IR35 Everything freelancers need to know

IR35: Everything Freelancers Need To Know

Linkilaw Employee Regulations

New rules on how off-payroll consultants are treated are coming into force in April 2020, sending shockwaves to freelancers in all industries. Private sector employers who have seen this change coming have already taken steps to renegotiate working arrangements with their freelance workers; others are simply not aware of their new tax responsibilities. But if you’re an independent contractor or …

Tips for Legal Business Contract Negotiation

Tips for Legal Business Contract Negotiation

Linkilaw Startup Advice & Tips

Without the right negotiation skills, you risk damaging relationships with clients and running into losses. With the right skills, you stand to earn more revenue and reduce your business risks. Negotiating a profitable business deal is about creating opportunities and exchanging value. The wrong way to handle negotiations is by dominating and intimating others into accepting your terms. For long-term …

Common Startup Legal Mistakes And How To Avoid Them 2

Common Startup Legal Mistakes And How To Avoid Them

Linkilaw Startup Advice & Tips

As a startup owner, you are probably over the hill about getting the wheels of your game-changing new business idea in motion. While this is absolutely fantastic, such unbridled enthusiasm can make you forget about some arguably less exciting, yet very important legal issues. Negligence of the law (whether it’s intentional or not) can throw quite the wet blanket on …

Why Your Business Should Conduct An Annual Audit 3

Why Your Business Should Conduct An Annual Audit

Linkilaw Company Law

As a high-reaching business owner trying to keep up with the ever growing competition and customers’ demands, you probably like to cut corners whenever possible. If we’re right, then you may have frowned at the piece of advice from our title, but give us the benefit of the doubt for a second. While the benefits of conducting an annual audit …

Questions To Ask Before Splitting Equity

Questions To Ask Before Splitting Equity

Linkilaw Startup Advice & Tips

Splitting equity in a startup can be a sensitive topic. How much equity does each founder deserve? The answer to this question is usually different based on each founder’s perspective and, consequently, can be a cause of conflict. But, if you ask the right questions, it’s possible to divide equity in a way that feels fair and satisfactory to everyone. …

Does Your Business Have A Shareholders Agreement

Does Your Business Have A Shareholders Agreement?

Linkilaw Legal Documents

What is a Shareholders Agreement?  A shareholders agreement is a legally binding contract between the shareholders that complements your company’s Articles of Association.  It is a private confidential document that does not need to be filed at the Companies House but some terms of which must be replicated in your articles to be fully effective. The main purpose of the …

The Ultimate Guide To Employment Contracts 2

The Ultimate Guide To Employment Contracts

Linkilaw Employee Regulations

An employment contract is an agreement between an employer and an employee, defining the nature of their relationship, and their respective rights and obligations. This is a simple explanation that perhaps any reasonable person can produce. In practice, however, drafting and negotiating an employment contract can become a big hassle. The importance of such an agreement is hard to be …

IR35 Status Checklist

IR35 Status Checklist

Linkilaw Employee Regulations

IR35 refers to the tax legislation under which contractors working through an intermediary are taxed. The new IR35 changes come into force on 6th April 2020 and will be extended to the private sector to ensure that UK contractors pay the same tax and National Insurance contributions as an equivalent employee would. Awareness of the IR35 changes is key and …