<p>Filter Knowledge</p>

Here is a brief summary of the main taxation changes that will be relevant to the real estate sector from the main party manifestos and accompanying documents.

The Fifth Money Laundering Directive comes into force on 10 January 2020. Firms will need to be ready.

With the UK General Election just around the corner, immigration and employment feature heavily in election manifestos. Here we highlight the key pledges from each of the three main parties on employment law and business immigration. 

Travers Smith LLP has advised The Access Group, the UK's leading provider of software for mid-sized organisations, on its acquisition of People HR, a Doncaster-based HR solutions provider and The Payroll Service Company, a Cambridgeshire-based payroll solutions provider. 

Labour's manifesto is called "It's Time For Real Change" and, if implemented, their tax proposals would certainly radically alter the current tax landscape. 

Travers Smith LLP has advised long-standing AIM-listed client, Breedon Group plc (Breedon), on its joint venture in London trading as Capital Concrete Limited (Capital Concrete), with Robert Brett & Sons Limited.

Travers Smith LLP has advised AIM-listed Brooks Macdonald Group plc (Brooks Macdonald) on its £39 million acquisition of wealth manager, Cornelian Asset Managers (Cornelian).

Return to Manifesto Tax Portal

Return to Manifesto Tax Portal

Return to Manifesto Tax Portal

Return to Manifesto Tax Portal

We'll be regularly updating this portal with information and commentary on the UK's General Election 2019, with a specific focus on the tax news as that arrives. We'll also be collating the tax information in the handy table below.

Travers Smith LLP has advised Adventurous Journeys Capital Partners (AJ Capital Partners) on its acquisition of the Macdonald Rusacks Hotel and the Macdonald Randolph Hotel from the Macdonald Hotels & Resorts portfolio.

Travers Smith LLP has advised the management team of LGC in relation to the acquisition of LGC by a consortium led by Cinven and Astorg, from KKR and management. Closing of the transaction is subject to customary regulatory approvals. 

Travers Smith LLP has advised August Equity LLP (August) and management on the sale of the Wax Digital Group (Wax) to Medius, a cloud-based invoice automation software provider backed by Marlin Private Equity. 

Travers Smith LLP has advised longstanding client Carpetright plc on its recommended cash acquisition by Meditor Holdings Limited, a company owned by its largest shareholder, Meditor Group (Meditor).

On 23 June 2016, the British people voted to leave the EU and in March 2017, the UK government triggered the departure process by invoking Article 50 of the Lisbon Treaty.

Travers Smith LLP has advised longstanding client Safestore Holdings plc and its French business Une Pièce En Plus on its c. £595 million refinancing.   

The process of applying for planning consent increasingly requires ever more detailed statements and assessments before an application is determined. This often involves onerous commitments by developers in order to satisfy pre-commencement conditions.

Many organisations are failing to publish information on their payment practices, which could lead to being barred from government contracts or even the spectre of regulatory enforcement.