Dec 5, 2022 | Bullet Point Update
The general idea of Capital Gains tax (“CGT”) is that if you sell or gift an asset CGT is charged on any increase in value since the asset was acquired. For the purposes of this Note – which focuses on recent changes to the rules for divorcing couples – two...
Sep 28, 2022 | Bullet Point Update
Something was said about the new licensing scheme for short-term lets in our February BPU. But as the system goes live on the 1st of next month (October) it may be worth offering an outline re-cap. From 1 October 2022, if you use a property to offer short-term lets...
Sep 1, 2022 | Bullet Point Update
If a landlord wants to recover possession of a property let to a private residential tenant but the tenant does not leave voluntarily the landlord has to get an eviction order from the First-Tier Tribunal. In response to the Covid pandemic various rules...
Aug 18, 2022 | Bullet Point Update
The Moveable Transactions (Scotland) Bill (“the Bill”) was introduced to the Scottish Parliament in May. The title of the Bill may not make it immediately obvious what the Bill is actually about. The term “moveable property” at least suggests that the Bill...
Jul 14, 2022 | Bullet Point Update
Transparency régimes abound and another one came into effect on 1 April this year. Importantly, this one has criminal sanctions for non-compliance. The title of the Regulations governing this new transparency regime hardly qualifies as transparent: the Land...
May 10, 2022 | Bullet Point Update
The case of Rafique v Morgan, decided in March this year by the Upper Tribunal for Scotland (“the Upper Tribunal”), reinforces the fact that care is needed when a landlord wants to get back a residential property which has been let privately. In Rafique v...
