Snippets

Queen’s Chain Historically, the term ‘chain’ has been used to express a unit of measurement in respect of land and distance. Coincidently, the “Queen’s Chain” describes the kilometres of Crown …

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Reckless Trading

The Companies Act 1993 (“the Act”) provides the framework that applies in respect of directors’ duties and reckless trading. The Act prohibits a director from allowing the business to be …

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The Bright-line Test

In 2015, the government introduced the “bright-line test”, a method which attempts to tighten the property investment rules. The bright-line test states that (subject to exemptions) any gain from disposing …

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