Briefcase: Quarterly Real Estate Update - Cases and News including:
..London Trocadero (2015) LLP v Picturehouse Cinemas and others
..Terence James Macey v Pizza Express (Restaurants) Ltd
..Kensquare Ltd v Boakye...more
12/23/2021
/ Arrearages ,
Business Closures ,
Commercial Leases ,
Commercial Real Estate Contracts ,
Common Areas ,
Contract Renewal ,
Coronavirus/COVID-19 ,
Flooding ,
Landlords ,
Notice Requirements ,
Property Damage ,
Rent ,
Residential Leases ,
Service Charges ,
UK
Following recent court decisions, the options available to an owner of empty business premises to avoid a liability for empty property rates have been reduced.
This matters because no rates are payable for the first...more
The two taxes in England on the occupation of property are non-domestic rating and, for domestic rating, council tax. Pre COVID, business rates yielded £30bn and council tax £36bn annually. Rates are payable on business...more
A tax on failure -
Empty property rates is a tax on failure; the failure of the owner to find either a profitable use for the premises or a tenant to pay a rent. Since March 2020, reliefs have been available to cushion...more