Case studies

"A lot of the work that I do is historic-the maximum sentences change at different points of time. It's really complicated and people get it wrong all the time. That's when having a timeline is really useful."

1 High Pavement

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GLOSSARY

Primary Threshold definition

Published by a LexisNexis Pensions expert

What does Primary Threshold mean?

The minimum level of weekly earnings on which an employed person pays National Insurance contributions. It is the weekly equivalent of the standard personal allowance for income tax.

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Tax and other rates which are relevant to share incentives

Tax and other rates which are relevant to share incentives This Practice Note sets out the key UK tax rates, thresholds and allowances. This Practice Note is intended as a quick reference guide, not a comprehensive resource. It covers the main rates, thresholds and allowances for UK resident individuals and companies. For more historical and further information on rates, thresholds and allowances, see: Whillans's Tax Tables. For more general information on tax rates outside those most relevant to share incentive lawyers, see Practice Notes: Key UK tax rates, thresholds and allowances and Key UK tax rates, thresholds and allowances for Private Client. Income tax Income tax rates for individuals For participants in share incentives, the following income tax rates and bands will apply: Rate 2024–25 2025–26 Starting rate and limit for savings income only Rate: 0%Limit: £5,000* Rate: 0%Limit: £5,000* Basic rate Rate: 20%Band: £0–£37,700 Rate: 20%Band: £0–£37,700 Higher rate Rate: 40%Band: £37,701–£125,140 Rate: 40%Band: £37,701–£125,140 Additional rate Rate: 45%Over £125,140 Rate: 45%Over £125,140 *These bands...

Hungary merger control

Hungary merger control A conversation with Zoltán Barakonyi, partner, and Márton Horányi, partner, at Hungarian law firm Hegyme-gi-Barakonyi and Fehérváry Baker & McKenzie on key issues on merger control in Hungary. NOTE—to see whether notification thresholds in Hungary and throughout the world are met, see Where to Notify. 1. Have there been any recent developments regarding the Hungarian merger control regime and are any updates/developments expected in the coming year? Are there any other ‘hot’ merger control issues in Hungary? The last major overhaul of the Hungarian Competition Act happened in 2023, as a result of several amendments to the Competition Act in early 2023 (1 January and 1 February) and 1 September 2023. The amendments introduced the following key changes: • The notification thresholds have been increased. • Below-threshold transactions can be notified voluntarily and the GVH can investigate below-threshold transactions within six months from closing. • The daily maximum fine for early implementation (gun jumping) has been increased. • The...

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