Today the Government have announced there will be new legislation in divorce law. This new law will update the Matrimonial Causes Act 1973 in due course. It will mean that, in the future when the legislation comes into force, divorcing couples will no longer have to ‘blame’ each other for the breakdown of their marriage. It is hoped the new law will help reduce family conflict.
Restructuring and reorganisations
We can help document the transfer of businesses, employees and assets between group companies and between shareholders. There can be complex and hidden tax implications of reorganisations and we can work with you and your advisors to get the necessary tax clearances and the right structure for you going forwards.