Subjects:

Company Law

Contents:

Starting a Business

Introduction to common forms of Business Organisation

Introduction to the Company

Running a Business as a Company Limited by Shares

Why, and How to, Form a Company

The Company's Constitution

Members and Meetings

Directors

The Company Secretary

The Auditor

Electronic Communications by Companies

Financing a Company: Shares

Financing a Company: Debt

Security for Loans: Debentures and Charges

Running a Business as a Partnership

The Start of a Partnership

The Partnership Agreement

Partners' Responsibilities

Liability for Firm's Debts

Dissolution

Limited Liability Partnerships

Insolvency

Corporate Insolvency

Personal Insolvency

Taxation

Calculation of Trading Profits of a Business

Taxation of Companies: Corporation Tax

Taxation of Companies: Special Provisions relating to Companies

Taxation of Sole Traders

Taxation of Partnerships

Taxation of Employees and Directors

Taxation of Savings and Investment Income

Business Reliefs from CGT and IHT Available to Individuals

Choosing the Form of Business Organisation

General Considerations: Liability

Tax Considerations in Choice of Medium

Conversion and the Immediate Implications

Some Aspects of Trading

Sale of Goods

Employment and Other Regulatory Concerns

Introductions to Agency and Distribution Agreements

Choosing a Marketing Agreement

Competition Law

Appendices

Business Law and Practice provides a detailed guide to the forms of business organisation most commonly encountered in practice, examining their internal concerns, their relationships with outsiders and a broad overview of their possible tax liabilities. As such, the book provides a comprehensive and practical introduction to advising businesses, whatever their structure.

This edition has been revised to take account of the changes brought in by the Companies Act 2006, including the new duties imposed on directors. The emphasis is on those provisions due to come into force by October 2008. The DTI’s implementation timetable is included, as is a table indicating the destinations of the commonly used sections of the 1985 Act. The Income Tax Act 2007 and proposed changes to income tax and capital gains tax contained in the Finance Bill 2008 are also covered.