All News articles – Page 5
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News
HMRC announces changes to capital gains tax
From 6 April 2020, the deadlines for paying capital gains tax after selling a residential property in the UK are changing.
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Electronically signed deeds are legal, lord chancellor confirms
In a written statement on 3 March 2020, the lord chancellor confirmed that documents signed electronically have legal force in England and Wales.
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Whiplash reforms delayed to August 2020
The launch of the new portal for whiplash claims has been delayed from April to August 2020.
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Closure of the Solicitors’ Indemnity Fund
The Solicitors’ Indemnity Fund will close on 30 September 2020. This may leave former principles of law firms liable for future claims. Make sure you’re prepared.
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Law Society’s report to UN about Turkey’s record on human rights
Together with 13 other bar associations and organisations, we’ve submitted a report for the universal periodic review of Turkey to the United Nations Human Rights Council. The report gathers evidence on the situation of lawyers, judges and prosecutors in Turkey since the end of 2015. It documents an increase in ...
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Reminder of Minimum Energy Efficiency Standard deadline – 1 April 2020
From 1 April 2020, the Minimum Energy Efficiency Standards will apply to all residential properties let on “relevant tenancies”
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IR35 change: rules to apply only to services provided after 6 April
HM Revenue & Customs has announced an amendment to its changes to IR35, the off-payroll working rules: instead of applying to all payments made after 6 April 2020, the changes will only apply to payments made for services delivered after 6 April 2020
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Law Society Excellence Awards 2020
The Excellence Awards are still open for entries and showcase excellence across the legal profession.
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Law Society updates TA6 form
The Law Society has published an updated Property Information Form (TA6) and explanatory notes, with changes to four areas, including Japanese knotweed and flood risk
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Law Society responds to independent review of legal services regulation
We have responded to Stephen Mayson’s interim report, expressing our concerns that the proposals would lead to a less coherent alternative to the existing regime
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What you need to know about AMLD5
The EU’s 5th Money Laundering Directive (AMLD5) came into force on 10 January 2020. The Legal Sector Affinity Group (LSAG), which includes the Law Society and all the legal sector supervisors named in the anti-money laundering regulations, has published a summary of changes brought in by AMLD5
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Government reviewing IR35 changes
In April, changes are due to come into force relating to the payment of contractors and other off-payroll workers. On 7 January 2020, the government announced that it will be reviewing the process for the implementation of the changes
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Financial predictions for 2020
Law Management Section committee member Andrew Allen asks whether the year ahead will see financial instability returning to the legal sector
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Law Commission publishes options for reforming valuation in leasehold enfranchisement
On 9 January, the Law Commission published a report setting out options to reduce leasehold enfranchisment costs
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Broaden your horizons
Exciting opportunity in Brussels for trainee solicitors/newly qualified solicitors/paralegals
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SRA drops plans to lower PII
News that the Solicitors Regulation Authority (SRA) is to drop proposals to lower the levels of professional indemnity insurance (PII) has been welcomed by the Law Society.
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Changing times
Property Section committee member Clare Harman-Clark rounds up the sessions at the National Property Law Conference, held at the Law Society on 10 October
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Accessing your benefits as a Section member
As a Section member, you can access premium online content and come to inclusive events and webinars.
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HMCTS says probate delays coming to an end
The probate system should be back to normal in a matter of weeks, HM Courts & Tribunals Service (HMCTS) has claimed – but solicitors still complain of long delays.
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Land Registry publishes updated guidance on digital mortgages
Land Registry has updated its guidance pages on digital mortgages. There are three guides - for homeowners, mortgage lenders and conveyancers