Aug 1, 2018 | Bullet Point Update
Commercial leases are big business in Scotland. But while there are acres of excruciating legislation covering residential and agricultural leases there’s precious little covering commercial ones. That can be an advantage. The absence of detailed legislative provision...
Jul 3, 2018 | Bullet Point Update
Some modest relief from “Land and Buildings Transaction Tax” (“LBTT”) has been introduced for first-time buyers. The relevant statutory order (the snappily-titled “Land and Buildings Transaction Tax (First-Time Buyer Relief)(Scotland) Order 2018”) came into force on...
May 23, 2018 | Bullet Point Update
Rarely can the answer to the question “when does a notice period begin to run?” have been more starkly illustrated than in the case of Newcastle upon Tyne Hospitals NHS Foundation Trust v Haywood which was decided by the Supreme Court last month. The facts – in...
Apr 23, 2018 | Bullet Point Update
The Land Reform (Scotland) Act 2003 (“the 2003 Act”) provides that everyone has the right to be on land, for recreational or educational purposes, and to cross land. These rights are generally known as the “right to roam” and apply to most land and inland water and...
Apr 16, 2018 | Bullet Point Update
This is a follow-up to last month’s BPU on Land and Buildings Transaction Tax (“LBTT”) at the end of which it was said: “As far as [many aspects] are concerned LBTT has largely followed the approach taken in the UK “stamp duty land tax” legislation [i.e. the...
Mar 6, 2018 | Bullet Point Update
Birthday announcement by Revenue Scotland The Revenue Scotland website recently announced (emphases added): “The Land and Buildings Transaction Tax (Scotland) Act 2013 sets out the legislative requirement for a tax return to be submitted for leases in Scotland in...
