Residential service charges: business briefing This business briefing explains what a service charge is, when consultation is required, what the penalties are for failing to comply with the consultation requirements and what the time limits are for making service charge demands…
Relief from capital gains tax on incorporation of a business Taxpayers that actively manage their property lettings and wish to incorporate their business will welcome a recent decision in the Upper Tribunal (Tax Chamber). The Upper Tribunal determined that the…
Permitted development rights in relation to business premises This business briefing sets out the recent changes to the planning laws that have increased permitted development rights in relation to business premises and the re-use of existing buildings. What is permitted…
Business rates exemptions – empty non-domestic property This business briefing sets out the exemptions from business rates for non-domestic properties. Retail property 100% relief for a continuous period of three months only. Changes of ownership during the three-month period do…
The negative stance of most mortgage companies regarding funding investment into properties with a short lease creates great difficulties for investors and apartment owners alike, who find their property declining in both value and saleability. If purchasers cannot secure the…
