The Scottish Budget 2025/26: steady as she goes, but with some stings in the tail
Tax Implications
Director of Corporate Tax
Isobel d'Inverno
Isobel advises on the corporate tax aspects of company acquisitions, disposals and reconstructions and real estate taxation, including student accommodation and private rented sector developments and structuring inward investment in Scottish real estate by offshore investors and funds.
Isobel's experience includes Brexit related VAT and customs duty issues, funds taxation, real estate taxes (LBTT, SDLT and LTT) as well as property VAT, capital allowances and the Construction Industry Scheme.
Isobel also advises a range of charities on tax issues including setting up trading subsidiaries, Gift aid donations by trading subsidiaries to parent charities, charitable VAT exemptions and VAT implications of business and non-business activities.
She works closely with the Scottish Government and Revenue Scotland in relation to the ongoing development of the Land and Buildings Transaction Tax and the 4% Additional Dwelling Supplement. Isobel is a member of the Devolved Taxes Legislative Working Group, set up by the Scottish Government and the Scottish Parliament to consider different ways of making changes to the devolved taxes which issued its interim report on 6 February 2020.
Living Brodies' values
Isobel has extensive corporate tax knowledge, and clients appreciate her collaborative, commercially astute and solutions focused approach.
Highlights
- Convenor of the Tax Law Committee of the Law Society of Scotland, Chair of the Tax Committee of the Scottish Property Federation and a Council Member of the Stamp Taxes Practitioners Group.
- A keen commentator on both UK and the devolved taxes at a wide range of seminars, on Brodies Corporate Tax & Incentives Twitter and LinkedIn.
- You can also follow Isobel on Twitter @isobeldInverno
- Instrumental in setting up the Edinburgh branch of Women in Tax, a network for women working in tax in the professions.
Rankings
- Ranked in Band 1 for Tax by Chambers UK 2025.
- Ranked in Legal 500 UK 2025 Hall of Fame for Corporate Tax.
She is well versed in income tax and all the complex matters such as double tax treaties and inheritance tax.
Chambers UK 2025
She is very commercial, very easy to talk to, and explains things in simple language.
Chambers UK 2025
What I find exceptional is the fact that the partners in the practice group make themselves available for problem solving, whether it is Karen Davidson, Isobel d'Inverno or Bob Langridge.
Legal 500 UK 2025
