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Second home tax could spark Fife rush to buy

A rise in the tax payable on second property purchases could spark a rush to buy in the popular East Neuk of Fife. The area has long attracted those seeking a holiday home or property to let, lured by the beautiful beaches, tranquil atmosphere and pretty seaside villages. Head of Property Sales in Fife, Linda Black,... Read More

Property Tax Countdown

Changes coming down the line to the tax payable on property purchases will have a knock on effect throughout the market. On 16th December John Swinney the Scottish Finance Secretary announced that there will be a 3% tax surcharge applied to those buying a second home or a Buy-to-Let property valued in excess of £40,... Read More

Are You Leaving Your Loved Ones Less Than You Thought?

The Office for Budget Responsibility (“OBR”), an independent fiscal watchdog for the government, has estimated that the number of UK families paying Inheritance Tax (“IHT”) is at its highest level in over 35 years, meaning many are leaving their loved ones less than they had thought. The OBR estimate... Read More

Downward Pressure on Farmers Must Stop

The Scottish Government figures on Scottish Farm debt which were published in the autumn were disappointing. Loans to Scottish farms rose by £73 million, a 4% increase in the last year and the sixth consecutive annual increase in debt bringing the total amount due to £2.03 billon the highest since the late... Read More


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