Library Archives - Page 337 of 508

High Court Ruling Reveals Downsides of the Corporate Veil

Posted3 May 2016

Everyone knows that the corporate veil has the advantage of shielding directors from personal liability. However, far fewer people are aware of its downsides. In one case which illustrates this...

Insufficient Disclosure Negates Challenge to Enquiry

Posted29 April 2016

It is generally considered that if HM Revenue and Customs (HMRC) raise no enquiries in relation to a tax return in the year following its submission, that is the end...

No Reasonable Expectation of Profit Prevents Loss Claim

Posted29 April 2016

There is a common but incorrect belief that where a taxpayer incurs a trading loss, that can always be set against their other income to reduce the Income Tax they...

Asked about a Colleague’s Competence? Be Careful What You Say

Posted27 April 2016

Off-the-cuff and ill-considered remarks about work colleagues can have serious consequences for their careers. In one case which strikingly made the point that you should be careful what you say,...

Have You Been Given Free Advice That Was Wrong?

Posted26 April 2016

Just because you haven’t paid for professional advice doesn’t mean that the person who gave it to you is relieved from liability if it was negligently given. A recent...

£490,000 Damages Awarded for Racing Brakes Patent Infringement

Posted26 April 2016

Intellectual property (IP) rights are fiercely protected by the courts, and the consequences of breaching them can be severe indeed. In one case, a company which profited from infringing a...