Our comprehensive guide on Revenue Scotland’s Land and Buildings Transaction Tax (LBTT) offers all relevant guidance in a clear, straightforward format. We’ve simplified complex information to provide practical explanations that are easy to follow.
For your convenience and confidence, each article includes direct links to the original Revenue Scotland guidance, so you can review official information and verify details as needed.
Revenue Scotland LBTT: Guide to Submitting, Amending, and Paying Land and Buildings Transaction Tax
Submitting, Amending, and Paying LBTT
This page provides practical guidance on handling Land and Buildings Transaction Tax (LBTT) in Scotland. It covers essential procedures and requirements for submitting, amending, or paying LBTT returns.
- Instructions on how to submit an LBTT return.
- Guidance for amending previously submitted returns.
- Details on making payments for LBTT.
- Information on compliance with Scottish tax regulations.
- Resources for further assistance and support.
Revenue Scotland LBTT: Guide to Submitting, Amending, and Paying Land and Buildings Transaction Tax
Original guidance here: Revenue Scotland LBTT: Guide to Submitting, Amending, and Paying Land and Buildings Transaction Tax
Revenue Scotland LBTT: Understanding Authority to Act with Revenue Scotland: Empowering Agents for Tax Affairs Management
Authority to Act with Revenue Scotland
This section explains the concept of granting authority to act to an agent or trusted helper in relation to your tax affairs with Revenue Scotland. By doing so, the agent can manage your tax matters on your behalf.
- Agents receive copies of reminders or notices sent to you.
- Agents can act on your behalf in tax-related communications.
- Direct correspondence to you will also be copied to your agent.
Original guidance here: Revenue Scotland LBTT: Understanding Authority to Act with Revenue Scotland: Empowering Agents for Tax Affairs Management
Revenue Scotland LBTT: Understanding the Additional Dwelling Supplement for Scottish Property Transactions
The Additional Dwelling Supplement (ADS)
The Additional Dwelling Supplement (ADS) is a tax applied in Scotland on the purchase of additional residential properties. It is part of the Land and Buildings Transaction Tax (LBTT) framework. The ADS aims to regulate the housing market and ensure fair taxation.
- Applies to purchases of additional residential properties.
- Part of the Land and Buildings Transaction Tax (LBTT).
- Designed to regulate the housing market.
- Ensures fair taxation on multiple property ownership.
Original guidance here: Revenue Scotland LBTT: Understanding the Additional Dwelling Supplement for Scottish Property Transactions
Revenue Scotland LBTT: Land and Buildings Transaction Tax: Common Questions Answered by Revenue Scotland
Land and Buildings Transaction Tax FAQs
This page provides a comprehensive list of frequently asked questions regarding the Land and Buildings Transaction Tax (LBTT) in Scotland. It aims to clarify various aspects of the tax, offering guidance and insights for taxpayers.
- Explanation of LBTT and its applicability.
- Details on tax rates and thresholds.
- Guidance on exemptions and reliefs available.
- Information on filing and payment procedures.
- Clarification on additional dwelling supplement.
Original guidance here: Revenue Scotland LBTT: Land and Buildings Transaction Tax: Common Questions Answered by Revenue Scotland
Revenue Scotland LBTT: Guidance on Amending a Submitted LBTT Return with Revenue Scotland
Guidance on Amending an LBTT Return
This page provides detailed guidance on how to amend a submitted Land and Buildings Transaction Tax (LBTT) return in Scotland. It outlines the necessary steps and considerations for making changes to previously submitted returns.
- Understand the circumstances under which an amendment is required.
- Follow the step-by-step process for submitting an amendment.
- Ensure all relevant information is accurately updated.
- Be aware of any deadlines or penalties associated with amendments.
