Addressing domestic abuse in financial remedy cases
Despite a nationwide effort to recognise the impact of domestic abuse, family courts remain reluctant to consider such abuse when determining financial settlements in divorce cases. In November 2024, the University of Bristol released a supplementary report on domestic abuse in financial remedy cases, following their Fair Shares report published in November 2023. Domestic abuse […]
Essential tips to prepare your business for sale: A seller’s guide
Selling a business can be complex, and often, business owners do not know how to prepare. Early preparation can be key to enabling a business sale to run smoothly. In particular, it can greatly assist the due diligence process. Valuation One of the first things prospective sellers should do is approach a specialist business valuer. […]
Expert help for your medical negligence claim
If you’ve been harmed by a healthcare provider, you may be considering whether you have a medical negligence (or clinical negligence) claim. The process can seem complicated, but we’re here to guide you through it every step of the way. What is Medical Negligence? Medical negligence happens when a healthcare professional (such as a doctor, […]
Delayed cervical cancer diagnosis: Medical negligence insights
A crucial discussion for Cervical Cancer Prevention Week 2025 Cervical cancer remains a significant health concern for women worldwide, and early diagnosis and treatment are vital. Delays in diagnosis can severely impact a patient’s prognosis, leading to more extensive treatment and, tragically, increased mortality rates. Understanding cervical cancer Cervical cancer is a significant public health […]
The Budget: Pains or gains for businesses?
On 30 October 2024, the Chancellor, Rachel Reeves, delivered the Autumn Budget (‘the Budget’). This outlined the Government’s intention to increase spending on public services by an estimated £70 billion, with more than 50% of this investment being funded through taxation. This has created a degree of uncertainty for small business owners across the UK, who […]
Employee ownership trusts: Tax-free succession explained
Introduced in an effort to promote employee ownership of businesses, Employee Ownership Trusts (EOTs) allow business owners to sell their shares to an employee-owned trust free from CGT and grant tax relief on bonuses of up to £3,600. Indeed, even before the increases to CGT in the Autumn 2024 Budget, EOTs had become an ever […]
Tax changes in autumn budget 2024: Making employee ownership trusts (EOTs) more appealing?
Capital Gains Tax (CGT) and relief changes: How do these relate to EOTs? The Autumn Budget 2024 saw CGT rates rise to 18% and 24% with effect from 30 October 2024, up from 10% and 20% for lower and higher rate taxpayers, respectively. There are also phased changes to Business Asset Disposal Relief (BADR), it […]
10 great financial advice tips for efficient money management
As wealth management specialists, we are often asked, ‘Where and how do I start with my money?’ or told, ‘I never seem to have money when I need it’. Understanding how to hold and manage our hard-earned wealth is key to ensuring that we always have funds when needed. Understanding the basics of money management is […]
How to sell a property in France
Selling property in France is a different experience compared to the UK, so it’s crucial to seek expert legal advice before making any commitments. At Tees, our bilingual legal specialists offer comprehensive support to ensure a smooth, stress-free transaction. Understanding the French property market The French real estate market often leans towards a buyer’s market, […]
The biggest financial asset: Protection
What comes to mind when considering an individual’s biggest financial asset? A house? Investments? Perhaps a classic car like the Ferrari 250 GTO? Surprisingly, the most significant financial asset is often overlooked: yourself! For business owners and employees alike, the knowledge, skills, and effort you bring to the table are what drive your income and wealth. […]
Employers expected to take reasonable steps to prevent sexual harassment
Recent media coverage of allegations involving Gregg Wallace, underscore the challenges employers may face in managing third-party behaviour. While the specifics of the case remain unconfirmed and allegations are denied, the complaints shine a light on the importance of putting in place and enforcing robust preventative measures to mitigate such issues and risks. Employers should […]
Economic review – November 2024: Gradual shifts amid growing challenges
Interest rates set to fall more gradually Last month, the Bank of England (BoE) cut interest rates for only the second time since 2020 but also warned future reductions were likely to be more gradual due to the prospect of inflation creeping higher next year. Following its latest meeting, which concluded on 6 November, the […]
