Mar 3, 2020 | Bullet Point Update
The Bullet Point Update (“BPU”) for October 2018 flagged up some forthcoming changes to do with capital gains tax (“CGT”) on a sale of residential property by individuals. Those changes are now almost upon us in that they’ll have effect from 6th April. So this BPU...
Feb 7, 2020 | Bullet Point Update
On 14th January the Inheritance Tax Act 1984 (Amendment)(Siblings) Bill was given its first reading in the House of Lords. What is it all about? Before turning to that some background: Inheritance Tax (“IHT”) Inheritance tax is a tax on transfers of wealth, mainly...
Dec 13, 2019 | Bullet Point Update
The recent case of Baynton-Williams v Baynton-Williams ([2019] EWHC 2179 (Ch)) in England flags up the importance of taking care not to inadvertently mislead the court in preparing a witness statement and the importance of expert witnesses complying with their duties...
Dec 12, 2019 | Bullet Point Update
The general rule is that if an individual sells something for more than they paid for it then they are liable for capital gains tax (“CGT”) on the gain. There are various rules and exceptions qualifying that general rule and one of the important exceptions is that...
Oct 31, 2019 | Bullet Point Update
The Bullet Point Update back in August 2016 – headed “coupledom revisited” – outlined the Scottish Government’s consultation about the fact that while same sex couples could enter into a “civil partnership” together different-sex couples could not. That...
Oct 11, 2019 | Bullet Point Update
The Bullet Point Update for March said something specific about the changes to the “repairing standard” which private landlords have to comply with. This Update is rather more general. It is prompted by the publication this month of updated guidance on the...
