inheritance tax planning

How To Use Trusts In Inheritance Tax Planning

Linkilaw Record Keeping & Taxes

The Person Without Any Tax Planning Loses… Everyday Of The Week Trusts have been a popular way to manage property and assets since the times of the Romans, and are considered a crucial part of clever tax planning. Simply put, trusts are a way to separate the legal ownership and control of a property from its equitable ownership and its …

inheritance tax

7 Things To Know About Inheritance Tax

Linkilaw Company Law, Record Keeping & Taxes

7 Things To Know About Inheritance Tax As Benjamin Franklin once famously declared, ‘in this world, nothing can be said to be certain, except death and taxes’. If there’s one thing in the world that perfectly embodies Franklin’s statement, that is the inheritance tax. Formally speaking, inheritance tax is an impost on the estate of someone who has died. Under …

Tax Law Tips For Freelancers

Linkilaw Record Keeping & Taxes

  Organising taxes can be a nightmare for many freelancers, but it’s one of the most important areas of your freelance business and one you don’t want to get wrong.   The last thing any freelancer needs is the tax man bearing down on his/her back because taxes were not reported properly. Filing and reporting taxes can seem like a …

Thinking of Hiring An Independent Contractor?

Linkilaw Record Keeping & Taxes

Hiring an independent contractor can be a confusing and daunting process for many companies. There are so many pros and cons, plus you may also be wondering whether or not you should hire a full-time employee instead of an independent contractor.   It’s important that you understand that there is a distinction between hiring someone as an employee and as …

The Ultimate Guide To Employment Contracts

Linkilaw Employee Regulations, Record Keeping & Taxes, Startup Advice & Tips

An employment contract is the 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 …

legal expert advice

Why Expert Legal Advice Should Be At The Top Of Your Priority List

Linkilaw Company Law, Record Keeping & Taxes, Startup Advice & Tips

If you’re the owner of a startup (or are just around the corner of becoming one), let us just say, congratulations. It’s a bold and impressive move, as well as a testament to your creativity, entrepreneurial spirit and the ability to think outside that tedious box. No matter how many, and how ingenious the cogs of your business mind, however, …

employee handbook

10 Reasons You Need An Employee Handbook

Linkilaw Company Law, Employee Regulations, Record Keeping & Taxes

For any forward thinking company, an employee handbook is of the utmost importance. Think of it like a corporate Bible, a piece of content that lets workers know what’s required of them. It’s the rule of law, a document that wrests control from the untamed masses, exerting corporate influence and order. Well, something like that. The handbook should detail your startup’s laws on …

business success

How To Take Your Business From Strive To Thrive

Linkilaw Marketing & Social Media, Motivation & Success, Record Keeping & Taxes, Startup Advice & Tips

In today’s world business success is certainly possible, but it’s not something that you can accomplish in a few hours per day. It takes hard work and perseverance, patience and good decision making – and that’s just for starters. Many people think that running a business is as easy as hanging an “Open” sign on the door. Thinking that way …

Closing down limited company

Closing Down a Limited Company – Solvent and Insolvent Closure

Linkilaw Business Structures, Company Law, Employee Regulations, Record Keeping & Taxes

Closing down a limited company is no small thing. Your company is an actual entity unto itself, and there are rules and regulations to be complied with, and multiple levels of tasks to completed. Of course, we want to stress that consulting with a corporate lawyer is one of the first things you’ll want to do – to make certain …