Homeowners Face New Tax ; Scots Forced to Pay Extra Stealth Charge On Property Sales
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Summary
SCOTTISH homeowners are to be hit with a new stealth tax that will see the cost of selling a property rise by up to Pounds 700.
From 2008, all sellers will be required by law to provide would- be buyers with a so-called Purchaser's Information Pack.See the full content of this document
Extract
Homeowners Face New Tax ; Scots Forced to Pay Extra Stealth Charge On Property Sales
The packs will include a new sellers' survey, which is aimed at cutting the costs to prospective buyers.
However, they will cost homeowners hundreds of pounds including VAT, charged at 17.5 per cent. That means the Scottish Executive is in line to cr...See the full content of this document
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