RELOCATION BLOG
Do You Have to Pay Tax?
When renting a residential property in the UK, the tenant must pay Stamp Duty Land Tax (SDLT) if the rent is over a certain rental amount in England and Northern Ireland, Land and Buildings Transaction Tax (LBTT) in Scotland, or Land Transaction Tax (LTT) in Wales (as of 1st April 2018).
The value thresholds are £125,000 in England and Northern Ireland, £145,000 in Scotland, and £180,000 in Wales (as of 1st April 2018).
The Scottish rate of Income Tax (SRIT), introduced by the Scotland Act 2012, gives the Scottish Parliament the power to set a Scottish rate of income tax and to raise taxes on land transactions. The SRIT will be charged on the non-savings and non-dividend income of those defined as Scottish taxpayers and will start from April 2016.
In the second of our Great British dishes, we're venturing north of the border into Scotland to take a look at a dish called "stovies".
Now I'm guessing that unless you're Scottish or have ventured into Scotland on more than one occasion you have no idea what stovies are. Or is.
Like any dish in any country, everybody has their own little recipe but essentially, stovies is a simple but deliciously tasty and warming, Scottish potato-based dish.
