TLT LLP

This week at TLT: 🤝Clare Grice former head of pensions at Mills & Reeve, has joined as partner in our pensions team. She joins alongside senior associate, Fiona G., and together they will work closely with our national pensions team and continue growing our leading national practice. Read more on our website: https://lnkd.in/eMHUR4GC 👨💻 Head of FutureLaw James Touzel spoke at the British Legal Technology Forum, discussing 'Navigating the AI Array: Overcoming Decision Paralysis' on the Thomson Reuters Insights stage. Read his thoughts about choosing the right generative AI tool for you in this post: https://lnkd.in/eNTSKztb ❓ How do you use a Non-Disclosure Agreement (NDA) effectively, and what do you do if a breach occurs? Tori Lewis and James Roche discuss the rise of the NDA in this article, on our website: https://lnkd.in/eKRjFcpy 💻 We have advised the shareholders of test automation software provider, Trinitatum, on a majority investment from Literacy Capital. In a deal led by Ian Roberts, the new partnership will further expand and help Trinitatum respond to the inbound approaches received from new international customers. Read more on our website: https://lnkd.in/ezNDPDJv 💷 What are an Employee Ownership Trust's financial commitments, during the transition stage and beyond? Our employee ownership team discusses this in the latest article in our 'Employee Ownership Trusts: Looking to the Future' series, on our website: https://lnkd.in/edcTTVAM 🏢 Amy Stokes, Victoria Wenn and Catherine Roylance (née Lamb) discuss the government's responses to the consultation on the Employment Rights Bill, and the amendments proposed, on our website: https://lnkd.in/e7j9CySK

🏡 On the 3rd March 2025, we saw the release of the Commonhold White Paper: The proposed new commonhold model for homeownership in England & Wales’. Patrick Sheehan and Felicity Marsden discuss the white paper, its impact, and key considerations for lenders in their latest article: https://lnkd.in/eBgNdsjf

💷 Join our SIPP and SSAS Festival 2025 from 24-27 March as we discuss the latest industry developments relevant to SIPPs and SSAs.   In this series of webinars, our SIPP and SSAS experts and guest speakers will be exploring hot topics including: • Fraud and financial crime in pensions and financial services regulatory update • Appealing HMRC assessments - tax update for SIPP and SSAS • The General Code and key considerations for SSASs • Tech and AI in SIPP and SSAS Learn more about the festival and sign up to these sessions on our website: https://lnkd.in/ewwbWPHk

🏔🚶♀️Last weekend colleagues from our Birmingham office got together to complete a hike across the Lickey Hills and Waseley Hills in the West Midlands to raise money for Smart Works Charity. Smart Works are a charity who support unemployed women across the UK who need help getting into work. Well done to all who took part! With: Roger Potgieter, Rebecca Jones, Kieran Brehany, Michelle Tickle, Tiffany Johnson, Seth Kirby, Izabella Rushton.

Partner Andrew Ryan takes a closer look at a key takeaway from the seminal decision in Finch and the implications of relying on environmental consent that is granted whilst the law is still in flux. The law around EIA and other environmental assessments is constantly developing, and if an important issue is moving through the courts, such as that considered in Finch, developers must closely monitor those cases and consider the implications of a change in the law on their proposals. Read the full update here: https://lnkd.in/eeYw3znG

What are an Employee Ownership Trust’s financial commitments during the transition stage and beyond? Our employee ownership team shares their thoughts in the latest article in our ‘Employee Ownership Trusts: Looking to the Future’ series. The team answers key questions, including: • Is it important for the trustees to obtain an independent valuation? • How do the EOT trustees typically fund the EOT’s financial commitments? • What are the EOT’s financial commitments after the transition stage? Read the full article on our website: https://lnkd.in/edcTTVAM You can catch up with the rest of the series on our website, including articles on: 🧍 Incentivising employees in an EOT: https://lnkd.in/e9_Xc-5u 🤝The vendors’ capital gains tax relief on the sale to an EOT: https://lnkd.in/eAfTr2R2 And if you’d like to learn more about the extensive experience of our employee ownership team and how they can help you, visit our employee ownership hub: https://lnkd.in/eyvk828t

🤝 We have advised the shareholders of test automation software provider, Trinitatum, on a majority investment from Literacy Capital. 📈The new partnership will further expand and help Trinitatum respond to the inbound approaches received from new international customers. Our team was led by partner Ian Roberts, with support from senior associate Kirsty Wilson and managing associate Nicola Bilner in the corporate team. The deal also required cross-practice support from legal director William Ngan and associate Tom Little in the firm’s tax team, partner Elizabeth Cotton and senior associate Katie Barclay in the employment team, managing associate Paul Brock in the banking team and managing associate Julie Nixon WS in the Commercial team. 👉Read more on our website: https://lnkd.in/e9U2sHg7

Labour’s budget confirmed sweeping reforms: Capital Gains Tax anti-forestalling rules now apply to disposals straddling 30 October 2024, BEPS Pillar Two mandates a 15% global minimum tax for multinational companies, and the “non-dom regime” will be abolished on the 6th of April 2025.     HMRC is also recruiting 6,800 more staff to monitor compliance including a focus on offshore trusts and debt management, we will no doubt see even more tax disputes throughout 2025.     Find out everything you need to know about tax disputes in our Tax Disputes Outlook report: https://lnkd.in/e_y_qTeP  

The Procurement Act 2023 came into force on 24 February 2025. Revamping the UK public procurement regime, it also enhances the rules on excluding suppliers from future public procurement. In this article, we explore the circumstances in which suppliers may face exclusion and debarment on competition grounds, and reiterate the importance of competition law compliance. Read the full article on our website: https://lnkd.in/e6atugMg With Calum Ross, Stuart Murray, Claire Brady and Alisha Muhmood 

📚 At the end of 2024, the government opened several consultations on key aspects of the Employment Rights Bill. Amy Stokes, Victoria Wenn, and Catherine Roylance (née Lamb) summarise key points from the government’s responses to the consultations and the Amendment Paper setting out proposed changes to the Bill, including proposals relating to: • Collective redundancy and fire and re-hire • Agency workers and zero hours contracts • Industrial relations • Statutory sick pay • Umbrella companies • A new Fair Work Agency Read the full article on our website: https://lnkd.in/e7j9CySK