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Murray Beith Murray is a leading Scottish private client law firm.

For over 170 years we have specialised in meeting the legal, financial and administrative needs of individuals and families, family trusts, charities and private companies.

Changes for non UK resident investors of UK Property

laura

From 6 April 2019 the UK Capital Gains Tax regime for non UK residents has being extended to include the disposal of all UK real estate property (residential and non-residential) as well as on the sale of shares of companies whose assets are “property rich” deriving at least 75% of their value from UK property.   

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Changes to Private Residential Reliefs

laura

In the 2018 Budget, the Chancellor included two provisions for changes to Private Residence Reliefs, restricting Lettings Relief and reducing the Private Residence Relief final period exemption, to take effect from April 2020.

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The dangers of not making a Will

andrew

Making a Will is something that many people put off. However, it is important to take steps now to ensure that your family will be protected should the unthinkable happen.

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Tenanted agricultural housing and the repairing standard

phillip

Philip Buchan, Associate with Murray Beith Murray, writes in the summer edition (June 2019) of Scottish Land & Estates LandBusiness magazine.

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Business Owners at Risk of not having a Succession Plan

peter

Planning for what will happen to your estate once you are no longer around is never an easy task. Careful considerations must be made as to who you would like to inherit your estate, when you would like them to inherit, and what tax implications inheritance might have. Where a business is owned, it is also important to consider these same points, as failing to plan for succession of a business can have seriously damaging effects on the business and to your family's inheritance. For private, owner-managed, or family-owned businesses, a solid succession plan can drive the growth of the business, reduce taxes, and set the stage for retirement and continued growth of the business for generations to come.

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