Capital Taxes

Land and Buildings Transaction Tax

Land and Buildings Transaction Tax (LBTT) is payable by the purchaser in a land transaction which occurs in Scotland. These types of transaction would include a simple conveyance of land …

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Capital Gains Tax

A capital gain arises when certain capital (or ‘chargeable’) assets are sold at a profit. The gain is the sale proceeds (net of selling costs) less the purchase price (including …

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Stamp Duty Land Tax

Who pays the tax?
SDLT is payable by the purchaser in a land transaction occurring in England, Wales and Northern Ireland.
What is a land transaction?
A transaction will trigger …

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Capital Allowances

Overview
The cost of purchasing capital equipment in a business is not a revenue tax deductible expense. However tax relief is available on certain capital expenditure in the form of …

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News

21 January 2019

Apprenticeship Open Morning

We are delighted to announce our open morning for anyone interested in studying for a career in Accountancy will be on Saturday 23 March. We will be on hand to ... Read more

1 January 2019

eNews – January 2019

In this month’s eNews we consider pertinent announcements from the Scottish Budget including changes to income tax and Land and Buildings Transaction Tax. Meanwhile, the Pensions Regulator is advising employers ... Read more

7 December 2018

eNews – December 2018

In this month’s eNews we report on Making Tax Digital for VAT and the latest government Brexit documentation. We also include updated advisory fuel rates for company car drivers and ... Read more