When it comes to purchasing a property in Scotland, it's important to understand the intricacies of the tax system. One common question that arises is whether first-time buyers are required to pay stamp duty. In this guide, we will delve into the topic of stamp duty for first-time buyers in Scotland.
MacNairs + Wilson
In Scotland, the legal process of divorce is regulated by the Divorce (Scotland) Act 1976, a cornerstone legislation that outlines the various procedures one must follow when seeking to end a marriage. This guide aims to shed light on the Simplified Divorce Procedure, also known as the DIY divorce, and the Ordinary Divorce Procedure, ensuring that you understand the intricacies and legal nuances involved in the dissolution of a marriage under Scottish law.
Navigating the complexities of inheritance law is essential for providing clarity and peace of mind. In this guide, we'll shed light on the specificities of spousal inheritance.
The UK House Price Index's most recent preliminary data indicates that the average house price in March 2023 was £184,877, a rise of 3% from March 2022.
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.