Importantly, your appointed attorneys can only act if you lack mental capacity — but when that point is reached, having the right people legally empowered to speak for you can make a profound difference. A properly drafted health and welfare
More about Why a health and welfare Lasting Power of Attorney (LPA) is just as important as one for finance and propertyPlease note that this article only considers VAT issues in relation to overage payments – there are other tax issues which also need to be considered, which are beyond the scope of this article. Key Takeaways For housebuilders, overage can
More about Clarified guidance from HMRC on VAT treatment of overageOn 22 April 2025 Sridhar Venkiteswaran, a judgment creditor, made written demand on the company for payment of its debt to him. That prompted the company to go into administration under Sch B1 para 22 Insolvency Act 1986 on 28
More about Kession Capital LtdHe rejected the bankrupts’ case that their daughters, Bishnupriya and Nayantara, were the beneficial owners of three flats forming part of the property, holding that the evidence overwhelmingly supported the trustees’ case. The bankrupts’ daughters were not parties to the
More about Bhattacharya v ArmstrongGovernment had initially consulted on 2 options in relation to retention reform as part of its wider aims to improve late payment practices generally. Option A – to prohibit retention clauses and Option B – to allow the continued use
More about Retentions: going, going… gone?The case in brief A couple divorced after a long marriage of nearly 30 years. The wife had been a full time homemaker throughout the marriage. The husband was a senior figure in private equity, with complex remuneration including carried
More about Divorce, private equity and fairness: what the Court decided in ED v AP (2025)What is ATED? ATED is an annual tax payable by ‘non‑natural persons’, such as companies, corporate partnerships and collective investment schemes, that own UK residential property valued at more than £500,000. ATED was introduced in April 2013, and its original
More about Increases to Annual Tax on Enveloped Dwellings (ATED) announcedOne of the most significant reforms taking effect from 1 May 2026 is the abolition of all new fixed‑term residential tenancy agreements. Every tenancy will convert to, and every new tenancy will be, a periodic tenancy with no fixed end
More about SDLT and the Renters’ Rights Act: the compliance risk few tenants expect1 April 2026 1) National Minimum Wage From 1 April 2026, national minimum wage increases will take effect as follows:- Minimum Wage change Apprentices Increase from £7.55 to £8 per hour Under 18 years old Increase from £7.55 to £8
More about Annual changes to compensation limits, statutory payments and National Minimum WageIn March 2024 the Secretary of State for Business and Trade brought disqualification proceedings under s 6 against Alexander David Greensill in connection with the insolvencies of Greensill Capital UK Limited and its subsidiary, Greensill Limited. Both companies were part
More about Secretary of State for Business and Trade v Greensill