Insights: March 2016

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Brexit - where next for the United Kingdom?

Charles Proctor |

In 1624, John Donne wrote “….No man is an island, entire of itself; every man is a piece of the continent, a part of the main; if a clod be washed away by the sea, Europe is the less….”. It is thus perhaps fair to infer that Donne would have been an enthusiastic supporter of […]

Fladgate advises Sportvest Capital on investment in Lincoln City FC

Grant Gordon |

Fladgate LLP has acted for Clive Nates’ investment vehicle, Sportvest Capital LLP, in relation to an investment into Lincoln City FC. Mr Nates, who joins the board of the Club, is a global equity investor and retired hedge fund manager based in Sandton, South Africa.  He has followed the fortunes of Lincoln City since the […]

New dividend taxation rules: what trustees should be doing

Helena Luckhurst |

The taxation of dividends is set to change in the new UK tax year beginning 6 April 2016. The 10% dividend tax credit will go, replaced by a new £5,000 dividend allowance that permits the first £5,000 of an individual’s dividend income to be taxed at 0%. Dividends will still sit as the top slice […]

Contractual status of benefits


“In the past, we have typically paid employees a bonus of £1,000 in January as a “thank you” for their efforts the previous year.  Pay reviews are carried out at the same time.  2015 was a difficult year for our business and we need to make some cut backs.  Can we avoid paying an annual […]

Lease extensions of flats – Traps for the unwary


When tenants first acquired the right to extend their flat leases under the Leasehold Reform, Housing and Urban Development Act 1993 (Act), there was a perception that this was not as attractive as the other right created by the Act, to collectively acquire the freehold title to the building in which the flats are situated.  […]

Fladgate advises Global Gaming Ventures on its new casino in Leeds

Stephen Lewis, Gary Smith, Jeremy Whiteson |

Fladgate has advised Global Gaming Ventures (Group) Limited (GGV) in relation to the real estate aspects of the financing of its new casino in Leeds. The Gambling Act 2005 provided bidders with the opportunity to establish 8 new large and 8 new small casino licences.  GGV won two of these new large casino premises licences […]