Revenue Scotland LBTT: Guidance on Amending a Submitted LBTT Return with Revenue Scotland
Original guidance here: Revenue Scotland LBTT: Guidance on Amending a Submitted LBTT Return with Revenue Scotland
Revenue Scotland LBTT: Guide to Claiming Repayment for Additional Dwelling Supplement in Scotland
Claiming Repayment of Additional Dwelling Supplement (ADS)
This page provides guidance on how to claim a repayment of the Additional Dwelling Supplement (ADS) in Scotland, which varies depending on the claimant. The principles and concepts are outlined as follows:
- Understanding who is eligible to make a claim for ADS repayment.
- Detailed steps on the process of submitting a claim.
- Information on necessary documentation and evidence required.
- Guidance on timelines and deadlines for making a claim.
Revenue Scotland LBTT: Guide to Claiming Repayment for Additional Dwelling Supplement in Scotland
Original guidance here: Revenue Scotland LBTT: Guide to Claiming Repayment for Additional Dwelling Supplement in Scotland
Revenue Scotland LBTT: Guide to Submitting Online LBTT Lease Returns on Revenue Scotland Website
How to Make an Online LBTT Lease Return
This page provides guidance on submitting an online Land and Buildings Transaction Tax (LBTT) lease return in Scotland. It outlines the necessary steps and requirements for completing the process efficiently.
- Understand the LBTT lease return process and its importance.
- Follow step-by-step instructions for online submission.
- Ensure all required information and documentation are prepared.
- Learn how to amend or pay LBTT if needed.
- Access additional resources and support from Revenue Scotland.
Revenue Scotland LBTT: Guide to Submitting Online LBTT Lease Returns on Revenue Scotland Website
Original guidance here: Revenue Scotland LBTT: Guide to Submitting Online LBTT Lease Returns on Revenue Scotland Website
Revenue Scotland LBTT: Guide for Agents: Submitting Online LBTT Lease Review Returns
Online LBTT Lease Review Return Guidance
This page provides detailed guidance for agents on submitting an online Land and Buildings Transaction Tax (LBTT) lease review return via the Revenue Scotland portal. It outlines the necessary steps and requirements for successful submission.
- Instructions on accessing the online portal.
- Details on completing the lease review return form.
- Information on amending or paying LBTT returns.
- Guidance on compliance with legal obligations.
- Support resources for troubleshooting common issues.
Revenue Scotland LBTT: Guide for Agents: Submitting Online LBTT Lease Review Returns
Original guidance here: Revenue Scotland LBTT: Guide for Agents: Submitting Online LBTT Lease Review Returns
Revenue Scotland LBTT: Guide for Tenants: Submitting and Amending Online LBTT Lease Review Returns
Guidance for Tenants on LBTT Lease Review Return
This page provides essential guidance for tenants on how to access, submit, and amend an online Land and Buildings Transaction Tax (LBTT) lease review return. It outlines the necessary steps and considerations for completing this process effectively.
- Instructions for accessing the online LBTT lease review return portal.
- Step-by-step guidance on submitting a lease review return.
- Details on how to amend a previously submitted return.
- Important considerations and requirements for tenants.
Revenue Scotland LBTT: Guide for Tenants: Submitting and Amending Online LBTT Lease Review Returns
Original guidance here: Revenue Scotland LBTT: Guide for Tenants: Submitting and Amending Online LBTT Lease Review Returns
Revenue Scotland LBTT: Guide to Submitting Online Land and Buildings Transaction Tax Return
Guidance on Submitting an Online LBTT Return
This page provides detailed instructions on how to submit an online Land and Buildings Transaction Tax (LBTT) return through Revenue Scotland’s platform. It outlines the necessary steps and requirements for a successful submission.
- Explanation of the LBTT return process.
- Step-by-step guide for online submission.
- Details on required information and documentation.
- Instructions for amending or paying the LBTT.
- Contact information for further assistance.
Revenue Scotland LBTT: Guide to Submitting Online Land and Buildings Transaction Tax Return
Original guidance here: Revenue Scotland LBTT: Guide to Submitting Online Land and Buildings Transaction Tax Return
Revenue Scotland LBTT: Guide to Completing ‘About the Buyer’ Section for LBTT Returns
About the Buyer Section
This section provides guidance on completing the ‘About the Buyer’ part of an online LBTT return. It outlines the necessary information required to accurately fill this section and ensure compliance with Revenue Scotland’s requirements.
