Budget 2020 – Business rates for small retailers put on freeze

Budget 2020 – Business rates for small retailers put on freeze

Budget 2020 – Business rates for small retailers put on freeze In light of the Covid-19 (Coronavirus) situation the Chancellor Rishi Sunak has announced a series of measures to help with business rates for the upcoming financial year. These include: 1. a freeze...
Commercial Tenants: How can I exercise the break clause in my lease?

Commercial Tenants: How can I exercise the break clause in my lease?

Commercial Tenants: How can I exercise the break clause in my lease? In light of the Covid-19 (Coronavirus) situation, tenants should be reviewing their leases to see whether they contain a break clause, and if so, the conditions which must be met for the break to be...
VAT, Commercial Property and the Option to Tax

VAT, Commercial Property and the Option to Tax

VAT, Commercial Property and the Option to Tax The default position is that commercial properties are exempt from VAT.  This means that the purchase or leasing of the property would not attract VAT on the purchase price or rent. However, it is not as simple as that...