Legal

The basis period reform, which is due to take effect from April 2023, will require sole traders and partners to be taxed based on profits during the relevant tax year, regardless of their current accounting periods. The changes are likely…

Compensatory damages are funds awarded to a plaintiff to cover the cost of damages, injuries, and other types of loss after an accident. These damages are awarded in a civil court when a loss occurs due to someone else's illegal conduct or…

Russian oligarch Alexei Mordashov, who owns a third of Europe’s biggest tour operator Tui and is its largest single shareholder, was added to the EU’s sanctions list on Monday night as Russia’s attack on Ukraine continues.

On Thursday, global stocks and US bond yields plummeted while the dollar, gold, and oil prices surged higher as Russian forces launched a full-scale invasion of Ukraine.

British banking giant Barclays is withholding bonus payments to former CEO Jes Staley who stood down last year amid an investigation into the details of his relationship with convicted sex offender Jeffrey Epstein.