SDLT Avoidance Schemes challenged by HMRC
Her Majesty’s Revenue & Customs is to mount a court challenge to stamp duty tax avoidance schemes set up for home buyers to exploit a loophole in the law. The taxman’s move follows this year’s Budget when the Chancellor announced that he would be clamping down on stamp duty avoidance. HMRC have estimated that the […]
69 Marina, St Leonards-On-Sea, Freeholders of v Oram & Anor [2011] EWCA Civ 1258 (08 November 2011)
Introduction This case will be of real interest to tenants and landlords on the question of costs following a determination by the Leasehold Valuation Tribunal as to the amount of service charges payable by the tenants. In effect the dispute was as to two distinct clauses in a lease. Background The property had been converted […]
Law Society agrees new governance arrangements with Solicitors Regulation Authority.
The Law Society and the Solicitors Regulation Authority (SRA) have announced that there are new arrangements in place for the governance of their ongoing relationship. Law Society President, John Wotton says: "It’s vital for the profession and the public that the Law Society and the Solicitors Regulation Authority (SRA) cooperate to work effectively and efficiently […]