LawSkills Articles

FRS 102 is the Financial Reporting Standard that applies to the UK and the Republic of Ireland. It has been a major overhaul of accounts disclosures replacing UK GAAP (General Accepted Accounting Practice). One of the big areas of change has [...]

Traditional private client practitioners may not consider that long-term care is an area where they can add value as it does not neatly encompass inheritance tax planning or estate administration – two mainstays of the private client [...]

Will lawyers be made redundant due to AI? The answer to this is a guarded ‘yes’ - some lawyers will be when the tipping point is reached – we are not just there yet.

The ambitious purpose of this book is to provide a complete picture of tax planning for family & owner-managed companies for professional advisers. It is written by a highly regarded tax consultant. It usefully looks at tax planning not just [...]

Following the Queen’s Speech certain parts of the 5AMLD have been introduced by Statutory Instrument The provisions in 5MLD will be legislated in ‘The Money Laundering and Terrorist Financing (Amendment) Regulations 2019’. These regulations will [...]

In our last article, John Smith lost capacity and his Lasting Power of Attorney had been invoked. John had appointed his niece to manage his financial affairs, and his solicitor as his professional safeguarder to ensure that any transactions are [...]

The 2019 French Income Tax Act introduced some further changes to the way non-French tax residents are taxed on their French income and gains. These changes will affect UK tax residents who own and/or sell French property.

During our lifetimes we collect many chattels such as our breakfast bowl, jewellery, cars and, perhaps, works of art, also disposing of some as they wear out or cease to be of interest. Some items will have sentimental value and, when we die, [...]

Here comes the festive season hot on the heels of the general election. It is hard to feel particularly jolly this year with all the party manifestos falling short on some of the things lawyers hold dear such as supporting access to justice and [...]

Many farming families who trade in partnerships do not always agree on tax and legal treatment of various areas surrounding the farming partnership. There have been a number of disputes reaching the courts. There are some farming partnerships [...]