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Government shines a spotlight on secret owners

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Susan Perry reviews plans to replicate PSC-style disclosure at the Land Registry. In line with the European Commission’s desire for increasing transparency on who really owns companies and trusts, the proposed Fifth Money Laundering Directive is likely to introduce further amendments to the existing regime, potentially including the reduction of… Continue reading →

Why have a Will?

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A common misconception is that by ignoring the need to plan for the end of life and beyond, the need to do so will simply go away, says Helena Woodhouse.  Spoiler alert – this is not the case.  Wills are not frightening, and they certainly do not have to be… Continue reading →

Government to ban the sale of new build houses on a leasehold basis

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Emma Wells discusses how proposed reforms to the property market will place landlords and developers under greater restrictions. The number of responses the Government consultation received highlights the strength of feeling about perceived unfair practices in the property market.  Leaseholders, and those that represent them, feel that developers and investors… Continue reading →

Construction Industry Scheme – is this you?

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Susan Perry discusses the tax implications of payments to contractors and sub-contractors. Designed to stop the Government losing tax income due to the prevalence of cash-in-hand payments by construction businesses, the Construction Industry Scheme places a heavy administrative burden on contractors, or those deemed by the scheme to be contractors…. Continue reading →

Time to act on conflicts of interest in property, study warns

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Belinda Solomon, Partner in our Real Estate Practice, has served as a source for a recently-published landmark study by the University of Leeds. The study, the first of its kind, investigated the spread and consequences of conflicts of interest to advise the provision of commercial property agents acting on both… Continue reading →