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News

Rising living costs can affect your maintenance order

In many cases, the cost of living crisis is likely to affect ongoing maintenance payments. We explore the topic and the solution available.

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HMRC deadline dispensation for trustees

Trustees who missed the September deadline to comply with the expanded scope of the Trust Registration regime have been thrown a lifeline by HMRC. HMRC will not penalise those who missed the cut-off date through ignorance.

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HMRC impose new obligations on trustees

Trustees must register their trust with the Trust Registration Service by 1 September 2021, even if it does not incur a tax liability.

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Crunch time for residential landlords?

Proposed new legislation is the latest in a fast-changing landscape for the private rented sector.

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Protecting your digital memories

James McMullan looks at why it is worthwhile to put plans in place to protect your digital memories for your loved ones when you pass away and how you can do this.

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SDLT changes ahead for multiple and mixed-use purchases

Property buyers looking to pay reduced stamp duty rates when buying multiple residential properties or claiming mixed residential and non-residential use can expect a tightening of the rules following a consultation by HMRC.

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Insight

Change in divorce law looks set to stop the blame game

No fault divorce is likely to be introduced, but professionals say fair deal on asset sharing means mediation must remain top of the agenda

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Safeguarding’s vital when appointing others to act

Increasing numbers of people are taking advantage of a simplified online process to make a Lasting Power of Attorney, which enables others to manage their affairs if they become unable to do so themselves, but alongside there is a surge in reports of abuse by attorneys. “It’s important to get guidance and set safeguards in place when permitting others to manage your affairs.” says private client specialist, James McMullan who explains how the process works and the ways in which you can protect yourself.

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What lies beneath…

If you’re investing in or developing property, be aware that any mines and minerals beneath the surface could be owned by someone else.

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Can you ever be too young to create a Lasting Power of Attorney?

While most Lasting Powers of Attorney (LPAs) are created by older people, mental capacity issues can strike at any age. Anyone can fall foul of an illness or accident which leaves them incapacitated or even in a coma.

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Death and taxes are said to be the two certainties of life…

While we often stop and have a moan about taxes; very little thought is often given to death itself.

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New trade mark rules simplify counterfeit challenges

A branding challenge toppled the golden arches when a small Irish fast food company managed to block the international McDonald's food chain from trademarking the terms Big Mac and Mc throughout Europe.

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