Article Category: Insight & Opinion

The Law Behind Car Parking – Leases and Rights for Landlords

It is often the case that when renting a property, the landlord will provide or allocate a car parking space to the tenant. The standard provisions in a car parking lease are often a source of dispute between landlords and tenants over whether parking spaces are permanently allocated, or whether they are capable of being… Read more »

How Would a Rise in Capital Gains Tax Affect Residential Properties?

Chancellor, Rishi Sunak, announced in his 2021 Budget that the Capital Gains Tax (CGT) rate would be left unchanged. From a property perspective, CGT applies to the profit made on the selling of buy-to-let properties and second homes. The threshold for CGT currently stands at £12,300, and the rate stands at 28% for higher rate… Read more »

The Uber Decision: Employment Status in the Gig Economy

Uber driver

Now that the dust has settled after the long-awaited judgment by the Supreme Court in the Uber case which was delivered on 19th February 2021, Jennifer Platt, Senior Associate in our Employment team, reflects on the implications of the decision for individuals and employers. Key Points of the Supreme Court’s Judgment The Supreme Court (“SC”)… Read more »

What is Parental Alienation?

Child upset with parents arguing in the background - is your child subject to parental alienation?

Separating couples who are unfortunately unable to maintain an amicable relationship may find putting the heartache and hostility aside difficult. Whilst many parents will try to detach themselves from these feelings to facilitate respectful co-parenting for the benefit of a child, there will be others that simply cannot look past the breakdown of the relationship… Read more »

Budget 2021: Business Rates Relief Extended Until March 2022

How does the extension of the business rates relief affect the commerical propert market?

Business rates represent one of the largest costs for businesses occupying commercial properties, many of whom have undoubtedly been acutely affected by the COVID-19 pandemic. With that in mind, the Government announced in its Spending Review that it had decided to freeze the business rates multipliers in 2021/2022, with the intention of benefitting and providing… Read more »

Budget 2021: Capital Gains Tax and Divorce

Capital Gains Tax (CGT) is payable on the disposal of an asset whether it is sold, gifted or whether you are ordered to transfer it as part of a court order. The “gain” is the difference in the value of the asset when it was acquired and its value when you dispose of it. In… Read more »

Budget 2021: Stamp Duty Holiday Extension and Mortgage Guarantee

Keys for new home - stamp duty holiday extension and mortgage guarantee scheme announced in latest budget

In an attempt to mitigate the effects of the COVID-19 pandemic, Chancellor Rishi Sunak announced an extension to the Stamp Duty Land Tax (SDLT) holiday, along with a new mortgage guarantee. Stamp Duty Land Tax (SDLT) Holiday Extension The stamp duty holiday on property purchases below £500,000 has now been extended for 3 months until… Read more »

Budget 2021: Impact on Your Estate

Desk with document titled inheritance tax

In the months leading up to the Budget, several rumours were circulating about the changes that would be made this year. Chancellor Rishi Sunak announced that inheritance tax and capital gains tax would remain the same, but what does this mean essentially and how does it impact making lifetime gifts and the value of your… Read more »

Budget 2021: Changes to Employment Law

what changes to employment law have been made to the Budget?

Following Chancellor Rishi Sunak’s Budget announcement, we outline the key points with regards to the changes to employment law. These include the furlough leave extension, hiring apprentices, Statutory Sick Pay and the National Living Wage. Furlough Leave Extension The current furlough scheme will now continue for a further five months until 30th September 2021 (instead… Read more »

Budget 2021: Capital Gains Tax and Corporation Tax on Businesses

Automatic extensions no longer granted by Companies House

Many experts had predicted that Chancellor, Rishi Sunak, would use the Budget as an opportunity to announce significant personal tax rises to address the dire state of the public finances following 12 months of Government intervention in the COVID-19 pandemic. However, personal tax rises were not forthcoming, though an increase to corporation tax was announced…. Read more »