Glasgow solicitor struck off

William Meechan, a1 solicitor responsible for a litany of failures has been found guilty of professional misconduct as a result of numerous failures, including dealing with executry [estate] proceeds in such a way as to conceal a client’s financial position when she was claiming state benefits, and failing to issue a fee note to an executry before deducting his fees from the estate account.

The Tribunal could not accept that a would address the serious nature of this conduct as significantly as the honesty and trustworthiness of the Respondent demonstrated that the Respondent was not a fit person to be a solicitor. The Tribunal unanimously concluded that the appropriate disposal was to strike the name of the Respondent from the Roll of Solicitors in Scotland.


LTT will replace SDLT in Wales

From April 2018, Land Transaction Tax (LTT) will replace UK Stamp Duty Land Tax (SDLT) in Wales. To provide stability and reassurance to businesses and the property market initially LTT it will be consistent with the current UK tax, retaining its key elements concerning partnerships, trusts and companies, and reliefs and exemptions.

The Office for Budget Responsibility forecast that Stamp Duty receipts would rise from only £145m in 2013-14 to £231m by 2018-19 — the year when control of the tax will be devolved. Although at £170,000 the average house price in Wales is lower than UK average of £267,000, according to the latest Office of National Statistics figures there has been no proposal to lower the threshold at which tax becomes payable. This lower limit currently stands at £125,000.

Decisions on tax rates will be made closer to April 2018, including an additional rate on second homes.


Shakespeare’s Will back in Stratford

This summer William Shakespeare’s Last will and Testament, will go on display in Stratford-upon-Avon for the first time since Dr. John Hall, Shakespeare’s son-in-law took the will to London in June 1616 to get a grant of probate. By the 19th century, the will, leaving money for his actor friends to buy mourning rings to remember him by, and the notorious bequest to “my wife my second best bed with the furniture”, was so famous that tourists paid the hefty fee of a shilling to see it at Somerset House, then the home of the records of births, marriages and deaths. It has now returned, with other precious documents relating to Shakespeare’s life and work, from the present home of the National Archives at Kew. When the display is over it must go into storage in the dark for 20 years to preserve it for the future.