33% increase in taxation of second home owners is another bit of SNP progressive taxation

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John Robertson
33% increase in taxation of second home owners is another bit of SNP progressive taxation

(c) scotlandstophostels.com In that leftie online business magazine, Insider, today: ‘The Scottish Budget for 2019/2020 was introduced to the Scottish Parliament by Derek Mackay, Cabinet Secretary for Finance, Economy and Fair Work on 12 December 2018. The Budget contains a proposal to increase Ads from 35 to 4% of the relevant consideration. ADS is an additional amount of Land and Buildings Transaction payable on the purchase of a second residence in Scotland, e.g. a second home or a buy-to-let property.…

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John Robertson
33% increase in taxation of second home owners is another bit of SNP progressive taxation