ContractStore Legal Business Blog

This advice comes courtesy of Accountants Chantrey Vellacott

You may be aware that major changes are going to apply to capital gains tax from 6 April 2008.

People who have had to stop working due to ill health will soon be able to get early assistance from the Financial Assistance Scheme (FAS) according to an announcement by the

Lawyers’ fees account for 40 per cent of the cost of claims paid by motor insurers. In an interview on the BBC today, a representative of the insurers suggested that claimants who do not use a lawyer are likely to get a more generous settlement than those who do, and claims can be settled more quickly.

There should, of course, be a system that provides a fair and speedy resolution of claims. But the fault is not all with the lawyers.

Budget 2008 – how it will affect you

The Chancellor’s Budget includes confirmation of the cut in the basic rate of Income Tax to 20 pence from 22 pence, a delay to the planned increase in fuel duty, and measures aimed at tackling climate change.

Personal taxation

A number of changes announced in last year