The scenario Here is a typical scenario – An SME business owner has found a new property on the market in their local town. The property is being offered on a freehold title basis and consists of a retail space at street level with a residential flat above. Both the flat and the retail space […]
More and more investors are buying properties within a company – but what’s the deal when it comes to getting a mortgage? Because of the punitive tax changes (due to Section 24 of the Finance (No.2) Act 2015) on personally-owned properties which are taking effect from April 2017, a growing number of investors are using […]
Welsh “SDLT”: Land Transaction Tax (LTT) Land Transaction Tax (LTT), which comes into effect on 1 April 2018 in Wales, replaces Stamp Duty Land Tax (SDLT), which is currently applied in England, Northern Ireland and Wales. Under the new system, the starting threshold for paying property tax will be £150,000 – compared with £125,000 […]
If you’re planning on growing your business, it’s possible you’ve thought about whether you could potentially sell your goods or services to people in other countries. But if those customers want to pay you in their home country’s currency rather than in yours (and you’re happy to deal with the unpredictability of exchange rates to […]
What is a Joint Venture? A joint venture (JV) is an alternative business arrangement in which two or more parties agree to pool their resources for the purpose of accomplishing a specific task. This may be a new project being entered into together or some other joint business activity. In this briefing note we examine […]
The Chancellor has set out a package of temporary, timely and targeted measures to support public services, people and businesses through this period of disruption caused by COVID-19. We have summarized below the key measures that have been announced by the Government in response to the COVID 19 crisis in support of UK businesses. Coronavirus […]
Given the major impact of the current situation on many businesses there is likely to be a major rush of funding applications for government support though the CBILS. In order to ensure your business gets funding as quickly as possible the quality and comprehensive nature of your application will be crucial. Below is a list […]