It is now just over a year until April 2015 when the first devolved taxes will come into effect in Scotland. The Land and Buildings Transaction Tax (LBTT) will replace Stamp Duty Land Tax (SDLT) on transactions involving land in Scotland, and the Scottish Landfill Tax (SLFT) will start to be levied on landfill in …
Continue reading “The Scottish Government’s approach to tax avoidance”
Retention of title clauses are found in most contracts for sale of goods. The concept of retention is a simple one whereby the supplier of goods protects itself against non-payment by retaining ownership of goods until payment is received from the customer. The concept arises from the Sale of Goods Act 1979. The Sale of …
Continue reading “Are your retention of title provisions effective?”
Numerous reports in the media concerning the relationship between the UK and Europe suggest that 2014 will be an eventful year for UK immigration and our participation in the European Union (EU).
Under EU competition law, parent companies will, as a rule, be responsible for the behaviour of their wholly owned subsidiaries. That is not surprising, as the parent has the ability and is presumed to in fact oversee and direct the activities of its subsidiaries, so-called exercise of decisive influence.
We may not be surprised by reports of litigation taking many years and costing between £60,000 and £70,000. However, were we told that the reports in question stem from 1852, and that such sums in real terms today would be many millions of pounds, we would perhaps agree with Dickens’ statement regarding the Chancery Court …