I recently wrote a short piece on the Housing White Paper that appeared on my other site, Leasehold Reform News. Whilst the forthcoming election may well throw some of the government policy objectives into uncertainty in the short term, I thought it was worth posting it here. The Housing White Paper does have a few paragraphs addressing leasehold – in particular …
Tribunal fees for enfranchisement cases – as of 18th July 2016
Readers of this site may be aware that the government previously looked to introduce fees for applications made to the first tier tribunal for Enfranchisement matters. There was a lot of debate about this and I and other ALEP colleagues were involved in making representations – particularly because the initial fees proposed were £2,000 per case! Fortunately, because of the …
Am I going to pay tax on a lease extension as a landlord?
I am a freeholder. The flat owner is going to pay me a premium to extend his lease. Am I going to pay any tax on that? The answer to this is that ‘it depends.’ Assuming that there will be a capital gain on the disposal when the lease is granted then the answer is probably ‘yes’. The exception may …
Podcast – Tax and Lease Extensions
I recently recorded a podcast for the website Property Battlefield on the subject of ‘Tax and Lease Extensions’ with my colleague and tax expert Philip Vickery from Bishop & Sewell LLP. This follows on from the article that appears on this site. You can listen to the full podcast here: http://traffic.libsyn.com/propertybattlefield/FV_Tax_and_Lease_Extensions_mixdown.mp3 Thank you to John Savage for having me on the …