Articles

  • Nov 14, 2024 | stephensons.co.uk | Louise Hebborn

    The recent rumours regarding changes to the CGT rates and the entrepreneurs reliefs created a surge in business sale transactions in the second half of this financial year. Now that the government’s changes have officially been announced, its likely that many may decide to push forward transactions before the next increase in tax rates comes into effect in April of 2025.

  • Oct 29, 2024 | stephensons.co.uk | Louise Hebborn

    A confidentiality agreement, also known as a non-disclosure agreement (NDA), is a legally binding contract designed to protect sensitive information from being disclosed to unauthorised parties. These agreements are widely used in various business settings to safeguard proprietary data, trade secrets, and other confidential information.

  • Oct 24, 2024 | stephensons.co.uk | Louise Hebborn

    A partnership agreement is a critical document that outlines the terms and conditions governing a business partnership. This legally binding contract is essential for preventing misunderstandings and disputes between partners by clearly defining roles, responsibilities, and expectations. In this comprehensive guide, we will explore the key elements of a partnership agreement, its benefits, and best practices for drafting one.

  • Oct 24, 2024 | stephensons.co.uk | Louise Hebborn

    Navigating the complexities of business structures is essential for any enterprise, and choosing the right formation can significantly impact your success. A limited liability partnership (LLP) is a unique business structure that combines the benefits of both partnerships and corporations. It provides flexibility in management, protection for individual partners from personal liability, and the pass-through taxation benefits typical of a partnership.

  • Nov 22, 2023 | stephensons.co.uk | Louise Hebborn

    The Chancellor’s Autumn Statement provided a mixed bag for SMEs. Whilst there were some significant announcements on business rates and taxes that will be broadly welcomed, there were some missing pieces of the puzzle. One of the most acute challenges facing SMEs at the moment is the spiralling cost of energy and this Statement failed to provide any assurances about a price cap.

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