Murray Beith Murray

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Why you should get your Self Assessment income tax return ready early

Monday, 08 February 2021

Murray Beith Murray

Tax

If you have just raced to complete your Self Assessment tax return, you are not alone. Last year, HMRC reported that around 700,000 taxpayers left their tax return to the last day in 2020, with 26,500 people submitting their return between 11 pm and midnight - the last hour before the deadline. However, there are many advantages to preparing and submitting your Self Assessment tax return in advance. In this post, we look at some of the benefits of submitting your tax return early.

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Commercial property market in Scotland remains resilient - but what comes next?

Friday, 29 January 2021

Murray Beith Murray

Commercial Property

2020 was a difficult year for the commercial property sector with the COVID-19 pandemic causing significant challenges for investors, landlords and tenants. During the first lockdown, investment in commercial property slowed significantly. With surveyors unable to visit developments, the shutdown of the courts and the Land register, among other practical difficulties, completing commercial property transactions was incredibly challenging.

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Scottish Budget Update – Property Taxes

Friday, 29 January 2021

Murray Beith Murray

News/Press

The temporary cut to Land and Building Transaction Tax (LBTT) nil-rate band introduced in July 2020 saw the starting point for LBTT rise from £145,000 to £250,000.

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Scottish Budget Update

Thursday, 28 January 2021

Murray Beith Murray

News/Press

Earlier today, the Scottish Finance Secretary Kate Forbes told MSPs that this was a time for "stability, certainty and targeted support".

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