Tax


New Probate Fees – April 2019

This month, the government is proposing to change the current probate fee structure from a flat rate fee, to one based on the value of the estate. The new proposals set out a banded structure, where fees rise with size of the estate. At the moment, families in England and Wales pay a flat probate fee of £215, or £155 if they apply through a solicitor, […]


Land Transaction Tax replaces Stamp Duty in Wales

From April 1 the Welsh Assembly Government introduced its own Land Transaction Tax (LTT) replacing Stamp Duty Land Tax (SDLT). This means that England, Scotland and Wales each have their own separate regime for taxing the acquisition of land.  LTT is the first tax introduced by a Welsh Government in almost 800 years. What is Land Transaction Tax (LTT)? Like SDLT, LTT will be payable […]