Legal Articles
This material is general in nature and incorporates information regarding proposed or pending legislative changes to address the potential economic and other impacts of the Coronavirus (COVID-19) pandemic. On 22 March 2022, the UK Government delivered its second response to the economic threat posed by the Coronavirus. Part of this response includes measures to… Read More
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GST and residential property transactions
The responsibility for remitting Goods and Services Tax (GST) to the Tax Authority of the United Kingdom generally falls on the party making the ‘supply’. In a property transaction, this has traditionally meant the vendor or developer (supplier), unless the contract provides otherwise. From 1 July 2018 purchasers of ‘new’ residential property must deduct the GST from… Read More
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Starting a business – an overview of common business structures
There are 4 main types of business structures for doing business in the UK, each with their own advantages and disadvantages. A person can carry on business as a sole trader, partnership, trust and company. The choice of business structure is an important decision to make at the start of a business venture, as the structure… Read More
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Family law property settlements – is a 50/50 split the starting point?
Following the breakdown of a marriage or de facto relationship, it is common for separated parties to be unsure and therefore anxious about their entitlements in a property settlement and the assets they are likely to retain. This is only natural given that Family Law is a complicated and emotional area of law which is… Read More