- Details on the buyer’s identity and contact information.
- Instructions for entering legal entity details if applicable.
- Guidance on declaring any additional buyers involved in the transaction.
- Clarification on the importance of accurate data entry to avoid penalties.
Revenue Scotland LBTT: Guide to Completing ‘About the Buyer’ Section for LBTT Returns
Original guidance here: Revenue Scotland LBTT: Guide to Completing ‘About the Buyer’ Section for LBTT Returns
Revenue Scotland LBTT: Guide to Completing the ‘About the Calculation’ Section for Online LBTT Returns
About the Calculation
This section provides guidance on completing the ‘About the Calculation’ part of the online Land and Buildings Transaction Tax (LBTT) return. It outlines the necessary steps and information required to ensure accurate submission.
- Understand the purpose of the ‘About the Calculation’ section in the LBTT return.
- Learn the steps needed to complete this section accurately.
- Ensure all relevant information is included for correct tax calculation.
- Access additional resources and support if needed.
Original guidance here: Revenue Scotland LBTT: Guide to Completing the ‘About the Calculation’ Section for Online LBTT Returns
Revenue Scotland LBTT: Guide to Completing the ‘About the Conveyance or Transfer’ Section for LBTT Returns
About the Conveyance or Transfer
This section provides guidance on completing the ‘About the Conveyance or Transfer’ part of the online Land and Buildings Transaction Tax (LBTT) return. It covers essential principles and concepts to ensure accurate submission.
- Understand the details required for conveyance or transfer.
- Ensure compliance with LBTT regulations.
- Follow the step-by-step process for online submission.
- Access resources for additional support and clarification.
- Utilise the online platform for efficient tax return management.
Original guidance here: Revenue Scotland LBTT: Guide to Completing the ‘About the Conveyance or Transfer’ Section for LBTT Returns
Revenue Scotland LBTT: Guide to Completing LBTT Reliefs Section in Online Return Application
Guidance on Completing the Reliefs Section in LBTT Online Return
This guidance provides instructions on completing the reliefs section in the LBTT online return application. It includes steps to add and edit relief information, essential for accurate tax submissions.
- Access the reliefs section by selecting the ‘Edit reliefs’ button in the LBTT return.
- Use the ‘Add row’ button to input new relief information.
- Refer to LBTT3010 for detailed information on tax reliefs.
Revenue Scotland LBTT: Guide to Completing LBTT Reliefs Section in Online Return Application
Original guidance here: Revenue Scotland LBTT: Guide to Completing LBTT Reliefs Section in Online Return Application
Revenue Scotland LBTT: Guide to Submitting LBTT Returns Online via Revenue Scotland Portal
Introduction to Online LBTT Return
This section provides guidance on using the online portal for submitting a Land and Buildings Transaction Tax (LBTT) return. It outlines the necessary steps and considerations for taxpayers.
- Overview of the LBTT online submission process.
- Instructions on how to amend or pay an LBTT return.
- Details on accessing the online portal.
- Guidelines for ensuring accurate submission.
- Information on support and resources available.
Revenue Scotland LBTT: Guide to Submitting LBTT Returns Online via Revenue Scotland Portal
Original guidance here: Revenue Scotland LBTT: Guide to Submitting LBTT Returns Online via Revenue Scotland Portal
Revenue Scotland LBTT: Guide to Completing the ‘About the Seller’ Section for LBTT Returns
About the Seller Section
This section provides guidance on completing the ‘About the Seller’ part of the online Land and Buildings Transaction Tax (LBTT) return. It outlines essential principles and concepts to ensure accurate submission.
- Details required about the seller, including personal and contact information.
- Instructions on how to input seller data correctly in the LBTT return form.
- Explanation of the importance of accuracy in the seller’s information for tax purposes.
