Covid-19 news hub

Coronavirus Job Protection Scheme

Coronavirus Job Protection Scheme

On Friday, Rishi Sunak, Chancellor of the Exchequer, announced an “unprecedented” intervention to protect jobs through  “The Coronavirus Job Retention Scheme” and all UK businesses, irrespective of size, are eligible. To access the scheme, employers will need to designate “affected employees” with a new status called “furloughed workers” and submit details through a new online […]

Preparing for COVID-19: ACAS guidance for employers and employees

Preparing for COVID-19: ACAS guidance for employers and employees

As of the date of writing this article, 3,269 people in the UK have tested positive for COVID-19. The spread of this virus is so fast and wide-reaching that it will have repercussions for most, if not all, employers and employees in the UK. Employers will want to manage any risk to their business but […]

COVID 19: Employers – Preparing for lay-offs & short-time working

COVID 19: Employers – Preparing for lay-offs & short-time working

Many UK businesses are experiencing a drastic decline in business as a result of COVID-19. Customers socially distancing may lead to a fall in sales; employees self-isolating may slow production. Businesses may try to soften the impact by letting employees work from home, or requiring them to take annual leave. However, these measures are not […]

IR35 reform postponed until 2021 due to Coronavirus

IR35 reform postponed until 2021 due to Coronavirus

In a move to attempt to protect the economy from the Coronavirus outbreak, Chief Treasury Secretary Steve Barclay announced that the controversial off-payroll IR35 tax reform would be pushed back one year until 6th April  2021. The decision was announced last night among a £330bn financial package to assist the UK economy in this difficult […]

Blaser Mills Law business continuity update

Blaser Mills Law business continuity update

You will already have received a number of emails from businesses telling you about their plans during the current situation. We all want to say it’s business as normal, but of course, there’s nothing normal about the current situation.   Regardless of whether our lawyers are working from the office or from home, you will remain […]

Coronavirus – can you break your contracts and are you insured?

Coronavirus – can you break your contracts and are you insured?

Many businesses are looking at their contracts and insurance to determine whether they are covered for losses arising from the current pandemic and whether they can cancel contracts in light of the extraordinary developments. Terms such as “force majeure” are being bandied about as the solution but how do you tell if a particular force […]

5 Anti-Money Laundering Directive – A guide for estate agency businesses

5 Anti-Money Laundering Directive – A guide for estate agency businesses

On the 10th January this year, the EU’s 5th Anti-Money Laundering Directive (5AMLD) was transposed into UK law by the Money Laundering and Terrorist Financing (Amendment) Regulations 2019. The new regulations have a number of effects, including bringing two additional types of businesses into the scope of the Money Laundering Regulations 2017 (the MLRs). This […]

Is Brexit an ‘Act of God’? Preparing for the transition end-date

Is Brexit an ‘Act of God’? Preparing for the transition end-date

As of 31 January, the UK is officially no longer an EU member state. However, until 31 December 2020 at 11pm (the ‘end-date’), we will still be subject to most EU rules, and will remain in the EU customs union and single market. It is at the end of this year that businesses could face […]

Company Records – Are they correct and up to date?

Company Records – Are they correct and up to date?

The importance of maintaining statutory registers and other records is often overlooked. However, under the Companies Act 2006 it is an offence not to maintain statutory books. The consequences can be detrimental as can be seen in the cases highlighted below. Case 1: K2 Grill and Pizza Ltd (Company Reg no 09569826) In a recent […]

Do your company’s articles contain a hidden danger?

Do your company’s articles contain a hidden danger?

Was your company incorporated before 1 October 2009 with ‘Table A’ articles of association (“Table A”)? Or are you the sole director and shareholder of your company? Have your company’s articles ever been comprehensively reviewed? If any of the above apply to you, read on. Caution: If you were to unexpectedly pass away, your company […]