| Property or lease premium or transfer value | SDLT rate |
|---|---|
| Up to £500,000 | Zero |
| The next £425,000 (the portion from £500,001 to £925,000) | 5% |
| The next £575,000 (the portion from £925,001 to £1.5 million) | 10% |
| The remaining amount (the portion above £1.5 million) | 12% |
The Planning Court has recently considered the scope and discretion of local planning authorities to make orders under section 102 of the Town and Country Planning Act 1990 requiring the discontinuance, alteration and/or removal of lawful planning uses and development works.
As part of a deal in respect of Airbnb’s own unpaid tax, Airbnb has passed onto HMRC the detail of incomes earned by its landlord App users who rent out property in the UK.
by: Sarah HumbleThe recent High Court case of Fantini v Scrutton and Others [2020] EWCH 1552 (Ch) considered how a property was legally held by a mother and daughter as “joint tenants“ or “tenants in common”.
by: Clare MartinA recent case held that a tenant had to remove all asbestos from its site in order to comply with its covenant to yield up the site “in good and substantial repair and condition to the satisfaction of the [lessor]".
