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VAT on Property – the sting in the tail

    VAT on Property – the sting in the tail When buying land you should always consider the VAT implications. The default position is that supplies of land are VAT exempt. This is why residential sales are VAT free. Commercial property is more complicated. Commercial...

How can I incentivise employees?

  Enterprise Management Incentives David Dees, corporate partner in Heald Solicitors, says he often gets asked about how business owners can incentivise valuable employees and even pass on ownership to them.One answer is enterprise management incentive options usually...

Entrepreneur’s relief

  “I often get asked about entrepreneur’s relief”. When does it apply? How can I benefit from it? David Dees, corporate partner at Heald Solicitors, says “I often get asked about entrepreneur’s relief”. When does it apply? How can I benefit from it? Entrepreneur’s...

The End of Section 21 Notices?

A Disaster for Landlords - The End of Section 21 Notices?   The Government has just announced that it is going to consult on abolishing Section 21 Notices the law used by landlords to evict a tenant under an assured shorthold tenancy (or AST). At the outset, it...

Legal Technicalities – Ignore Them At Your Peril!

  Did you exchange contracts or a handshake? Legal technicalities – Ignore Them At Your Peril!   A recent case vividly illustrates how the simplest problem can easily mushroom into time-consuming and costly litigation. In Wells v. Devani, it required a trip all...

Plan for your succession

  Why should you plan for winter when it is still spring?    Contrary to belief, succession planning is more than choosing who will run your company after your death. The absence of or bad succession planning could lead to unexpected liabilities or other risks...