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Mental capacity and wills

30 July 2010 | Iain Donaldson

In the case of Perrins v Holland, Mr Perrins lost mental capacity between the time of giving instructions to his lawyers as to the contents of his will and actually executing it.  The Court of Appeal...

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Would you like to pay less tax?

27 July 2010 | James Odds

That’s what the latest offering from the Treasury looks like it is asking.  “Government invites views on tax policies” at first glance looks like a great opportunity for all.  In practice, it’s...

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A Business Relief from Inheritance Tax

19 July 2010 | James Odds

Nobody likes inheritance tax.  It is a tax on wealth which has already been taxed in the lifetime of the deceased, and reduces the amount which can be left to the next generation.  This blog examines...

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CBI warns Chancellor on CGT increase

11 June 2010 | Shimon Shaw

The CBI have sent an open letter to Chancellor George Osborne stating their concerns about the proposed rise to CGT in the forthcoming emergency budget on 22 June. The CBI argues that decreasing the...

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Joint Ownership and Avoiding Costly Mistakes

7 June 2010 | Stephen Carew

The case of Leonard Kernott v Patricia Jones (2010) EWCA Civ 578 is another timely reminder that those purchasing property jointly should give consideration as to how the property should be held prior...

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Property Co-owners – You have been warned (again)!

2 June 2010 | Jeremy Abraham

Short of tatooing on foreheads, the Court of Appeal judgment handed down in Jones v Kernott [2010] EWCA Civ 578, represents the best reminder of the law relating to joint ownership of property, most commonly applicable...

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Capital Gains Tax Rises

2 comments 26 May 2010 | Shimon Shaw

By now you'll have heard that capital gains tax (CGT) is on the rise. Assuming that the Government don't propose retrospective legislation, you've probably got until 22 June to sort yourself out and crystalise...

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Victory for the OECD

17 May 2010 | Shimon Shaw

For many years, the OECD have been at the vanguard of the international campaign against tax havens.  This has been particularly visible since the G20 meeting in London last year. As can be seen from...

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Assured Shorthold Tenancy Agreement Threshold to Rise to £100k from £25k

14 April 2010 | Faiza Ahmad

Currently, to be an Assured Shorthold Tenancy the annual rent under the tenancy must be less than £25,000 per annum. This threshold will increase to £100,000 with effect from 1 October 2010 . The statutory...

Planning for the 50% rate of tax – buy to let investors

26 February 2010 | Shimon Shaw

The last decade saw the rise of the private buy to let landlord. Many of these properties are jointly owned by spouses or civil partners. Without proper tax advice, the rental income will default to...

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