on financial institutions and financial infrastructure.

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Blog

Patel: Enquiry and closure notices held to be invalid

Published on 25 May 2018. By Adam Craggs, Partner and Constantine Christofi, Associate

In Patel & Anor v HMRC [2018] UKFTT 0185 (TC), the First-tier Tribunal ('FTT'), in finding in favour of the taxpayers at a preliminary hearing, has held that HMRC had not opened valid enquiries into the taxpayers' self-assessment returns, as the returns had not been made pursuant to a notice issued by HMRC under section 8(1) Taxes Management Act 1970 ('TMA').

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Blog

Section 14A, don't delay!

Published on 24 May 2018. By Aimee Talbot, Associate

The Court of Appeal has upheld a judge's decision to deal summarily with a dispute as to the claimant's date of knowledge under s14a Limitation Act 1980. The judgment also contains a handy summary of the key law in the area.

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Press and Media

Retail sector insolvencies show no sign of slowing with 7% increase in a year

24 May 2018

The retail sector continues to suffer from a high cost base whilst the shift in sales from the high street to the internet continues to pick up pace.

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Blog

A Royal comparison: who did it best?

Published on 24 May 2018. By Mafruhdha Miah, Trainee Solicitor

Now that the Duke and Duchess of Sussex have returned to London to begin their new lives as a Royal couple, we take a look back at how their wedding compared to the wedding of the Duke and Duchess of Cambridge in 2011.

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Blog

Customs and excise quarterly update

Published on 23 May 2018. By Adam Craggs, Partner

In this update we report on the government’s consultation on Gaming Duty Accounting Periods; the Licensing of Tobacco Manufacturing Machinery; and the European Commission’s consultation on amendments to guarantees. We also comment on three recent cases involving customs classification; excise duty drawback; and excise duty liability on persons with no actual or constructive knowledge of unpaid duty.

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Publication

Wealth and trusts quarterly digest

Published on 23 May 2018. By Adam Craggs, Partner

Welcome to our latest Wealth and Trusts digest. Our quarterly digest is specifically tailored for you and aims to provide up to date commentary, analysis and guidance on key sector developments. It is written by our wealth and trusts teams to assist you and your clients in responding to market trends and legal developments. We would welcome the opportunity to discuss any issues you may have and always welcome feedback on the content of our publications.

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