Can you still make a tax free payment under a settlement agreement?

Can you still make a tax free payment under a settlement agreement?

Often, we will get asked, can you still make a tax free payment under a settlement agreement? The answer to this question is not as simple as it used to be. Before April 2018, employers could offer their employees a termination payment of up to £30,000 tax free. Anything up to this amount was counted…

fixed term contracts

Fixed-Term Contracts: Your questions answered on worker’s rights

There are different types of fixed term contracts, but generally they are identifiable because they all have an end date for employment. Therefore, a fixed-term contract is a contract of employment which terminates on a specific date, on completion of a precise assignment/project or ends after a specific event. Usually fixed term contracts are used…

settlement agreement

What is a settlement agreement and when can I use one?

Employees benefit from immense legal protection under the statutory framework of UK employment law. Therefore, employers are often essentially made to go through rigid disciplinary, capability or redundancy dealings if they are to evade unnecessary claims in the Employment Tribunal and legal costs related with defending these proceedings. It is worth taking into consideration that…

landlords secret sub-let

Landlords: Are your tenants secretly sub-letting your property?

Sub-letting is becoming increasingly common in some cities. Landlords that choose to manage their own property may not know what to do if they find out their tenant is subletting in secret. MAR Legal has helped numerous landlords in and around Manchester, out of difficult situations involving challenging tenants. As house prices rise and continue…

lasting power of attorney

A Guide On How & Why You Should Make A Lasting Power of Attorney

Are you looking to make a Lasting Power of Attorney (LPA)? This guide explains what a Lasting power of attorney is, and how MAR Legal can help you create your LPA. A Lasting Power of Attorney is a document which appoints people you trust either from your family or friends, (called attorneys) to look after…

The types of Business contracts that MAR Legal can help you with

The types of Business contracts that MAR Legal can help you with

Legal Contracts are all over the place; we enter into contracts all the time without even knowing we did, for example, putting a coin into the coffee machine, going to the restaurant and taking your own food, buying a magazine, getting on a train. What is a contract? A contract is a legally binding agreement…

Rules about Sharia Law Wills | Manchester Sharia Law Compliant Wills

Rules about Sharia Law Wills | Manchester Sharia Law Compliant Wills

Regarding Sharia Law Wills, Islam says… It is the duty of a Muslim who has anything to bequeath not to let two nights pass without writing a Will about it.” (Sahih al-Bukhari) According to the Sharia Law in Islam, a Muslim with wealth is under a duty to write a will and he/she should not…

Is a shareholder agreement important for my new startup?

Is a shareholder agreement important for my new startup?

A shareholder agreement is a legal contract between the shareholders of a company. They can vary depending on what sort of business you run, but generally they share common aspects; outlining the business, the relationships, obligations and rights of the shareholders, as well as the distribution of shares amongst other details. With the number of…

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