How do you know the difference between an employee and an independent contractor?

Many businesses have a mixture of employees and contractors working for them, especially if the business is in a growth stage. But knowing how to classify your workforce is vital if you want to avoid costly legal implications for your business. 

This article highlights 11 important differences between employees and independant contractors that will help you identify what type of contract they should be on.

Convertible loans are way for early stage companies to raise money from investors, usually ahead of a full funding round. Investors benefit by getting a discounted rate on their converted share price as a result of investing early in the company, whilst the company is able to secure investment without immediately giving away large amounts of equity.

Are you doing business in the UK through a UK company but resident overseas?

Could a Legally-Qualified, UK-Resident Nominee Director smooth your path to earning £pounds? you?

If you live outside the UK, but do business here (e.g. export/ import, cross-border services), you may be thinking of forming, or already have, a UK-registered company, to make transactions and regulation simpler following Brexit.  At all times from its formation, a UK-registered private limited company must have (at least) one director (a public limited company must have at least two directors).  The director’s details will appear on the public register, and he or she will be responsible for carrying out all the legal duties to the company and complying with legislation including regular reporting requirements.  Shareholders appoint and can remove directors.  

Rules for tenants with pets are changing. The government is introducing a new standard tenancy agreement to avoid landlords setting blanket bans on tenants with pets. So what do the changes mean for landlords and tenants?

Until now, a mere 7% of landlords have advertised pet-friendly accommodation, according to www.gov.uk. This leaves many tenants unable to own a pet, or even having to give up their furry friends if moving to a property that bans animals.

From now on, the rules laid out in the new model tenancy agreement aim to balance the right of tenants who want to own pets with the risks to landlords.

Now that the UK has left the EU, it is no longer governed by the European General Data Protection Regulation (GDPR). Many businesses will have questions around GDPR and Brexit now that the transition period has ended.

To replace GDPR after Brexit, the UK has introduced their own data protection regulations, the United Kingdom General Data Protection Regulation (UK-GDPR). This took effect from 31 January 2020.