The Building Safety Act 2022
This act was implemented in response to an independent review of the Grenfell Tower fire and focuses on the structural and fire safety of residential buildings, more specifically high-rise buildings, from the point of construction to the responsibilities during occupation.
Second home owners and council tax
From April 1st 2024, the UK government announced that if you own a second home and it has been empty for a long period of time, you may be liable to pay 100% more in council tax. Homeowners of second homes in the UK have always had to pay extra council tax however, under previous […]
Inheritance Tax – NRB and RNRB
Inheritance Tax (IHT) is chargeable on the assets of a deceased person. The standard rate of IHT is currently 40%.
Trust Registration
Since 2017, it is a requirement of HM Revenue and Customs (HMRC) that express trusts, which have a liability to income or capital gains tax, are registered with the Trust Registration Service (TRS). The reason for HMRC bringing in such a requirement is to streamline their record-keeping of trusts in the UK and limit the risk of money laundering and financial offences taking place through the use of trusts.
New Costs of Civil Litigation
From 1st October 2023 a new Fixed Recoverable Costs regime (FRC) came into force following a consultation on Sir Rupert Jackson’s 2017 Report. The FRC extends across the fast track (cases valued up to £25,000 that will last no longer than a day) and a new intermediate track for simpler cases valued between £25,000 and […]
Latest guidance on leasehold reform
Latest guidance on leasehold reform and what this could mean for the future (Nov 2023). This article discusses the Leasehold and Freehold Reform bill for England and Wales from King Charles’ speech on 7th November 2023. First of all, we must understand what it meant by a leasehold estate. A leasehold estate is where a […]
Advice on Joint Property & Inheritance
It should be a priority of anyone who owns property such as, a house or flat, or has money in a bank account or other investments, to make a Will and to keep their Will regularly updated.
Diversity Survey
In accordance with the requirement of our regulator, the Solicitors Regulation Authority, we conduct a formal diversity survey throughout our firm, every two years, based on their questionnaire.
