Land Transaction Tax to Replace Stamp Duty Land Tax in Wales


The Land Transaction Tax and Anti-avoidance of Devolved Taxes Bill was introduced into the National Assembly for Wales on 12th September 2016. The Bill outlines proposals to introduce Land Transaction Tax (LTT), which will replace Stamp Duty Land Tax (SDLT) in Wales from April 2018.

The new proposals for LTT are part of the Welsh Government's aim to strengthen Wales’ ability to manage their own affairs and it is hoped that the new tax will develop a focus on the needs and priorities of Wales.

Berry Smith – Expanding and Improving

As part of its long-term plan of continuous improvement, Berry Smith is proud to announce that there have been a number of recent changes including promotions, new qualifications and a new starter.

We are pleased to welcome Derek Holbrook who joins Berry Smith as Finance Manager. Bristol born Derek began his career in a law firm, quickly moving into the accounts function. With expertise in software used to run legal practices, Derek has also used this skill to help train legal firms all over the country

Landlord wins dispute over holiday home service charges


The landlord of a holiday park has won a legal dispute with chalet tenants over service charges.

The tenants held long leases that obliged them to pay whatever the landlord "may reasonably require on account" by 31 December every year to maintain and manage the park.

The lease specified that the service charge was to be a fair and equitable proportion of the aggregate of the sums "actually expended" by the landlord in the relevant year. It made no provision for what was to happen if the service charge paid by a tenant on account exceeded the sum actually expended.