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Welcome to the Hethertons Solicitors Commercial Newswire

In this edition, we look at a wide range of issues affecting businesses, owners and investors, including:

  • How to avoid legal pitfalls when letting out a property
  • National Living Wage – What has changed for employers
  • What are the Inheritance Tax considerations for family business owners?

If you have any feedback on this latest edition or would like assistance from our team, please contact us.

How to avoid legal pitfalls when letting out a property

 

Many more people, including many business owners, are looking at the option of letting a property as a long-term investment. It can be a profitable enterprise, but there are a number of regulations and legal considerations to be observed.

 
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National Living Wage – What has changed for employers

 

Employers must abide by the new National Minimum Wage (NMW) rates that took effect from April 2023 and benefit around two million workers. The National Living Wage (NLW) increased by 9.7 per cent or 92 pence to £10.42 per hour, providing...
 
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What are the Inheritance Tax considerations for family business owners?

 

When it comes to succession planning in family businesses, there are many factors to consider, including the potential impact of Inheritance Tax (IHT). IHT can be a significant expense for families transferring wealth to the next generation and given the spiralling increase in property prices...

 
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