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Areas of interest
Five things to consider before stepping onto the property market
April 15, 2015
With help to buy schemes, and the new Help to Buy ISA set to be launched soon, the UK government is making it easier for people to get their foot on the housing market. However, before jumping straight into buying, there are several things that members of the public should consider
Over 80 per cent of home buyers will be better off under LBTT
March 31, 2015
On Wednesday 1 April, Scotland enters a (brave?) new world with the introduction of Land and Buildings Transaction Tax – LBTT. This is a “Tartan” tax; the result of legislation by the Scottish Parliament introduced by the Deputy First Minister and Cabinet Secretary for Finance, Constitution and Economy for the Scottish Government, John Swinney.
Will the Land and Building Transaction Tax (LBTT) make houses more affordable than Stamp Duty?
March 03, 2015
In the Chancellor’s budget statement towards the end of last year, he announced a change to stamp duty land tax (SDLT) effective from 4th December 2014. Before the announcement, SDLT was charged at a single rate for the entire price of a property. Since 4th December SDLT is charged at increasing rates for each portion or band of the price.