Legal Updates for Business and Contract News Blog

Covid-19 Return to Work – More Questions than Answers for Employers

Covid-19 Return to Work – More Questions than Answers for Employers

The Government’s recent announcement that employees who cannot work from home should return to work has given rise to more questions than answers. Without specific legislation in place, employers, HR professionals and their advisers need to turn to existing legislative and contractual principles for answers. In brief, where an employer is keen and able to reopen its business, we have here some steps to take to protect yourself and employees.

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Furlough Scheme Update

Furlough Scheme Update

Within a few days of publishing our Furlough Letter Template, the Government has made some changes to the Coronavirus Job Retention Scheme and HMRC have confirmed that they will be accepting claims from next Monday,

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Attending To Your Business Health During Lockdown

Attending To Your Business Health During Lockdown

For those of you whose business is now quieter than usual, you could consider using the time to do some housekeeping and take care of some of the things you never normally get around to. For example, you could run a check to see your website is legally compliant and that you have the Ts & Cs you need for when we come out of quarantine (or while we are in it).

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UK Announces Sick Pay Reimbursement for SMEs

UK Announces Sick Pay Reimbursement for SMEs

The Chancellor has announced plans in the March 2020 budget that the government will reimburse small employers (meaning those with less than 250 employees) for statutory sick pay paid out to employees for the first 14 days of sickness.

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Employment Policies Collection just published

Employment Policies Collection just published

ContractStore has collated five employment policies into a single document for you to download.  The Employment Policies Collection contains the following : E-mail and Internet policy Travel Expenses policy Health & Safety policy Equal Opportunities

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Who am I Dealing With? Due Diligence & Credit Checks

Who am I Dealing With? Due Diligence & Credit Checks

As a supplier you should always check out the companies/people you are dealing with. Are they reliable and established? You don’t want to get caught out by insolvency or even fraud. You should also carry out a check on the financial soundness of your customers. We recommend you have a process in place. Create a form and send it to potential customers to complete, authorising you to get bank, credit and trade references. Here we have full details of what you can do to ensure you are setting up a relationship that works well and lasts a long time.

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Why Do We Need Contracts – and What to Include?

Why Do We Need Contracts – and What to Include?

Every business transaction involves a contract, and generally speaking, unless the transaction is an over-the-counter sale, it is much safer to put the terms in writing.  As Nobel prize winner, Oliver Hart says in the quote on our homepage: “From shopping in a store to running a corporation, contracts and agreements matter everywhere.”

Whilst it is tempting to agree terms of a transaction on the basis of a handshake or an email, a canny buyer or supplier should always ensure that they have entered into comprehensive terms which cover the key aspects of the deal.  Contracts are the glue that seal the relationship between a business and its customers or clients and provide certainty. Good contracts make great relationships! Here we cover in-depth what you need to know.

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How to Deal with Lawyers

How to Deal with Lawyers

Here at ContractStore we want you to be able to protect your business effectively for less. We publish contract templates so you can understand what to think about in business dealings, but we always encourage

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