Employment Law Update - Extension of the Coronavirus Job Retention scheme With the government’s announcement of another national lockdown came the news that the Coronavirus Job Retention scheme (CJRS), also known as the furlough scheme, will continue to be available to employers during the period of lockdown. It is anticipated that England’s lockdown will last for four weeks starting on [...]
Employment Law Update - the JSS Open Yesterday, 22 October 2020, the Chancellor announced changes to the original Job Support Scheme (JSS) (further details here) . This scheme will from now be known as the JSS Open. The changes were announced following a very poor response from businesses in Tier 2 who are already suffering from a decline in business [...]
Frequently Asked Questions about: Stamp Duty Land Tax – surcharge for non-residents Raising taxes on property has been an easy target for the government for a number of years. Aside from increasing the scope of capital gains taxes on property, particularly on non-residents, the 3% surcharge for second properties was one of a number of changes aimed at specifically increasing [...]
Employment Law Update – Details on the Job Retention Bonus A new Treasury Direction was published on 1 October 2020, providing further details on the Coronavirus Job Retention Scheme (Job Retention) Bonus (the Job Retention Bonus). The Job Retention Bonus The Job Retention Bonus, which is described is an incentive to retain staff, is a one-off taxable bonus of £1,000 [...]
The Job Support Scheme Extension Ahead of the further coronavirus restrictions which are anticipated to be imposed over the coming winter months, the Chancellor has announced an extension to the Job Support Scheme (JSS) which is set to start on 1 November 2020. The JSS will be replacing the existing furlough scheme, further details of [...]
Employment law update - Job Support Scheme What is the Job Support Scheme? The Coronavirus Job Retention Scheme (CJRS), otherwise known as the “furlough scheme” will end on 31 October 2020 and will be replaced by the new Job Support Scheme (JSS), which will start on 1 November 2020 and continue until the end of April 2021. JSS is intended [...]
Teacher Stern is delighted to welcome four new trainee solicitors to the team today The four trainees will start their training in either the property or commercial litigation teams and be rotating across teams within the Firm every six months for two years. They will be gaining skills and expertise across legal specialisms including banking and finance, property litigation and [...]
Teacher Stern has been recommended as a top-tier firm with an elite Leading Lawyer in the Legal 500 2021 Teacher Stern is delighted to be recommended as a top-tier firm in 5 practice areas in The Legal 500 UK 2021 edition. The team are also celebrating Martine Nathan’s listing as a leading individual in the elite Leading Lawyers group. Martine [...]
Where there is a will… …there is peace of mind. If you do not have a will written, perhaps now is the time to decide what you would like done with your money and assets upon your death. Many of us shy away from thinking about our passing, however it is an important topic to address and discuss with our [...]
Inheritance tax - What is it and who pays it? Definition: Inheritance Tax: a tax on the estate, normally property, money and possessions, of someone who has died. Also known as IHT. The standard Inheritance Tax rate is 40%. It’s only charged on the part of your estate that’s above the threshold. Who pays: We are all allowed to leave [...]