- Guidance on common issues and how to resolve them during the submission process.
Revenue Scotland LBTT: Guide to Completing the ‘About the Seller’ Section for LBTT Returns
Original guidance here: Revenue Scotland LBTT: Guide to Completing the ‘About the Seller’ Section for LBTT Returns
Revenue Scotland LBTT: Guide to Completing the Additional Dwelling Supplement Section Online
Additional Dwelling Supplement Guidance
This section provides guidance on completing the Additional Dwelling Supplement (ADS) part of the Land and Buildings Transaction Tax (LBTT) return. It outlines the principles and concepts necessary for accurate submission.
- Understanding the purpose of ADS in the context of LBTT.
- Step-by-step instructions for completing the ADS section.
- Clarification on eligibility and exemptions for ADS.
- Details on how to amend or pay the ADS online.
- Contact information for further assistance.
Revenue Scotland LBTT: Guide to Completing the Additional Dwelling Supplement Section Online
Original guidance here: Revenue Scotland LBTT: Guide to Completing the Additional Dwelling Supplement Section Online
Revenue Scotland LBTT: Guide to Submitting and Paying Land and Buildings Transaction Tax Online
How to Submit an Online LBTT Return
This section provides guidance on submitting an online Land and Buildings Transaction Tax (LBTT) return through Revenue Scotland’s platform. It outlines the necessary steps and requirements for successful submission.
- Understand the LBTT return process and its importance.
- Ensure all required information is accurately completed.
- Follow the online submission procedure step-by-step.
- Learn how to amend or pay the LBTT if needed.
- Access support resources for any submission issues.
Revenue Scotland LBTT: Guide to Submitting and Paying Land and Buildings Transaction Tax Online
Original guidance here: Revenue Scotland LBTT: Guide to Submitting and Paying Land and Buildings Transaction Tax Online
Revenue Scotland LBTT: Guide for Paying Land and Buildings Transaction Tax Online in Scotland
How to Pay LBTT
This section provides guidance on paying the Land and Buildings Transaction Tax (LBTT) for online returns. It outlines the necessary steps and considerations for ensuring a successful payment process.
- Understand the LBTT payment requirements and deadlines.
- Ensure accurate completion of online return forms.
- Follow the specified payment methods and procedures.
- Verify payment confirmation to avoid any discrepancies.
- Seek assistance if encountering issues during the payment process.
Revenue Scotland LBTT: Guide for Paying Land and Buildings Transaction Tax Online in Scotland
Original guidance here: Revenue Scotland LBTT: Guide for Paying Land and Buildings Transaction Tax Online in Scotland
Revenue Scotland LBTT: Guide on Paying Penalties for Late LBTT Returns in Scotland
How to Pay a Penalty for a Late LBTT Return
This page provides guidance on paying penalties for late Land and Buildings Transaction Tax (LBTT) returns in Scotland. It outlines the necessary steps and considerations for taxpayers who have missed the deadline.
- Understand the implications of late LBTT returns.
- Learn the process for calculating penalties.
- Explore payment options available for settling penalties.
- Access resources for further assistance and support.
Revenue Scotland LBTT: Guide on Paying Penalties for Late LBTT Returns in Scotland
Original guidance here: Revenue Scotland LBTT: Guide on Paying Penalties for Late LBTT Returns in Scotland
Revenue Scotland LBTT: Guide to Paying Land and Buildings Transaction Tax Online in Scotland
How to Pay LBTT
This section provides guidance on paying the Land and Buildings Transaction Tax (LBTT) for online returns in Scotland. It outlines the necessary steps and considerations for taxpayers to ensure compliance with LBTT regulations.
- Understand the LBTT payment process for online submissions.
- Learn about the available payment methods and their requirements.
- Ensure timely payment to avoid penalties or interest charges.
- Access additional resources and support for LBTT-related queries.
