Personal taxation, wealth and residence - a guide to Brexit issues

24.08.16

The impact of Brexit upon personal taxation is and will remain unclear for some time, but we have identified areas upon which a watchful eye will be required. The first is the impact upon EU nationals looking to secure their right to live in the UK through acquiring British citizenship, and the impact that may have on their UK tax position. The second is the impact upon UK tax reliefs which are currently extended outwith the UK due to the requirements of EU law. The third is the impact upon UK nationals with property in the EU. 

Categories:

Brexit; Tax; Personal Law

Brexit: the impact on commercial contracts

09.08.16

The UK’s decision to leave the European Union is likely to impact on many of the commercial contracts that organisations have in place, but until the UK negotiates its exit, there will remain a great deal of uncertainty on what the actual impact will be.

So while for the time being it is business as usual, there are actions you can take now by way of basic planning that will make it easier when the impact becomes clearer:

- Ensure all of your contracts are identified and located so they can be analysed for Brexit       impact.

- Conduct high level Brexit reviews to identify contracts that might be impacted, especially       high risk/priority ones.

- Consider the strategic options for affected contracts and what steps you might take to           mitigate the impact when the time comes.

More information on the possible impacts of Brexit on commercial contracts and the actions you should be taking now are in our guide, link below. 

Expert advice and support

We can help you prepare for Brexit. Our commercial contract specialists can provide expert advice and support, plus our innovative contract management solution, BOrganised can help you identify the contracts you need to review.

For more information on impact of Brexit on commercial contracts, the actions you should be taking now and the advice and support available to you, download our guide below. You can also keep up to date with the latest Brexit developments by visiting our Brexit Hub.

If you have any questions, please get in touch directly with Grant Campbell or Ed McElroy or your Brodies contact.

Categories:

brexit, borganised, contracts

Energy Storage

25.07.16

The challenge of decarbonising our electricity system at the same time as ensuring secure and affordable electricity is getting harder, not easier. Addressing the so-called ‘trilemma’ of decarbonisation, security of supply and affordability has been the challenge at the heart of Government policy for years. Our new paper describes what conclusions can be drawn from the current circumstances, and suggests approaches for the future.

Categories:

renewable energy, Energy Storage, economics of storage

Repowering Onshore Wind Sites

25.07.16

In the second of our papers addressing topical issues of the day, Neil Collar and Keith Patterson discuss the key issues about repowering onshore wind farms, including impact on decarbonisation effort, and lease, grid and EIA/ consenting considerations.

Categories:

renewable energy, Repowering Onshore, Wind Sites

Constrained grid

25.07.16

Constrained grid is an issue for many new renewables developments. In the past, this meant simply waiting. However, there are now a range of emerging tools to help facilitate the connection of renewables projects affected by a congested grid, earlier than would have been possible in the past.

Download our paper exploring grid constraint which considers in detail the advantages and disadvantages for possible long term solutions.

Categories:

Constrained grid, renewable energy, project development

Brexit Q&As Guide

08.07.16

Brexit Q&As

We have produced a Brexit Q&As Guide covering the exit process and sector-specific issues including employment, citizenship/immigration, financial services, IP and data protection.

Categories:

Firmwide

CREDO - Banking and finance update - Edinburgh schools article June 16

01.06.16

The closure of 17 Edinburgh Schools this Spring, built and financed under the Private Finance Initiative which pre-dated the Scottish Government’s own NPD (non-profit distributing) model, has hit the UK headlines recently. Inevitably, the problems have been used by some to add weight to long-standing criticism of the involvement of private finance in public infrastructure projects. 

Categories:

Banking, Finance

LBTT and Leases Guide 2016

05.05.16

Is LBTT more than SDLT? When is LBTT payable on leases? This guide to LBTT and leases, compiled by the tax team at Brodies LLP, answers some of common questions about Land and Buildings Transaction Tax (LBTT), which replaced Stamp Duty Land Tax (SDLT) on transactions involving land in Scotland from 1 April 2015.

Categories:

Tax, Real Estate

Land & Buildings Transaction Tax

03.05.16

Land and Buildings Transaction Tax (LBTT) replaced Stamp Duty Land Tax (SDLT) from 1 April 2015 on transactions involving land in Scotland. The rates of LBTT are different; for residential purchases LBTT is less than SDLT on purchase prices up to £333,000 and more at higher prices. For non-residential (commercial, agricultural and mixed purchases) LBTT is less than SDLT for most purchase prices up to £2m and more above that. Download this guide for more information.

Categories:

Tax, Real Estate

Tesco and the Groceries Code Adjudicator - Lessons for retailers

19.04.16

The Groceries Code Adjudicator recently found Tesco in breach of the Groceries Supply Code of Practice. The decision is the most significant development in relation to the Code, and there are important implications for retailers. You can found out more information about the decision in our tailored guide.

Categories:

Food & Drink
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