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Some of the best-known names in the North London property world descended on West Lodge Park Hotel, Cockfosters last Tuesday evening, 2nd June to consider what’s currently happening in their market and identify opportunities as hopefully prospects improve.
This month’s enews is unsurprisingly dominated by Budget announcements. Having waited a month beyond the usual March timing for the Budget, Alistair Darling had some significant announcements to make which are set out below.
A number of Statutory Instruments dealing with company charges, company records and share capital have been issued which come into force on 1 October 2009.
A recent High Court decision in Shah and another v HSBC Private Bank (UK) Ltd will provide some much needed comfort to entities having to comply with The Money Laundering Regulations 2007 as to the interplay between their statutory obligations under the Part 7 of the Proceeds of Crime Act 2002 (“POCA”) and other contractual obligations owed to their clients.
This month, as we recover from the self assessment rush, we report that HMRC regard the increase in online filing as a great success. We also report that Chancellor Alistair Darling will be keeping us all guessing a bit longer, by making his Budget speech on 22 April this year.