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Scrap crown tax breaks, say Scottish Greens
THE Scottish Greens have called for the monarchy’s “absurd and undeserved” 100 per cent tax break on buying property to be scrapped as part of the new Housing (Scotland) Bill.
Land and buildings transaction tax is levied at rates of between 5 and 12 per cent on anyone purchasing properties worth over £145,000 — unless they are Charles Windsor, who pays nothing.
The exemption is just one of a range of such privileges, also covering capital gains and inheritance taxes, among others, that the multibillionaire receives through the accident of birth.
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