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2025 in review: Under construction - Tax investigations
Krishna Mahajan
The recent judgment of Redbourn Group Ltd v Fairgate Developments Ltd [2018] EWHC 658 highlights the importance, for a developer appointing a consultant to carry out services on a construction project, of ensuring the appointment terms are clear on: (a) circumstances entitling the developer to terminate the Consultant’s employment and (b) any amounts payable by the developer to the consultant on such termination.
Private renting in England is at its highest rate for over thirty years. It houses 4.7 million households and is the second largest tenure after owner-occupation. Against this backdrop, the Government has come under increasing pressure to make renting a property as affordable as possible. In particular, upfront payments required of prospective tenants in the form of fees and security deposits have been viewed as a particular barrier to households seeking accommodation.
Dentists, chiropractors, accountants and other professionals who own the premises from which they operate could benefit substantially from making their commercial premises an asset of their Self-Invested Personal Pension (SIPP).
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