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  • Article

    Employment Tax Update - September 2023

    This bulletin follows the release of the August Agent Update (Issue 111). This month the content most relevant to employment taxes and reward activities...
    United KingdomEmployment and HR
    Macfarlanes LLP
    Macfarlanes LLP
  • Article

    Removal Of The Statutory Cap On Unfair Dismissal: Implications For Private Capital Managers

    The Employment Rights Act 2025 represents one of the most significant overhauls of UK employment law in a generation. It covers a wide range of issues...
    United KingdomEmployment and HR
    Macfarlanes LLP
    Macfarlanes LLP
Article

Removal Of The Statutory Cap On Unfair Dismissal: Practical Implications For Businesses

The Employment Rights Act 2025 introduces sweeping changes to UK unfair dismissal law, removing the statutory compensation cap and reducing the qualifying service period to six months.
United KingdomEmployment and HR
Macfarlanes LLP
Macfarlanes LLP
  • Article

    FCA's Latest "Dear CEO" Letter On Asset Management Priorities

    Top of the FCA's priority list is to address the risk of investor harm in private markets. The FCA's concerns relate to the risks of reliance on valuations and poorly managed conflicts of interest.
    United KingdomFinance and Banking
    Macfarlanes LLP
    Macfarlanes LLP
  • Article

    Investing In Infrastructure: Navigating Complexity And Dependencies

    Infrastructure assets require years of complex development work before institutional capital can be deployed. Grid access has emerged as the primary bottleneck, replacing capital availability...
    United KingdomFinance and Banking
    Macfarlanes LLP
    Macfarlanes LLP
  • Article

    New Rules For Financial Promotions For High Net Worth Individuals And Sophisticated Investors

    The Treasury has confirmed final rules which impact both authorised and unauthorised firms making financial promotions in reliance on exemptions...
    United KingdomFinance and Banking
    Macfarlanes LLP
    Macfarlanes LLP
  • Article

    The Supreme Court's Ruling On The Johnson Car Finance Case Lifts The Bonnet On The Distribution And Manufacture Of Retail Financial Services

    Buying a first car is a milestone most people don't forget. Yet, when Mr Marcus Johnson bought his first car - a second-hand Suzuki Swift - from a Cardiff dealership in 2017...
    United KingdomFinance and Banking
    Macfarlanes LLP
    Macfarlanes LLP
  • Article

    The New British Library Case - The Difference between Insuring and Ensuring

    United KingdomInsurance
    Macfarlanes LLP
    Macfarlanes LLP
  • Article

    EU Settlement Scheme: Home Office Confirms Process To Remove Pre-settled Status For Non-UK Residents

    The Home Office has introduced a formal process to remove pre-settled status from EU Settlement Scheme holders who no longer meet continuous residence requirements.
    United KingdomImmigration
    Macfarlanes LLP
    Macfarlanes LLP
  • Article

    Legal Services Prohibition And General Licence

    UK Government issues Russia legal services prohibition followed by General Licence to permit compliance advice.
    United KingdomInternational Law
    Macfarlanes LLP
    Macfarlanes LLP
  • Article

    UK Announces New Sanctions Agency – OTSI – To Launch In 2024

    On 11 December 2023, the UK government announced the creation of the Office for Trade Sanctions Implementation (OTSI) as part of the Department for Business and Trade.
    United KingdomInternational Law
    Macfarlanes LLP
    Macfarlanes LLP
  • Article

    Such Other Sum As The Adjudicator May Decide – A Breach Of Natural Justice?

    The Technology and Construction Court's decision in Clegg Food Projects Limited v Prestige Car Direct Properties Limited [2025] EWHC 2173 (TCC)...
    United KingdomLitigation, Mediation & Arbitration
    Macfarlanes LLP
    Macfarlanes LLP
  • Article

    More Than Just A Game? Crypto-Powered Fantasy Football Platform Sorare Faces Legal Battle Over Alleged Unlicensed Gambling In The UK

    Sorare faces legal action from the UK Gambling Commission for allegedly offering unlicensed gambling via its NFT-based fantasy football platform. The outcome could reshape regulations for digital gaming and online sports, with a trial scheduled for June 2025.
    United KingdomMedia, Telecoms, IT, Entertainment
    Macfarlanes LLP
    Macfarlanes LLP
  • Article

    Balancing Act: What The Data (Use And Access) Bill Means For Businesses

    The UK's Data (Use and Access) (DUA) Bill aims to ease data processing for UK businesses by introducing modest reforms to GDPR-like rules, including relaxed provisions for automated decision-making, scientific research, and cookie consent. However, dual UK-EU compliance remains necessary.
    United KingdomPrivacy
    Macfarlanes LLP
    Macfarlanes LLP
  • Article

    Back Leverage - A Deep Dive

    Back leverage allows CRE lenders to borrow from third parties to finance loans for real estate investments. Key structures include "loan-on-loan" and repurchase agreements, offering portfolio diversity and risk management for investors and lenders.
    United KingdomReal Estate and Construction
    Macfarlanes LLP
    Macfarlanes LLP
  • Article

    Death Of The Retention?

    The Government has announced plans for the most ambitious legislation in over 25 years to tackle late payment, including the abolition of retentions under construction contracts.
    United KingdomReal Estate and Construction
    Macfarlanes LLP
    Macfarlanes LLP
  • Article

    Washed-Up? Property Law Reform Post-Parliamentary Dissolution

    Following the Prime Minister's election announcement, Parliament was dissolved, impacting property reform progress. Key legislation like the Leasehold and Freehold Reform Act 2024 passed, while others await post-election continuation, reflecting bipartisan housing priorities.
    United KingdomReal Estate and Construction
    Macfarlanes LLP
    Macfarlanes LLP
  • Article

    Need To Know: Overview Of The Tribunal Process

    Navigating tax disputes can be a complex and daunting process. This "need to know" series sheds light on the essential elements.
    United KingdomTax
    Macfarlanes LLP
    Macfarlanes LLP
  • Article

    Statutory Residence Test: HMRC "Prevented" From Denying "Exceptional Circumstances"

    Share In the latest round of the A Taxpayer v HMRC [2025] EWCA Civ 106 litigation, the Court of Appeal has restored the earlier decision of the First-tier Tribunal (FTT)...
    United KingdomTax
    Macfarlanes LLP
    Macfarlanes LLP
  • Article

    Tax Disputes Newsletter - January 2026

    Last January we wrote about how everything felt a bit "déjà vu" – with Trump about to enter the White House for a second term, and an optimistic Labour government still riding off a landslide victory
    United KingdomTax
    Macfarlanes LLP
    Macfarlanes LLP
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