The question of the statutory holiday rights of workers on long term sick leave has been up in the air for some time. In 2005 the Court of Appeal held that workers could not request payment for holiday whilst off sick. However, that issue, and whether holiday entitlement continues to accrue whilst off sick, were [...]

Posted: January 31st, 2008 under Employment/HR.
Comments: none

Absolutely any business which produces waste has a duty of care to dispose of that waste correctly, which usually means passing its waste on to a waste carrier, and checking that that carrier has a waste management licence or is exempt from the requirement to have one.
Businesses which make or buy in packaging must ensure [...]

Posted: January 30th, 2008 under Business Regulation.
Comments: none

The Government has recently announced prospective changes to the capital gains tax (”CGT”) regime which are intended to take effect from 6 April 2008.
The headline CGT rate is to be fixed at 18% on any chargeable gain made on the disposal of assets from 6 April 2008. This is to be welcomed in the [...]

Posted: January 29th, 2008 under Corporate Finance.
Comments: none

This is a classic example of a cartel operated through a trade association and what can happen when the competition authorities investigate. It also shows the real benefits of being the first to inform and claim leniency.
On the 12th January 2008 the EU Competition Commission published its decision to impose huge fines on the participants [...]

Posted: January 23rd, 2008 under Competition Law & Regulatory.
Comments: none

The key change with respect to company secretaries under the Companies Act 2006 is that, from 6th April 2008, private companies will no longer be required to have a secretary although they may still opt to have one. If, in the case of a private company no longer wishing to have a secretary, the [...]

Posted: January 22nd, 2008 under Corporate Finance.
Comments: none