Archive for October, 2008
Posted on
29-10-08
CLIENT ALERT - VAT Windfall for Hotels and Conference Organisers
A recent ruling by the European Court of Justice (ECJ) means hotels, conference organisers and other affected businesses in the UK can now reclaim VAT that the ruling determines they have overpaid, as well as improving their VAT position in the future.
The ruling applies where a customer pays a deposit, and the deposit is retained when the
customer cancels or fails to show up.
Posted on
29-10-08
CLIENT ALERT - TAX CHARGE ON RENT HIKES
From 1 December 2008 unusually large rent increases on some leases may for the first time be liable to a new stamp duty land tax (SDLT) charge.
Posted on
21-10-08
LEICESTER MARATHON SUCCESS
42 teams participated in the inaugural Freeth Cartwright Corporate Relay Challenge as part of the 2008 Leicester Marathon, which took place on Sunday October 19th. This included 35 local business teams and 7 Special Olympics teams.
Posted on
17-10-08
REMOVING OBSTACLES TO REGENERATION
A provision in the new Planning Bill is aimed at removing an obstacle to regeneration.
The Current Law
Section 237 Town and Country Planning Act 1990 - where land is acquired or appropriated by a Local Authority for planning purposes, any construction or maintenance works (”Works”) done on the land by the Local Authority (or its successors in title) may proceed even if they involve:
• interference with any easement or right (such as a right of way over the development site for the benefit of adjoining land); or
• breach of a contractual restriction on the use of the land (such as a restrictive covenant preventing use of the land for a particular purpose).
Rights or apparatus belonging to statutory undertakers or operators of electronic communications networks are not affected.
Compensation is payable under Section 237 for any such interference or breach.
Posted on
14-10-08
FREETH CARTWRIGHT ADVISES CATAPULT ON INVESTMENT IN EDUCATION SPECIALIST
The Birmingham office of law firm Freeth Cartwright has advised venture capital group Catapult on its investment in education specialist AtlanticLink.
The deal will enable AtlanticLink, an e-learning business, to take full advantage of its recently acquired foothold in the American marketplace.
The company, based at Strelley Hall, in Strelley, near Nottingham said the 14 per cent stake came at a time when investment in training, especially within the financial sector, was becoming increasingly important.
Posted on
07-10-08
LEICESTERSHIRE COMPANIES TAKE UP THE RUNNING CHALLENGE
More than 20 businesses have already signed up to enter teams into the inaugural Corporate Relay Challenge in this month’s Leicester Marathon - but more are needed!
Sponsored by law firm Freeth Cartwright, based in Colton Square, Leicester, the relay is being held to raise money for the marathon’s three nominated charities - LOROS, Rainbows Hospice and St John Ambulance.
Posted on
01-10-08
From 1 October 2008, an EPC will be needed for the construction, sale and rent of all remaining buildings that are not dwellings.
By way of reminder, since 6 April 2008, EPCs have been required for the construction, sale or renting out of non-dwellings with a total useful floor area over 10,000m² and since 1 July 2008, EPCs have been required for the construction, sale or renting out of non-dwellings with a total useful floor area over 2,500m².
