Scotland: new LBTT relief and changes to the ADS
[ad_1] New relief for local authority purchases comes in from 1 April 2024, together with numerous changes to the additional dwelling supplement. If this article is supporting your professional development, it can count towards your verifiable CPD hours. Use the pop up at the bottom right corner of your screen to add reading this article […]
Tax checks for licence renewals expanding to Scotland and NI
[ad_1] Tax checks are needed before renewing certain licences on or after 2 October 2023. In Scotland this applies to licences to drive taxis and private hire cars, operate a booking office and to be a metal dealer. In Northern Ireland this applies to licences to drive taxis. The requirement to complete a tax check […]
Revenue Scotland consults on changes to ADS
[ad_1] The 6% additional dwelling supplement (ADS) is charged on buying an additional residential property (dwelling) in Scotland. Revenue Scotland is consulting on changes to the rules, which will affect timelines, inherited property, small shares, divorce or separation, joint buyers, economic units, and local authorities. The ADS is an additional charge, added to any land […]