New IR35 changes

New IR35 changes: how they will impact your business

Linkilaw Record Keeping & Taxes

On July 2019, the government published the Draft legislation for Finance Bill 2019-20. Among other tax measures, this document introduces important changes to the operation of the off-payroll working rules, also known as IR35. What is IR35? IR35 refers to the tax legislation under which contractors working through an intermediary are taxed. IR35 legislation was introduced to ensure that UK …

4 Legal Challenges for E-commerce Businesses

Legal Challenges for E-commerce Businesses

Linkilaw Business Structures

Slowly but surely, e-commerce sales are slowly taking over an area that has traditionally been dominated by physical analogue stores. This trend has been attributed to factors such as easier access to the internet and cheaper mobile phones. As we continue with what will prove to be an interesting transition, online sellers should recognise and familiarize themselves with the legal …

UK confirms legal status of crypto-assets and smart contracts

UK confirms legal status of crypto-assets and smart contracts

Linkilaw Legal Documents

The UK Jurisdiction Taskforce (UKJT), a taskforce of the UK’s Lawtech Delivery Panel, has published an expert legal statement recognising crypto-assets as property and smart contracts as enforceable agreements under English law. The adoption of crypto-assets and smart contracts was being held back due to uncertainty over their legal status, so this statement is crucial for this fast-growing sector of …

White Paper on Regulation of the Fourth Industrial Revolution

White Paper on Regulation of the Fourth Industrial Revolution

Linkilaw Legal News

Are you a startup founder trying to innovate? Keep reading because we have news for you! In June 2019, the Government presented the White Paper on Regulation of the Fourth Industrial Revolution to make sure regulations are keeping up with innovation. Driverless cars, devices such as e-cigarettes or Artificial Intelligence applications for early diagnosis and treatment of health issues are …

What’s A Director’s Service Agreement _

What’s A Director’s Service Agreement?

Linkilaw Legal Documents

What’s A Director’s Service Agreement?  A director’s service agreement is a crucial document: It sets out various rights and obligations that arise as a result of appointing a director. While having such an agreement is not a legal requirement, it creates certainty for the director and the company, allowing both parties to be protected in situations of dispute or disagreements. …

Data protection risks of Artificial Intelligence

Artificial Intelligence & Data Protection: How to stay compliant

Linkilaw GDPR

Over the last few years, we’re seeing how applications of Artificial Intelligence (AI) are starting to permeate many aspects of our lives.  If used well, Artificial Intelligence has vast potential to make organisations more efficient, effective and innovative. However, AI also raises significant data protection risks and compliance challenges for organisations. For this reason, the Information Commissioner’s Office (ICO) has …

properly protecting my personal assets

Am I Properly Protecting My Personal Assets?

Linkilaw Business Finance

Sometimes, when starting a new business, the boundaries between personal and business lives are so blurred it is hard to separate the two. However, it is always important for you, as a company owner, to keep your personal and business assets separate. Asset protection is about protecting your personal wealth from the threat of business liabilities, which can be a …