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Monthly Archives: April 2012

SDLT On Residential Property Transactions

New Rates of SDLT In the Budget on 21 March 2012 the Chancellor announced a new 7 per cent rate of Stamp Duty Land Tax (SDLT) for residential property transactions where the chargeable consideration exceeds £2 million. The new rate applies to transactions where the effective date is on or after 22 March 2012, subject […]

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Administration Sales and Tupe: Normal Service Resumed

For many years, the accepted way to rescue a company and preserve employment and at the same time maximising return to creditors has been administration followed by the sale of the business and assets to a purchaser (usually by a ‘pre-pack’). The automatic transfer of the employees to the purchaser under the Transfer of Undertakings […]

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