We provide expert advice and support to individuals and businesses purchasing residential property in Scotland. We advise clients on the LBTT liabilities that arise upon purchase, and how to mitigate these liabilities whilst ensuring full compliance with the Scottish tax rules.
For new clients, we specialise in critically examining their recent residential property purchases to establish whether they paid the correct amount of LBTT under the four different charging regimes that now apply to properties. Where we conclude that an incorrect amount was paid we then advise our clients on the actions that may be taken to remedy the position with Revenue Scotland, including the recovery of overpaid land tax within the short repayment window permitted by the law .
We do not promote nor advocate land tax avoidance schemes. Instead we seek to efficiently plan our clients’ property tax affairs by only utilising government approved statutory tax rules that are contained within the Scottish tax legislation, so that our clients only pay the amount of tax intended by the Scottish parliament.