Within the Summer Budget 2015 was the announcement that the government was introducing an additional ‘nil rate band’. The nil rate band, currently at £325,000, is the amount that an individual can have in their estate when they die before inheritance tax (‘IHT’) is chargeable. Anything above this amount will be taxed at 40% for
Today the Supreme Court issued the eagerly awaited judgement in the Marks and Spencer v BNP Paribas case.
In this case, a landlord granted to M&S a lease from 2006 to 2018. The rent was substantial, and the lease included a car park licence fee, a service charge and an obligation on M&S to reimburse the landlord for the costs incurred in insuring the building. The lease entitled M&S to determine the lease
The recent judgments in these cases send a clear message to those of you embroiled in matrimonial proceedings that financial disclosure must be full, frank and honest and if its not then there is a danger that your ex could revert the matter back to court following any final settlement and ask the court to
Introduction Overview of the principle of waiver of the right to forfeit a commercial lease. Still a significant amount of uncertainty. So what is waiver? Lease sets out what the tenant must and must not do and the landlord relies on those terms to be able to forfeit the lease if necessary. Landlord can still