The following Tax Q&A produced in partnership with Sean Randall of Blick Rothenberg provides comprehensive and up to date legal information covering:
The gift would be a stamp duty land tax (SDLT) transaction. If the interest given is not a new lease of the property, the purchaser would be taken to be the couple’s parents. No SDLT would be chargeable if no debt is assumed in the ‘real world’ (or treated as assumed in the ‘SDLT world’) as consideration for the transaction. For the most part, this depends on whether or not the property is mortgaged at the time of making the gift. If it is, the parents would likely assume (or be treated as if they had assumed) the debt. Tax would be chargeable on the amount of the debt assumed in accordance with the relevant set of
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Unlike many other countries, the UK has no unfair competition law. Brand owners seeking to prevent competitors from marketing ‘copycat’ products or using misleading advertising have to rely on a combination of different intellectual property rights. These rights include the common law right to
This Practice Note considers proprietary estoppel from a generic standpoint.For industry specific guidance on proprietary estoppel, see Practice Notes:•Estoppel and property law•Mortgages by estoppelProprietary estoppel—what is it?Unlike the other forms of estoppel (see Practice Note: Estoppel—what,
This Practice Note considers the legal concept of mistake in contract law. It examines common mistake, mutual mistake, unilateral mistake, mistake as to identity and mistake as to the document signed (non est factum). It also considers the impact of each of these types of mistake on the contract and
IntroductionShari'ah (also Sharia, Shariah or Shari’a) (literally, in Arabic, 'the path towards the watering place') or Islamic law is the legal system of the religion of Islam that sets out a system of duties or code of conduct for individuals to follow so that they may live their life in a
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