When an asset falls in value to the point that it is almost worthless, it may be possible to make a negligible value claim under Section 24 of the Taxation of Chargeable Gains Act 1992 . The asset will then be treated as if it had been sold and immediately...
Tanners Solicitors advise both franchisors and franchisees on all aspects of franchising arrangements. Working closely with our commercial property team, we help clients establish new franchises and we advise on ongoing relationships, disputes, amendments and termination.
Having worked with numerous global franchisors and franchisees, we are familiar with the nuances involved in documenting franchise arrangements and common concerns when negotiating commercial terms. With Tanners Solicitors’ commercial team by your side, you can ensure that your interests are protected and that you fully understand the consequences of these often complicated, long-term arrangements.
Speak to our commercial law solicitors today
Seek advice with respect to your existing or proposed franchise arrangements by calling 01285 659061 at one of our offices in Cirencester, Cheltenham or London, or using the contact form at the top of the page.