Tuesday, December 11th, 2018 in Commercial, Landlord, Mixed Use, Service Charge
With the New Year fast approaching, Kathryn Copeland, Commercial Real Estate associate, reviews the key developments in commercial landlord and tenant law in 2018.
The article, titled ‘A roundup of 2018‘ covers developments surrounding:
- CVAs
- A new service charge code
- The Electronic Communications Code
- MEES
- Electronic signatures at the Land Registry
- and various case law development.
Kathryn also briefly looks ahead to 2019 and reviews what might be next on the agenda, including radical changes in residential leasehold, and the potential impact of Brexit.
‘This article was first published in Property Law Journal (December 2018/January 2019) and is also available at lawjournals.co.uk’.
Please note that the views, thoughts, and opinions expressed in this article belong solely to the author and do not necessarily reflect the views, policy or position of Websters.
Wednesday, July 12th, 2017 in Commercial, Landlord, Managing Agent, Mixed Use, Residential
Zoe Stollard of Clarke Willmott provides insight into the Construction Industry Scheme and the changes which have been implemented in 2017.
The Construction Industry Scheme (CIS) is designed to decrease perceived undeclared payments in the construction sector. It requires contractors to register for the scheme and to withhold tax before payments are made to sub-contractors under contracts relating to construction operations. The amount of tax withheld depends on the registration status of the sub-contractor:
- if they are unregistered, 30% must be withheld;
- if they are registered, 20% must be withheld; and
- if they meet certain criteria and register for gross payments, 0% must be withheld.
The contractor must then pass to the HMRC the amounts withheld.
Prior to April 2017, contractors could verify whether sub-contractors were registered and whether they could be paid gross online or by phone. From the 6th of April 2017 sub-contractors must be registered online.
Read the full article here.
Thursday, June 15th, 2017 in Landlord, Mixed Use, Residential, Service Charge
Jill Carey of Taylor Wessing comments on a recent case concerning the ability of landlords to recover the cost of improvements from tenants where the lease permits it, but the statutory regime for residential service charges also applies to restrict recovery.
Read the full article here.