Murray Beith Murray LLP is a leading Scottish private client law firm.
For 175 years we have specialised in meeting the legal, financial and administrative needs of individuals and families, family trusts, charities and private companies.
If you are required to work from home, including due to the COVID-19 pandemic, you can claim for the increased cost of things such as internet, phone bills and equipment for the time you spend at home. While the working from home allowance is not new, the rules have changed slightly and more people may be eligible as a result of the lockdown restrictions.
If you hold a bank account jointly with your spouse, civil partner, or another person, you may be concerned about what will happen should one of you pass away. Will you still have access to the account? Do you own all of the funds in the account? What forms part of the deceased’s estate? We understand that this may already be a difficult time for you, so in this article, we set out simply what happens to a joint bank account under Scottish Law when one party has passed away. Please note that different rules apply under the law of England and Wales to joint accounts held there.
Murray Beith Murray are pleased to announce that Partners, Peter Shand and Andrew Paterson, and the Asset Protection group have been ranked for Private Wealth Law in the Chambers High Net Worth Guide 2021.
It is a widely-held belief that when British expats move abroad, their liability under the UK tax regime comes to an end. Even when expats become tax resident elsewhere in Europe, it is rare that they will no longer be liable to pay UK Inheritance Tax (IHT). In this article, we provide an overview of why even in a post-Brexit world, UK expats living in the EU, or elsewhere, need to remain vigilant with regards to inheritance tax.
Murray Beith Murray is pleased to support the 2021 Helping It Happen Awards by sponsoring the Iver Salvesen Award for Combatting Climate Change.
