UK Residential Property Gains Changes

Reporting on the disposal of UK residential property In recent years, HMRC has introduced a number of changes to the way in which the disposal of UK residential property is...

New developments in relation to the Trust Registration Service (TRS)

Background HMRC introduced the Trust Registration Service (TRS) in 2018. Under existing rules any trust with a UK tax liability is required to register and to provide details regarding, among...

Scottish Government Response to the Consultation on the Law of Succession – Intestate Succession

The Scottish Government’s Consultation on the Law of Succession https://www2.gov.scot/Topics/Justice/law/damages/succession/scottish-government-response-succession-consultati) considered recommendations made by the Scottish Law Commission on changes to succession law dealing with three key areas: intestacy, disinheritance...

Scottish Government Response to the Consultation on the Law of Succession – Testate Succession

The Scottish Government’s Consultation on the Law of Succession considered recommendations made by the Scottish Law Commission on changes to succession law dealing with three key areas: Intestacy, Disinheritance and...

Land and Buildings Transaction Tax (LBTT) - update

The purchase of a second home in Scotland is subject to a surcharge of 4% of the purchase price, known as the Additional Dwelling Supplement (ADS), on top of the...