Category: Company & Commercial

business planning 2020

Business Planning 2020

As 2019 draws to a close, we are not just seeing out the year, but also seeing out the decade. Looking back to where the economy was 10 years ago, we were in the midst of the recession. Fast forward 10 years and we still seem to face a period of political and economic uncertainty….

HMRC

HMRC and TV: BBC Presenter Loses IR35 Appeal

The ongoing battle between HMRC and TV presenters: Another BBC presenter loses their IR35 appeal HMRC has once again won against a BBC presenter in their crack down on the IR35 rules. Many will remember the media frenzy earlier this year surrounding Lorraine Kelly’s tax appeal against HMRC. HMRC had brought a case against Lorraine…

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The New IR35 Rules: What You Need To Know

What is IR35? IR35 refers to a set of legislation that aims to tackle the issue of ‘deemed (or disguised) employment’. This is where organisations hire workers on a self-employed basis, through an intermediary (often a limited company) rather than an employment contract, when in practice they are employees. Hiring workers in this way saved…

Family Run Business

How Could a Community Interest Company Meet Your Enterprise Needs?

What is it? A community interest company (CIC) is a non-charitable limited company set up with the purpose of benefiting a community or pursuing a social purpose. This differs to a regular limited company which is set up with the purpose of making a profit for shareholders. They differ to charities as charities are considered…

GDPR

GDPR: A Stark Warning

When the General Data Protection Regulation (GDPR) came into force on May 25, 2018, many businesses did not feel ready for the changes and there was panic about the enforcements that were going to ensue. 16 months on and we are now seeing the first ICO decisions made under the Data Protection Act 1998 and it…

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Start Up Advice: Choosing A Business Name

How do I choose a business name? When choosing a business name it is important to consider what kind of business you are. A business name if successful can become a valuable asset; it can be included to balance sheets, mortgage to raise funds, and licensed to others to use it. Are you a creative…

Avoiding Nasty Surprises and Unexpected Costs in Business intro

Avoiding Nasty Surprises and Unexpected Costs in Business – Free Seminar

We are delighted to announce we are holding a free business seminar providing practical, strategic and legal advice for business owners. The focus of this seminar will be on legal and practical business issues which are often overlooked by business owners and can cost substantial sums of money to rectify. Taking place on Wednesday 18th September…

GDPR

Whatever Happened to GDPR?

The 25th May 2018 was dubbed as ‘D-Day’ or more accurately ‘DPA Day’ as the most profound changes to Data Protection laws in the last 20 years were enacted. In advance of the deadline, and even after the deadline, many businesses were panicking about compliance, attempting to put into place Privacy Notices, procedures and trying…

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A Useful Guide for How To Prepare a Business for Sale

At Ison Harrison Solicitors we regularly advise business owners on selling their businesses. Selling a business is however a complex process which requires planning, potentially many years before you intend to exit a business. With proper planning, business owners can maximise the value that they achieve from the sale of a business. What are you…

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Why Do I Need a Shareholders Agreement?

Solicitors are often asked by business owners ‘Why do I need a shareholders agreement?’ or ‘Do I really need a partnership agreement?’ The problem we see time and again is the fall out, and expense, which occurs when parties do not properly document the relationship between the owners. If proper agreements are not in place then…