Since 2017, Labour has consistently discussed their desire to scrap the value added tax (VAT) exemption for private school fees. It has been a topic included in manifestos, statements and during the General Election campaign. When asked, Sir Keir Starmer confirmed he wished to scrap the tax benefit “as soon as it can be done”. Now Labour is in office what does this mean.?
The Leasehold and Freehold Reform Act 2024 (“the Act”) introduces several significant changes affecting enfranchisement, making it easier and more cost-effective for residential leaseholders to extend their leases or purchase the freehold of their properties. The key impacts on enfranchisement are set out in this article.
On 27 June 2024, the UK gave effect to its intention by ratifying Hague 2019. It will come into force for the UK on 01 July 2025. The UK’s ratification was accompanied by a declaration that, initially at least, Hague 2019’s application will be limited to England and Wales only, i.e., it will not apply in Scotland and Northern Ireland.
