The team at law firm Mishcon de Reya has trawled through HM Treasury’s Budget documents to come up with this digest of the key points for business owners and wealthy individuals…
“We can see the first green shoots of a recovery,” writes James Liffen of Mishcon de Reya as he takes stock of the property sector’s current situation, “but think it may be some time before the prime and super prime markets show the levels of activity that we saw in January and February of this year.”
A collection of the latest rules and resources for businesses, local governments and high net worth individuals from the Government and from Mishcon de Reya.
The Mishcon de Reya team has penned a handy summary of key policies and changes announced by Chancellor Rishi Sunak in the Budget 2020.
From Stamp Duty levies to income tax thresholds; planning reforms to green homes… PrimeResi summarises the key property and wealth policy pledges from the Conservative, Labour and Liberal Democrat Election 2019 manifestos.
There’s no 2019 election manifesto yet, but Mishcon de Reya has summarised everything that Jeremy Corbyn’s Labour Party has proposed about property and wealth-related taxation over the last few years into a handy crib sheet. Some punchy measures have been mooted – including replacing Stamp Duty with an annual levy based on property values… “For those buying a residential property to live in themselves, consider waiting until after the Election,” advises the law firm.
Mishcon de Reya’s expert team breaks down Philip Hammond’s last pre-Brexit Budget, highlighting key policy changes for affluent individuals, property owners and entrepreneurs
“There is no need to legislate for longer tenancies”, argues Mishcon de Reya’s Alison Taylor; “there cannot be a one-size fits all approach to residential tenancies”
Mishcon de Reya’s Jonathan Legg discusses the implications and uncertainties of new rules on the taxation of gains from UK land for non-residents, which came into play in July
Thirdfort’s transaction platform promises to quash fraud and speed-up deals
Judges disagree but significant appeal decisions have been made in the cases of Dreamvar Vs Mishcon and P&P Vs OWC