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Choosing the right property for your business

Selecting the right premises is a key decision for many businesses and it is important to consider the matter thoroughly before jumping in, as renting or purchasing a property is expensive. Below we have created a list of our top 10 considerations that you should have in mind when choosing your business premises. 1. Customer base and competition It is important to examine and analyse the demographic of your customers. If many of your customers are in one specific location then it should be obvious that the closer you can set up business to…

A look back over 2014

What a year it has been for us here at Bowling & Co Solicitors! With the new year fast approaching we thought we would take this opportunity to take a look back over the year, put in motion our plans for 2015 and to wish you and your families and friends a Merry Christmas and a Happy New Year. This year we have focused more on working with and helping local and national charities. We have made donations throughout the year to several charities including Community Links, The Royal British Legion,…

Stamp Duty Land Tax reform

In the final Autumn Statement before the general election next year, the Chancellor, George Osborne has announced an overhaul of Stamp Duty Land Tax (SDLT). At present, stamp duty is calculated as a percentage of the whole property with an increased rate triggered by being only a pound over the relevant threshold. The new measures introduced with effect from 4 December 2014 fundamentally change the way in which SDLT rates will be applied to the purchase price of properties. The new stamp duty rate will be calculated as follows: 1.…

Our new brand

As 2014 draws to an end it has been a busy year so far for us at Bowling & Co Solicitors. We've seen trend breaking growth across all departments with a significant increase in headcount including the hiring of two new department heads, the implementation of a new case management system and last but not least the launch of our new brand. Excited? So are we! What is this new brand? We haven't changed our name but we have introduced a fresh new look to our brand and we have spent…

Top 10 tips when buying a business

Purchasing a business can be a complicated process. Here are our top 10 tips when buying a business. 1. Make sure you know exactly what you are buying It may seem like obvious advice but the due diligence procedure, where the business is examined in detail, is often the most crucial part of a purchase transaction. It is vital that you and your legal and accounting advisors examine the various aspects of the business including its accounts, commercial contracts, employee details, premises and other liabilities. Due diligence should also reveal how…

Immigration Act 2014 – Tougher responsibilities on landlords

Earlier this year the Government's bill to tackle immigration was passed. The Immigration Act 2014 ("the Act") broadens the policing on immigration by placing additional responsibilities on the public at large, and more precisely on landlords. Under the Act landlords will be expected to examine if a prospective tenant has the right to be in the UK. If a landlord is found renting a property to an illegal migrant without carrying out the necessary checks that is expected of them under the Act they may find themselves liable for a…

Child Maintenance – A system for the better?

A new Child Maintenance system came into force on 30 june 2014 according to a Press Release from the Department of Work and Pensions of the same date. The Child Support Agency (CSA) will be closing its cases over the next 3 years and those parties will have the option of agreeing maintenance between themselves or using the Child Maintenance Service (CMS). There will also be a new fees for those parties wishing to use the CMS as follows: A one-off application fee of £20.00. This fee is not payable…

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