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What is Turnover Rent and who does it benefit?

What is Turnover Rent and who does it benefit?

What is Turnover Rent and who does it benefit? Turnover Rent is a form of Rent in Commercial Leases which may benefit both a Landlord and a Tenant. Turnover Rent is a form of Rent which is dependent on a Tenant’s trading turnover. This form of Rent can therefore only...
Property Roundtable Winter Session

Property Roundtable Winter Session

Property Roundtable Winter Session At the end of the year we inevitably become a little reflective over the events of the last 12 months and take the opportunity to look forward to what the New Year may bring. The winter session of the Property Roundtable took place...
HMRC’s updated guidance on Compensation Payments and VAT

HMRC’s updated guidance on Compensation Payments and VAT

HMRC’s updated guidance on Compensation Payments and VAT Until recently, the default position was that compensation payments were outside the scope of VAT. However, recent guidance from HMRC has changed this position. Recent consideration by the UK courts and the...
Property Roundtable Autumn Session

Property Roundtable Autumn Session

Property Roundtable Autumn Session September brings not only a return to the classroom for students, but also a return of the Property Industry Roundtable. The Autumn session took place on 24th September and was hosted by Steph Richards. The next roundtable: 17th...
Stamp Duty Land Tax holiday announced

Stamp Duty Land Tax holiday announced

Stamp Duty Land Tax holiday announced In a speech delivered today, 8 July 2020, the Chancellor Rishi Sunak announced a Stamp Duty Land Tax (SDLT) holiday for residential properties in England and Northern Ireland. What is Stamp Duty Land Tax? SDLT is payable on the...