Saffery Champness

The threshold at which Land and Buildings Transaction Tax (LBTT) is paid will be raised from £145,000 to £250,000 as the Scottish Government steps up efforts to support homebuyers and help the economy recover from the impact of coronavirus.

Following the reopening of construction sites in Scotland, Sean McGinness believes the picture should start to become clearer for rural landowners who are in discussions with housebuilders and developers regarding potential new developments and land sales. Many individuals will have spent time durin

With HMRC currently consulting on changes to the reduced 5% VAT rate that has been available for the installation of energy saving materials (ESMs) in residential accommodation, in order to bring the UK into line with EU law, experts at accountancy firm Saffery Champness have stressed that any

Sean McGinness Newly converted dwellings that contain elements of existing residential property will fail to qualify for VAT zero-rating on disposal.