May 2016

Increase in Tax for Owners of Second Homes and Buy-to-let Properties

Following changes to the stamp duty land transaction tax (SDLT) from 1 April 2016, higher rates of SDLT will apply to the purchase of additional residential properties (such as second homes and buy-to-let properties). The changes followed a surprise announcement by the Chancellor at the last budget and were passed in the Finance (No. 2) Bill 2015-16.

The Online ‘Digital’ Divorce Is Coming

Aside from the death of a loved one, divorce can be, and often is, one of the most stressful of all life’s events. It is rarely amicable, and one partner is usually hurting more than the other one. One of the biggest upsets with divorce can be the one-to-one confrontations in solicitors’ offices. These formal-type meetings tend to do more harm than good in a lot of cases. Well, what if you could cut out all those unpleasant face-to-face appointments with the future ex.

Who Goes There?

Password security is vital security

Last month’s huge data breach at the Panamanian law firm of Mossack Fonseca – to give you an idea of its size, it was hundreds of times bigger than the material released by Wikileaks in 2010 – is an example of just how much damage a data security leak can cause. The private affairs of the firm’s clients became public property overnight, allowing the press to trace money across continents and into tax havens.