Revenue Scotland LBTT: Guide to Paying Land and Buildings Transaction Tax Online in Scotland
Original guidance here: Revenue Scotland LBTT: Guide to Paying Land and Buildings Transaction Tax Online in Scotland
Revenue Scotland LBTT: Report suspected tax wrongdoing to Revenue Scotland using our secure online form.
Reporting Suspected Wrongdoing to Revenue Scotland
This page provides guidance on how to report suspected wrongdoing related to Land and Buildings Transaction Tax to Revenue Scotland. It outlines the principles and procedures for submitting information securely and confidentially.
- Emphasises the importance of reporting tax-related misconduct.
- Details the secure methods available for submitting reports.
- Assures confidentiality and protection of the informant’s identity.
- Encourages the public to contribute to tax compliance and fairness.
Original guidance here: Revenue Scotland LBTT: Report suspected tax wrongdoing to Revenue Scotland using our secure online form.
Revenue Scotland LBTT: Revenue Scotland Lease Review Returns During COVID-19: FAQs and Penalty Information
COVID-19 Period FAQs
This section addresses frequently asked questions regarding the treatment of lease review returns by Revenue Scotland during the COVID-19 period. It covers the principles of penalty issuance and reduction, specifically for relevant dates between 21 February 2020 and 31 August 2021.
- Revenue Scotland’s approach to lease review returns during COVID-19.
- Explanation of penalty issuance and reduction to nil.
- Applicable period: 21 February 2020 to 31 August 2021.
- Focus on Land and Buildings Transaction Tax (LBTT) queries.
Original guidance here: Revenue Scotland LBTT: Revenue Scotland Lease Review Returns During COVID-19: FAQs and Penalty Information
Revenue Scotland LBTT: Guidance on Additional Dwelling Supplement for Land and Buildings Transaction Tax
The Additional Dwelling Supplement (ADS) Technical Guidance
This page provides detailed guidance on the Additional Dwelling Supplement (ADS) applicable in Scotland. It covers the principles and concepts related to the tax implications for purchasing additional residential properties.
- ADS is a tax applied to the purchase of additional dwellings.
- It aims to manage the housing market by discouraging multiple property ownership.
- Guidance includes calculation methods and potential exemptions.
- Important for property investors and buyers in Scotland.
Original guidance here: Revenue Scotland LBTT: Guidance on Additional Dwelling Supplement for Land and Buildings Transaction Tax
Revenue Scotland LBTT: Guide to ADS Exemptions and Reliefs for Land and Buildings Tax
ADS Exemptions and Reliefs
This section provides an overview of the exemptions and reliefs available for the Additional Dwelling Supplement (ADS) under the Land and Buildings Transaction Tax (LBTT) in Scotland.
- Various exemptions are applicable to the ADS, reducing the tax burden for eligible transactions.
- Reliefs are available to further alleviate the financial impact of the ADS for qualifying individuals and entities.
- Understanding these exemptions and reliefs is crucial for effective tax planning and compliance.
Revenue Scotland LBTT: Guide to ADS Exemptions and Reliefs for Land and Buildings Tax
Original guidance here: Revenue Scotland LBTT: Guide to ADS Exemptions and Reliefs for Land and Buildings Tax
Revenue Scotland LBTT: Understanding Effective Dates in Additional Dwelling Supplement Transactions.
Effective Date of a Transaction
The effective date of a transaction, as defined by the Additional Dwelling Supplement (ADS), is crucial in determining when the liability to Land and Buildings Transaction Tax (LBTT) arises. This date is typically the settlement or completion date in standard residential property transactions, marked by the exchange of the purchase price for keys and disposition.
- The effective date is when LBTT liability arises.
- Usually coincides with settlement or completion.
- Involves exchange of purchase price for keys and disposition.
Revenue Scotland LBTT: Understanding Effective Dates in Additional Dwelling Supplement Transactions.
Original guidance here: Revenue Scotland LBTT: Understanding Effective Dates in Additional Dwelling Supplement Transactions.
Revenue Scotland LBTT: Overview of Additional Dwelling Supplement in Scotland’s Land and Buildings Transaction Tax.
