Author Archives: Alice Heathfield

The prospect of further CGT changes – bad news for taxpayers, homeowners, and business owners?

With the economy still suffering the consequences of the Covid pandemic, the job of Chancellor of the Exchequer is perhaps even more challenging than usual.  Yet even before the pandemic, there were rumours of changes ahead for capital gains tax …

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Furlough Extension: Further Guidance Released

Following the government’s announcement last week that furlough is to be extended until 31 March 2021, further guidance on the scheme has now been published. If you missed our furlough extension update last week, click here for the key points …

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Coronavirus Update: Furlough extended until 31 March 2021

The furlough scheme was due to end on 31 October 2020 and extended to 2 December 2020. The Chancellor has just announced that it will be extended further to 31 March 2021 and reviewed again in January. On the plus …

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FCA bans the sale of crypto-derivatives to retail consumers – what do firms need to know?

On 6 October 2020 the FCA published rules which banned the sale of derivatives and exchange traded notes that include certain types of cryptoassets for retail customers. The FCA considers these products to be ill-suited for retail consumers given the …

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Palladian Partners LP & Ors v The Republic of Argentina & Anor – Tilting the Balance to Fraud

Background The underlying dispute relates to securities issued by the Republic of Argentina (the Defendant) and held by the Claimants as part of a debt restructuring. Annual payments are due under the securities subject to certain pre-conditions being met. The …

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Coronavirus update: Job Support Scheme

The Job Support Scheme (Open for Business) The Job Support Scheme (Open) should be used when a business can open safely and has not been forced to close. At its core, from 1 November 2020 the government will contribute to …

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What the FCA’s business interruption case means for your business

In June 2020, the Financial Conduct Authority initiated a claim against eight defendant insurers, seeking to answer the question of whether business interruption losses caused by the Covid-19 pandemic are covered under certain insurance policies. The regulator adopted an impressive …

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End of Furlough – what happens next?

The Job Support Scheme The Job Support Scheme starts on 1 November 2020, immediately after the furlough scheme ends. The government will step in to partially top up pay for workers who are not needed to work their full contracted …

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Government delivers further blow to landlords in further restricting winding-up petitions

The government has confirmed that restrictions on commercial landlords on presenting a winding-up petition against tenants that have not paid rent are to be extended to the end of 2020. The announcement follows confirmation last week that it has extended …

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