Changes To Property Taxes 2019: LBTT And SDLT Update

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Shepherd and Wedderburn LLP

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Shepherd and Wedderburn is a leading, independent Scottish-headquartered UK law firm, with offices in Edinburgh, Glasgow, Aberdeen, London and Dublin. With a history stretching back to 1768, establishing long-standing relationships of trust, rooted in legal advice and client service of the highest quality, is our hallmark.
This year has brought with it a number of changes to property taxes.
UK Tax
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This year has brought with it a number of changes to property taxes.

In Scotland, changes have been made to the commercial rates and thresholds for Land and Buildings Transaction Tax (LBTT), along with an increase in the rate of the additional dwelling supplement.

Meanwhile, in England, the time limit for filing Stamp Duty Land Tax (SDLT) returns has been reduced to 14 days. 

To find out more about the latest changes to the Land and Buildings Transaction Tax (LBTT) in Scotland, Stamp Duty Land Tax (SDLT) in England, and Land Transaction Tax (LTT) in Wales, we invite you to  download our full briefing here.

The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.

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Changes To Property Taxes 2019: LBTT And SDLT Update

UK Tax

Contributor

Shepherd and Wedderburn is a leading, independent Scottish-headquartered UK law firm, with offices in Edinburgh, Glasgow, Aberdeen, London and Dublin. With a history stretching back to 1768, establishing long-standing relationships of trust, rooted in legal advice and client service of the highest quality, is our hallmark.
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