March 2017 Archive

One year on from the hike in SDLT on additional properties: Common questions #2

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1 April 2017 marks a year since the introduction of the extra 3% stamp duty land tax (SDLT) on additional properties and purchases by companies. It is therefore a year since we saw a rush in transactions completing to avoid the extra SDLT that would have been payable had completion been after 31 March 2016. More …

SDLT surcharge on additional residential properties: Updated guidance

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Our SDLT expert looks at the updated guidance from HMRC. John Shallcross suggests that some areas may be misleading and confusing. If you are buying an additional residential home then make sure you read our latest blog. More …

SDLT 3% surcharge on inherited properties

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The 3% stamp duty land tax (SDLT) surcharge can now apply to additional residential properties including those inherited. More …

Freezing assets in matrimonial proceedings

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There is a duty of full and frank disclosure in financial remedy proceedings following the breakdown of a marriage. More …

English and Welsh grants of probate for non-domiciles

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The non-doms taxation reforms in 2017/18 mean that non-domiciled individuals owning property in the UK, whether in their own name or through a trust or company, will be subject to inheritance tax on that property. More …

What is unreasonable behaviour for divorce?

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What counts as unreasonable behaviour on a divorce petition? A recent case has challenged the no fault divorce law when a judge decided that what was being cited as unreasonable behaviour was not enough to grant a divorce. More …

Internet-enabled sex toy maker falls foul of data privacy laws to the tune of $10,000 per customer

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A $3.75m fine has been handed down to Canadian parent company, Standard Innovation, for secretly gathering personal information from users of the We-Vibe smart vibrator. This case highlights the risks for business and customers associated with big-data and the increasing inter-connectivity of our devices, known as the 'Internet of Things'. More …

Charities win at Supreme Court in claim against estate

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The Supreme Court has made a judgment on the case where Heather Ilott contested her mother's will after she left her entire estate to charities that she had no connection with. Here is an overview of the case. More …

Planning Briefing Paper – March 2017

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The House of Commons Library published a useful Briefing Paper - "Planning Reform Proposals." The paper draws together key planning reform measures taken and proposed since election of the Conservative Government in May 2015. More …

ATED: Time for returns, re-valuations and reviews

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When this new annual tax came in to force in 2013, it impacted residential properties worth over £2m. Over the years this value has decreased and from 1 April 2017 it will apply to properties worth over £500k. If you own a property through any type of company, this will most likely now impact you. More …