Author Archives: Christopher Wilsher

Coronavirus: six alternatives to making redundancies

Posted on March 18, 2020 by Christopher Wilsher

Whilst redundancies will reduce staff costs in the medium term, they involve significant up-front costs and deprive employers of valuable talent – leaving them less able to take advantage of more favourable market conditions when the Coronavirus outbreak eases. Our …

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Coronavirus delays IR35 until 2021

Posted on March 18, 2020 by Christopher Wilsher

Last month the Treasury confirmed changes would be made to the off-payroll working rules, IR35, which will see every medium and large private sector business in the UK become responsible for setting the tax status of their contract workers, as …

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Coronavirus: An update from our CEO

Posted on March 18, 2020 by Christopher Wilsher

An update from our CEO Collyer Bristow is monitoring carefully the escalating coronavirus situation. We are taking appropriate actions with the wellbeing of our clients, colleagues and our wider community being foremost in our minds. Working remotely Our staff are …

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Coronavirus and Loan Agreements: A Material Adverse Change?

Posted on March 16, 2020 by Christopher Wilsher

With the current extreme volatility in world markets and commentators predicting worsening economic and financial conditions worldwide, lenders exposed to industries particularly affected by the COVID-19 outbreak may consider invoking Material Adverse Change (MAC) provisions in loan agreements to demand …

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Coronavirus (COVID-19) – Guidance for employers

Posted on March 13, 2020 by Christopher Wilsher

As the Coronavirus (COVID-19) pandemic continues, and the UK moves from the containment to the delay stage, employers are presented with several challenges affecting individuals and business operations. The primary duty of an employer in these circumstances is to safeguard the health …

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A firm receives a section 170 notice: what next?

Posted on March 10, 2020 by Christopher Wilsher

Regulated firms and their compliance teams are well aware of the risks and potential outcomes should the Financial Conduct Authority (FCA) open a formal investigation. Compliance teams should ensure, in advance of the FCA knocking on the firm’s door, that …

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Can I increase divorce payments from my Ex?

Posted on March 4, 2020 by Christopher Wilsher

I divorced my husband twenty years ago and was awarded a small amount in a lump sum to purchase a house for myself and our two young children. So small that I had to take out a mortgage and work …

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Coronavirus: What should employers do in the event of a pandemic?

Posted on February 27, 2020 by Christopher Wilsher

With the news that several firms in London are taking precautionary measures against the new COVID-19 by asking staff to work from home, employers should be thinking proactively about best practice in the event of a pandemic and the steps …

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Islamic marriage ceremony ruled as void marriage

Posted on February 17, 2020 by Christopher Wilsher

In what is being described as a “landmark” ruling, the Court of Appeal overturned a High Court judgement last week (14/02/20), ruling that a religious Nikah ceremony is a void marriage. The case relates to the separation of Nasreen Akhter …

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Are you ready for changes to Capital Gains Tax rules?

Posted on February 17, 2020 by Christopher Wilsher

In July 2019, the government announced plans to make a number of changes to capital gains tax (CGT) principal private residence relief (PPR). PPR is the relief that exempts homeowners from paying CGT on their main residence. The proposed changes …

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