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Legal update

Changing the way termination payments are taxed

HMRC publishes its proposals for the 'Simplification of the tax and National Insurance treatment of termination payments: government response and consultation on draft legislation'.
03 October 2016

Legal update

Raising the Standard: ISO standard for anti-bribery controls

This briefing looks at the draft standard and how it may help in being able to demonstrate “adequate procedures” under the Bribery Act 2010.
30 September 2016

Press release

Burges Salmon advises Bluefield on £217m solar portfolio refinancing

Burges Salmon has advised investment company Bluefield Solar Income Fund on the £217 million refinancing of a portfolio of solar parks onto a long-term whole-business style debt platform.
29 September 2016

Legal update

HMRC ordered to suspend penalty for inaccuracy in tax return

In Eric Eastman v HMRC [2016] the First Tier Tribunal ruled that HMRC was unreasonable to refuse to suspend a penalty for a careless inaccuracy in a taxpayer's self-assessment return.
29 September 2016

Legal update

Little change in rules for Pension Protection Fund levy 2017/18

The PPF proposes minor change to the levy rules for 2017/18. Meanwhile, as it warned, it is looking more closely at the value of contingent assets and may now reject some it recognised in the past.
29 September 2016

Legal update

Construction contract drafting in a post-Brexit world: change of law clauses

Brexit sent shockwaves through the construction sector. Now the dust has settled we look at how change of law clauses may be drafted and negotiated differently.
28 September 2016

Legal update

Does the Thames Tideway Tunnel show the way for post-Brexit infrastructure funding?

Brexit raised concerns about the future funding of infrastructure. We consider whether the innovative Thames Tideway Tunnel funding model shows the way for the delivery of other projects.
28 September 2016

Legal update

The Project Bank Account: permanent fixture or passing trend?

During economic uncertainty, the construction industry (and government) often looks for ways to alleviate common payment problems on projects. Are Project Bank Accounts part of the answer?
28 September 2016

Legal update

Costs in adjudication: can you recover using the Late Payment Act?

Does the Late Payment of Commercial Debts (Interest) Act 1998 provide a way of claiming costs in adjudication? The recent case of Lulu v Mulalley has reignited debate.
28 September 2016

Legal update

NEC3 Activity Schedules: get them right or suffer the pain

Activity Schedules under the NEC3 forms of contract – there's more to them than meets the eye. A failure to understand their subtleties can lead to confusion and serious cash flow implications.
28 September 2016

Legal update

Is domestic arbitration set for a resurgence?

Domestic arbitration has been overtaken by adjudication and the efficiency of the TCC. With uncertainty over Brexit and the increased cost of litigation is arbitration set for resurgence?
28 September 2016

Legal update

All change for the UK Takeover Code

Market participants may need to give even more significant thought to the employment and pensions aspects of takeovers in the UK.
28 September 2016
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