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Leaving Charitable Gifts in Your Will

Leaving Charitable Gifts in Your Will

Leaving a charitable gift in your will is an easy, impactful way to support causes you care about. Whether it’s a fixed sum, a specific item, or a share of your residuary estate, legacy giving can create a lasting difference — and it can be tax-efficient. Gifts to UK-qualifying charities are usually exempt from Inheritance Tax (IHT). Ways to leave a gift to charity Pecuniary gift: a specified sum of money to a named charity. Specific gift: a particular item (e.g. property, jewellery, artwork, shares). Residuary gift: all or a…

NDAs

NDAs – an overview

A Non-Disclosure Agreement (NDA), also referred to as a Confidentiality Agreement, is a legal mechanism used primarily in employment or business contexts to safeguard confidential information. NDAs are versatile instruments applicable across various scenarios, but their core principle remains the same: one or both parties agree not to disclose specified confidential information. NDAs can either be standalone documents or be incorporated into broader agreements. For example, there may be non-disclosure clauses in an employment contract or a Settlement Agreement, to ensure that proprietary or sensitive information remains confidential. Types of…

Bowling & Co Support London Legal Walk 2024

The team at Bowling & Co were delighted to take part in the 20th Anniversary London Legal Walk earlier this month. They raised over £1000 for this worthwhile cause and all enjoyed the experience. Our team was made up of Leah, Kimberley, Rosa, Merve, Tony, Mert, Harry, Zafrin, Farasat, Sanem and Rohan. The team walked with the Lady Chief Justice and thousands of lawyers to raise funds for the London Legal Support Trust (LLST). Over the last 20 years, by walking together for justice, an incredible £10.5 million as been raised, helping…

Directors should make a diary date for filing deadlines

A £165m reminder to directors on the importance of getting accounts filed on time has been flagged in the latest report from Companies House, the body responsible for the UK's register of limited companies. The statistics from Companies House show that 98.5% of accounts were filed on time, but the 1.5% that missed their deadline resulted in 323,643 penalties being levied with a total value of £164.7m. The average penalty was £509 but almost £80m was raised by 80,000 ‘double penalties’, charged when companies file their accounts late for two…

Companies must be on track for Covid-safe workplace

Companies must be on track for Covid-safe workplace

Companies anticipating a return to the workplace in July, if the Government’s route map stays on track, should be planning how to protect workers and customers once the country is released from the current Covid-related restrictions.  Although the Government may decide that it is safe to relax regulations and recommendations around social distancing and large groups, the virus will still be circulating, and individuals could become infected or pass the virus on to others in the workplace. Planning ahead and involving staff in the planning process is the best approach. …

Five tips for businesses

Blog: Five tips for businesses dealing with unpaid invoices

In this blog we suggest 5 tips for businesses dealing with unpaid invoices The coronavirus pandemic has caused financial difficulties for many and could be making the problem of late payments worse for both small businesses, the self-employed and freelancers. Carrying the weight of unpaid invoices really can make doing business challenging. The Forum of Private Business indicates that 1 in 4 businesses fall into insolvency as a result of late payment of invoices. While business owners need to worry about paying suppliers, staff members, rent and bills, unpaid invoices…

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