AN END TO STAMP DUTY LAND TAX
Posted on
Stamp Duty Land Tax will cease to apply in Scotland in 2015. Sounds too good to be true? Well, that’s because it is.
As previously reported, the Scottish Government consulted on their proposed Land and Buildings Transaction Tax until September 2012 and a Bill was introduced to parliament at the end of November. The evidence session of the finance committee then took place on 6th February 2013 with the Stage 1 Debate on the Land and Buildings Transaction Tax (Scotland) Bill taking place on 25th April 2013.
At this debate, Parliament agreed to the general principles of the Bill and, accordingly, Stage 1 of the parliamentary process is now complete.
It is the Scottish Government's intention to bring forward amendments to the Bill at Stage 2 but, in the meantime, a Working Group is being set up to consider how non-residential leases should be dealt with under a new tax system.
If you would like more information on how this change could affect you, Bowlts would recommend seeking professional advice from a Chartered Accountant, who will be able to offer advice on financial planning.
WESTER BROCKLOCH STEADINGS
Rafford, Forres
A unique opportunity to acquire a set of traditional farm buildings with Full Planning Permission in place for a single residential unit, set in a peaceful location yet with easy access to local amenities.
A substantial site extending to 4.67 hectares (11.54 acres) or thereby.
RURAL PRACTICE CHARTERED SURVEYOR AND TRAINEE CHARTERED SURVEYOR POSITIONS
Due to an increasing workload, we are looking to expand our rural practice department. Our office is based at Pluscarden, near Elgin, Moray. We currently have a staff of 15 and our core activity is property consultancy and rural estate management.
We are currently accepting applications for both a Rural Practice Chartered Surveyor as well as a Trainee Chartered Surveyor.
The successful applicants will join our rural practice team, which consists of four fully qualified land agents. Both positions are full-time, working Monday to Friday, and salary will be negotiable depending on experience.
If you would like to apply for either position, please email your CV and covering letter to mandy@bowlts.com.
2023/24 GRADUATE SCHEME NOW OPEN
We are delighted to announce that our 2023/24 Rural Graduate Scheme is now open for applications. We welcome applications from graduates studyin Full Story...
The Scottish government has recently reopened the Peatland Action Scheme for applications in 2021.
The Peatland Action Scheme is a multi-million po Full Story...