23 March 2020
The UK Budget 2020 announced on 11 March 2020, was rather overtaken by world events. Having been long-delayed and thrown into doubt by the resignation of the former Chancellor, Sajid Javid, in February, in the end it was COVID-19 that really moulded the new Chancellor's speech.
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18 March 2020
The Government has confirmed that the implementation of the extension to the IR35 offpayroll working rules has been delayed for a year.
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18 March 2020
Given that leases do not contain force majeure clauses, and they will not be frustrated by any temporary restriction or inability to occupy the premises, tenants and guarantors will remain bound by their lease obligations and, in particular, their liability for the rent.
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13 March 2020
With the effects of Coronavirus sweeping across global markets, businesses are evaluating the practical impact on their trade. Many industries are already badly affected – whether by imposed travel bans or the quarantining of employees and customers – and business owners are concerned that disrupted trade may leave them with contractual liabilities.
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12 March 2020
In yesterday's budget, the Government announced the provision of a £1 billion "Building Safety Fund", which will be made available in 2020 – 2021.
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11 March 2020
The seemingly good news is that this applies to contracts from 1 April 2021: as stated by the Chancellor. The bad news (apart from the fact that the charge is being introduced - at all) is that the rate will be 2% and not the 1% rate that appeared in the original consultation process. However, the ugly is the exact implementation date.
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10 March 2020
The Government's review of the implementation of the off payroll working rules reform concluded at the end of February and plans to continue with the implementation of the reforms.
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6 March 2020
The WHO has declared the COVID-19 a public health emergency of international concern with the potential to become a pandemic, and the government has cautioned that cases of COVID-19 in the UK are likely to rise significantly over the coming days and weeks.
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4 March 2020
On 25 February, Bisnow hosted a panel discussion on the prospects for UK real estate in 2020. The eminent panel included representatives from Hines, M&G Real Estate, Moorfield Group, Patron Capital Partners and Schroder Real Estate. Here are some key takeaways.
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2 March 2020
The Home Office has published its policy paper setting out the main features of a new proposed immigration system, which is due to come into effect in January 2021.
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