Moving up a gear
Oliver, Laura
Moving up a gear - 2015 - Estates Gazette (1518) 9 May 2015, 82-84(3) .
Argues that landlords and tenants should ensure the tax consequences of lease re-gearing should be considered before entering into any arrangements. Lease re-gearing means that the term of an existing lease are restructured or varied by mutual agreement. This can be because leases negotiated and put in place in less certain economic times may need to be adapted to better fit a healthier business or a change in occupational needs.
United Kingdom
Moving up a gear - 2015 - Estates Gazette (1518) 9 May 2015, 82-84(3) .
Argues that landlords and tenants should ensure the tax consequences of lease re-gearing should be considered before entering into any arrangements. Lease re-gearing means that the term of an existing lease are restructured or varied by mutual agreement. This can be because leases negotiated and put in place in less certain economic times may need to be adapted to better fit a healthier business or a change in occupational needs.
United Kingdom