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Insights

Our experts provide their insights on the latest industry developments and share tips on accountancy and business matters.

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03 April 2019

  • VAT & Duty
Balhousie Holdings ruling highlights importance of understanding VAT zero-rating

A recent Court of Session decision has highlighted the complexity and risk in the VAT zero-rating rules for many types of communal residential buildings, care homes and charities. Not understanding these rules can lead to substantial VAT costs which can arise many years after the building was completed.

25 March 2019

  • Corporate Tax
  • VAT & Duty
  • Brexit
Brexit update: where we are now?

We always guessed that the last week of the UK’s intended Brexit date of 29th March 2019 would be full of last minute hitches, but to have got to the Monday before B-date and for all aspects to still be up in the air means that it couldn’t be any worse for businesses who eagerly await certainty.  Briefly, here’s what we now know.

25 March 2019

  • Corporate Tax
Deal or no deal - what Brexit could mean for tax legislation

If the UK and EU conclude a Brexit withdrawal agreement, there will be a transition period. If there is no deal, there will be more immediate and substantial changes.

21 March 2019

  • Hospitality & Tourism
  • Private Client Tax
Does my hospitality business qualify for Business Property Relief?

Business Property Relief is a valuable Inheritance Tax (IHT) relief which can reduce tax due on business assets or shares in a business to nil.

Claire Maxwell

Claire Maxwell

Tax Senior Manager

19 March 2019

  • Construction & Property
  • Private Client Tax
Tax charges on second properties

Owning a second property as a holiday home or as a landlord has long been attractive to investors. If you are tempted to join the ranks of second home owners, you need to be clear on the tax charges you could face on purchasing your property.

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