Extra statutory concession D49 (ESC D49) is the catchy title for an exception given to those who are looking to take advantage of the Principal Private Residence tax relief on gains made when disposing of a residential property. A recent case highlighted how the taxman will deal with applications for this relief in certain circumstances.
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The law never stands still, and the way it applies to you and your organisation is constantly evolving. Our people are on top of these developments and can keep you up to date with some of the most interesting aspects of these changes. Check out our articles and updates for our perspective on issues that might affect you.
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With the General Election fast approaching, changes to Entrepreneurs Relief is the latest proposed tax reform set out in leading parties' manifestos.
While an overhaul of the principles of intestate succession – where someone has died without a Will - is long overdue, it is important to be aware of the current rules that apply should you die without setting out your wishes on how to divide your estate.
In Scotland, if a couple is involved in an accident in which they both die, the law in Scotland will presume that neither survived the other. Here we highlight the differences between Scots law and England and the importance of keeping your will up to date to prevent a protracted legal dispute arising in the future.
The High Court in England has recently issued its ruling in an interesting case involving the disinheritance of Christopher Gosden, whose mother left the bulk of her £1.25 million estate to her civil partner.