Rights to Spousal Support are Personal and Do Not Survive the Grave

Rights to Spousal Support are Personal and Do Not Survive the Grave In a landmark decision of interest to insolvency and divorce practitioners, the High Court has ruled that rights to financial support following divorce are personal in nature and do not survive the death of either spouse. The case concerned a divorce settlement that was approved by a judge nine days after the husband had been declared bankrupt. The husband had agreed to pay £48,000 a year in maintenance to the wife and their daughter and to repay over £1.4 million that he owed to the former. Due to the husband’s bankruptcy, however, the settlement was subsequently ruled void…

Employment Law – Autumn Statement Highlights

Employment Law – Autumn Statement Highlights Within the Autumn Statement there are a number of changes to employment law of which employers should be aware. These include: New Limits for Salary Sacrifice Schemes From April 2017, a number of salary sacrifice schemes will no longer attract tax and National Insurance (NI) advantages. The benefits provided through salary sacrifice schemes that continue to qualify for tax and NI relief will be limited to enhanced pension schemes, childcare, equipment provided under the cycle to work scheme and ultra-low emission cars. However, arrangements under salary sacrifice schemes that are already in place will be protected until April 2018. Removal of ‘Employee Shareholder’ Status…