MacNairs + Wilson

According to newly released information from HMRC, the total take of IHT for 2022–2023 was £7.1 billion. This is a £1 billion increase above the previous high of £6.1 billion set the previous year, showing how profitable the tax has been for the Treasury.

What powers do tenants have in Scotland?

Although Scotland's private rented sector is largely unregulated, the Scottish Government has made significant efforts to improve the sector's professionalism, safety, and the assurance that homes reach a certain standard.

Between September and October, the Scottish government's revenue from Land and Buildings Transaction Tax (LBTT) reached a new record high, increasing by 11.5% (or £7.2 million) to £69.6 million.

Looking to buy a new house can be an exciting yet stressful time. There is a lot to consider before buying a house, and knowing what the process of conveyancing involves can help to ease a lot of your worries - especially when the property you are interested in is a new build. 

Being an Executor of a loved one’s estate is an important role that comes with a huge amount of responsibility. It is important to be aware of what an Executor does and what will be expected of you before you undertake to fulfil this role.