Archive for August, 2016

Greene & Greene and Ensors advise the shareholders of Llewellyn Smith on its sale to the Servest Group

Two leading Regional firms have advised the shareholders of Llewellyn Smith Limited, the market leader in providing compliance based services to domestic energy efficiency installations, on its sale to the Servest Group.  Bury St Edmunds headquartered Servest Group, is one of the UK's largest facilities management service providers. The team at Greene & Greene Solicitors was led by Simon Ratcliffe, a partner ...

25 Aug 2:44 PM 0 Read More...
25 Aug 1:05 PM 0 Read More...

Inheritance tax relief on charitable donations hits record high UK of £630m

The total amount of Inheritance Tax Relief claimed against charitable donations made in wills has hit a record high, up 7% on last year* to £630 million, says Wilsons, the leading charity law firm.   Wilsons estimates the total value of bequests from estates over the Inheritance Tax (IHT) threshold last year at £1.6 billion.  Bequests from IHT eligible estates account for the overwhelming majority of al...

25 Aug 9:06 AM 0 Read More...

Draft regulations could require disclosure of all but the most basic IHT planning, warns law firm Boodle Hatfield

Draft regulations have been published that could see individuals and their tax advisers having to disclose participation in all but the most basic of inheritance tax (IHT) planning.  The draft regulations could, says law firm Boodle Hatfield, require even straightforward arrangements to be disclosed, swamping HMRC with information that they do not want or need. The draft regulations were published on 16 July 2015...

24 Aug 11:24 AM 0 Read More...

Latest Lasting Power of Attorney process removes safeguards, warns solicitors

The new Lasting Power of Attorney (LPA) process, provided by the Office of the Public Guardian last month, removes certain safeguards that could lead to abuse of the system, warns solicitors Moore Blatch. The new process is intended to increase take-up of LPAs, which is woefully low, with only around 15% of people aged over 75 having one. However, because of the simplification, critical consumer safeguards have be...

24 Aug 10:15 AM 0 Read More...