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2025 in review: Under construction - Tax investigations
Krishna Mahajan
As a recent first time buyer one of the benefits I was looking forward to most about owning my own property was being able to head straight to Battersea Cats & Dogs Home (and that is exactly what I did –meet Cloud below ). According to the Dog’s Trust, who set up “Lets with Pets" almost half of UK residents own a pet. However, for pet-lovers one real disadvantage of renting or buying a flat in the UK is the common restriction on keeping pets.
Today marks the end of the government consultation on the practice of cash retentions under construction contracts.
A business tenant who satisfies the criteria in section 23 of the Landlord and Tenant Act 1954 (LTA 1954) will have a statutory right to a new lease at the end of their current contractual term. When drafting or negotiating a renewal lease, it is tempting to assume that many of the terms under the original form of lease will continue to be fit for purpose. However, failing to reflect the changing commercial relationship between the parties can cause serious practical and financial issues later on.
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