With the Covid-19 pandemic more people are asking themselves if they need a Living Will (also known as an Advance Decision or Advance Directive). We look at why you may want a Living Will, the process for setting one up and the benefits to family members.
It was never in doubt, was it? The UK has entered into the UK-EU Trade and Cooperation Agreement (“TCA”) which is a free trade agreement. If your business is party to contracts with parties in the EU, you should consider the following implications.
As we are all very much aware, restrictions have been tightened since the start of the year. Various types of business (hospitality, non-essential retail etc.) must remain closed. For others, where there is no specific requirement to close, and where the employer intends to continue to operate, the focus remains, as for the last 10 months, on homeworking.
It is thought that the tax break available to entrepreneurs, in respect of which the lifetime limit was reduced from £10 million to £1 million last year, may be abolished completely.
On 1 January 2021, the UK entered a “brand new partnership” with the European Union. Irrespective of your opinion of Brexit, it was inevitably going to change how business was done in Europe. This blog examines the short-term entry requirements and the transferability of professional qualifications now that UK professionals no longer have the ability to automatically work in the EU.