News & Insights - Boodle Hatfield

Your lawyers since 1722

News & Insights

Our team of experts shine a spotlight on new legal developments, share their views on the impact of current affairs, and offer insights on issues that could impact you and your business.

2 min read Read more
16 Sep 2021 Remittances and collateral

Senior Associate, Emma Haley and Associate, Jenny Wilson-smith, discuss an unexpected amendment to the HMRC guidance which led to industry bodies seeking clarification of the possible changes for remittance of foreign income and gains in the collateral (where the collateral exceeded this amount).

3 min read Read more
16 Sep 2021 Draft Finance Bill 2022

Senior Associate, Emma Haley and Associate, Jenny Wilson-Smith, comment on the latest draft Finance Bill released on 20 July 2021 and which is due to have a new version published on 27 October 2021 and finalised in March 2022. They cover the potential impacts and administrative disruption that businesses may be facing with the new Finance Bill.

2 min read Read more
16 Sep 2021 Family Investment Companies

Family Investment Companies (FICs) will no longer be required to be dealt with by a dedicated HMRC team but will be treated as ‘business as usual’.

4 min read Read more
16 Sep 2021 LPA Consultation

Senior Associate, Emma Haley and Trainee, Annabella King, discuss the government’s proposal of moving the system of making and registering Lasting Power of Attorney (“LPA”) fully online and the potential benefits of an online LPA system that should encompass appropriate protections for individuals.

3 min read Read more
16 Sep 2021 Wider Trust Register – now open

Non-taxable trusts can start to register on-line to trust registration service (TRS) now. Senior Associate, Emma Haley and Associate, Jenny Wilson-Smith, highlight the new changes in the registration requirement and deadline following the implementation of the Fifth Money Laundering Directive into UK law.

3 min read Read more
16 Sep 2021 AML: further changes

Senior Associate, Emma Haley and Associate, Jenny Wilson-Smith, reflect on the changes proposed by a consultation which was launched by the government to target amendments to the existing anti-money laundering regulations (MLR 2017).

2 min read Read more
16 Sep 2021 Despite legal crackdowns, unpaid internships are still rife in the art world

In recent article in The Art Newspaper Employment Associate highlights the lack of legislative backing around unpaid internships over the last decade.

4 min read Read more
15 Sep 2021 Should I go to a litigation funder to pay for my divorce?

In the Financial Times, Family Partner Emily Brand considers the impacts of litigation funding for a spouse who has been locked out of shared bank accounts ahead of divorce proceedings.

3 min read Read more
14 Sep 2021 Nathan has been on the prowl & can now be found in Leicester Square 🦁

Last month, a global pride of 47 life-sized lion sculptures appeared on the streets of some of the world's major cities. Curated by Tusk Trust and Chris Westbrook, this is an art trail like no other. The sculptures

2 min read Read more
13 Sep 2021 New kids on the circus 🛒

A few weeks ago, I highlighted how a number of 'big-box stores' within central London have slim-lined

2 min read Read more
07 Sep 2021 Only a handful of EU citizens take up UK tech visa

According to figures produced by Tech Nation (one of the bodies that runs the scheme) only a handful of EU citizens have taken up the Global Talent Visa since it was made available to them in January.

The visa

9 min read Read more
06 Sep 2021 Estate planning with a digital footprint

Over recent years there has been a flurry of investment in cryptocurrency and Non-Fungible Tokens (NFTs). It is estimated that around one fifth of the UK population now own at least one form of digital asset. Private Client & Tax Partner, Hayden Bailey outlines the legal considerations around these investments in the long run.

2 min read Read more
06 Sep 2021 Estate planning with a digital footprint – Boodle Hatfield

Over recent years there has been a flurry of investment in cryptocurrency and Non-Fungible Tokens (NFTs). It is estimated that around one fifth of the UK population now own at least one form of digital asset. Private

4 min read Read more
31 Aug 2021 Edinburgh sees the UK’s biggest jump in inheritance tax bills – up 315% in a year

In a recent article in The Sunday Times, Partners Geoffrey Todd & Kyra Motley reflect on research showing growing inheritance tax bills by region and highlight how this trends is expected to continue over the next five years, as the Government has announced that the IHT allowance will remain at the current level until 2026.

7 min read Read more
27 Aug 2021 What will happen to my carried interest on divorce?

For those working in the private equity world, the incentive compensation provided to fund managers (known as "carried interest") can be significant. Many would be forgiven for thinking that this would be protected

9 min read Read more
25 Aug 2021 Why LPAs are a vital part of intergenerational planning

In the FT Adviser, Trainee, Annabella King discusses how to integrate LPAs into family wealth preservation.

4 min read Read more
23 Aug 2021 The ongoing evolution of the Great British high street

It’s been documented by many, but the pandemic of the last year and a half has caused a seismic shift in our retail sector. Up and down the country we have seen shop closures, job losses and empty streets and

6 min read Read more
23 Aug 2021 Residential possession: the Covid aftermath

Andrew Hindle sets out the current position in England on residential possession proceedings.

6 min read Read more
19 Aug 2021 Why should I make a Will?

Making a Will may seem like a daunting prospect; death is not the most jolly subject to think about. However, having a carefully drafted Will in place should give you the peace of mind that you have made appropriate arrangements for the loved ones that you are leaving behind.

4 min read Read more
19 Aug 2021 Separation and divorce: why try mediation?

When a couple separate, there are a multitude of ways to try and resolve arrangements for children and how to deal with the finances. The Family Courts encourage parties to try to resolve matters outside of the Court