by udcJlTvB6G | Jan 11, 2023 | Articles, News
Last year we reported on the new Register of Overseas Entities (“ROE”), which was launched by the UK Government on 1 August 2022 under The Economic Crime (Transparency and Enforcement) Act 2022. The new rules require overseas entities (being an entity governed by law...
by udcJlTvB6G | Oct 14, 2022 | Articles
This development was introduced by Justice Minister Naomi Long who stated: “I am delighted that the maximum value of claims to the small claims court today increases from £3,000 to £5,000. I want the system for making civil claims to be as efficient as possible by...
by udcJlTvB6G | Oct 2, 2022 | News
As one of Northern Ireland’s most innovative and progressive, corporate and commercial law firms, Mills Selig acts for leading plcs, private equity funds, entrepreneurs, private companies and businesses, property developers, leading retailers and national and...
by udcJlTvB6G | Sep 29, 2022 | Articles, News
Why is this significant? NIHE flats are usually sold to tenants by way of a Lease with a term of 125 years. As time goes on the lease term decreases. Most mortgage lenders have requirements for a Lease to have at least 70-80 years of the term left to run....
by udcJlTvB6G | Sep 23, 2022 | Articles, News
In a bid to boost growth and to help house buyers, Chancellor Kwasi Kwarteng has unveiled in today’s mini-budget a permanent and immediate reduction of Stamp Duty Land Tax by increasing the: residential nil-rate threshold from £125,000 to £250,000;nil-rate threshold...
by udcJlTvB6G | Aug 1, 2022 | Articles, News
A consultation to create a register of beneficial ownership was carried out by the UK Government in 2018, with the aim of having the Register go “live” in 2021. The Russian invasion of Ukraine earlier this year was the catalyst to fast-track the draft legislation...
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