When one is preoccupied with the everyday running of a business, or with the one-off opportunity of selling it, it is easy to overlook the importance of securing business property relief (BPR) – but this can be a hugely valuable relief against inheritance tax says partner Jenifer Gillman. 

Retention of title clauses (ROT clauses) are commonly included in standard terms of business. They provide that ownership of goods only transfers to the buyer once he has paid for them. But how effective are such clauses? 

In January, Nick Clegg announced plans to introduce sweeping changes to our much-criticised libel laws. If the new legislation (currently being drafted) is passed, it could become harder for a company to sue to protect its hard-earned reputation from being defamed.

A small change contained in the Companies Act 2006 relates to the publication of directors’ addresses. Previously, every company director was obliged to provide Companies House with his home address, which then appeared on the public record. As well as opening the way to copious junk mail, this carried more sinister risks for those working in sensitive industries and occupations.

It is a fundamental principle of law that a company should, except in limited circumstances, maintain its share capital.