Additional Dwelling Supplement (ADS) Overview
The Additional Dwelling Supplement (ADS) was introduced by Revenue Scotland on 1 April 2016. It was established through primary legislation by adding Schedule 2A to the Land and Buildings Transaction Tax (Scotland) Act 2013. This move was in response to the UK’s Higher Rates for Additional Dwellings (HRAD) for Stamp Duty Land Tax (SDLT).
- Implemented to address additional dwelling purchases.
- Part of Land and Buildings Transaction Tax (LBTT).
- Similar measures introduced in Wales in 2018.
Original guidance here: Revenue Scotland LBTT: Overview of Additional Dwelling Supplement in Scotland’s Land and Buildings Transaction Tax.
Revenue Scotland LBTT: Guide to Completing LBTT Returns and Paying Additional Dwelling Supplement (ADS)
ADS Return, Payment and Amendments
This section provides guidance on submitting a Land and Buildings Transaction Tax (LBTT) return and paying the Additional Dwelling Supplement (ADS) in Scotland. Key principles include:
- A return must be made to Revenue Scotland within 30 days of the transaction’s effective date.
- The buyer is responsible for calculating and paying any LBTT due when submitting the return.
- Details of the ADS must be included in the LBTT return, with payment made alongside any LBTT due.
Original guidance here: Revenue Scotland LBTT: Guide to Completing LBTT Returns and Paying Additional Dwelling Supplement (ADS)
Revenue Scotland LBTT: Understanding ADS Rules for Multiple Property Transactions in Scotland
ADS Rules for Particular Transactions and Buyers
This section explains the Additional Dwelling Supplement (ADS) rules applicable to specific transactions and buyers. The ADS is relevant when a buyer, or any individual in a group of buyers, owns two or more dwellings at the end of the transaction day and is not replacing their only or main residence.
- ADS applies to buyers owning multiple dwellings.
- Effective when not replacing the main residence.
- Relevant for transactions involving multiple buyers.
- Focuses on the effective date of the transaction.
Revenue Scotland LBTT: Understanding ADS Rules for Multiple Property Transactions in Scotland
Original guidance here: Revenue Scotland LBTT: Understanding ADS Rules for Multiple Property Transactions in Scotland
Revenue Scotland LBTT: Guide to Additional Dwelling Supplement Legislation by Revenue Scotland
Legislation Covering Additional Dwelling Supplement (ADS)
This section provides an overview of the legislation related to the Additional Dwelling Supplement (ADS) under the Land and Buildings Transaction Tax (LBTT) in Scotland. It guides users to relevant legal resources for further information.
- Comprehensive list of legislation covering ADS.
- Links to detailed legislative documents.
- Guidance on accessing legislation via legislation.gov.uk.
- Information on the technical aspects of ADS.
Revenue Scotland LBTT: Guide to Additional Dwelling Supplement Legislation by Revenue Scotland
Original guidance here: Revenue Scotland LBTT: Guide to Additional Dwelling Supplement Legislation by Revenue Scotland
Revenue Scotland LBTT: Understanding the Effective Date in Land and Buildings Transaction Tax Guidance
LBTT Effective Date Guidance
This page provides guidance on the definition of the effective date in a typical land transaction under the Land and Buildings Transaction Tax (LBTT) framework. The effective date is crucial for determining when a transaction is considered completed or settled.
- Defines the effective date in land transactions.
- Explains its importance in the LBTT framework.
- Clarifies when a transaction is deemed completed or settled.
- Guides taxpayers on compliance with LBTT regulations.
Original guidance here: Revenue Scotland LBTT: Understanding the Effective Date in Land and Buildings Transaction Tax Guidance
Revenue Scotland LBTT: Understanding Land Transactions: Chargeable and Exempt Interests Explained for LBTT Guidance
Understanding Land Transactions
This section provides guidance on defining a land transaction under the Land and Buildings Transaction Tax (LBTT) in Scotland. It explains the concepts of chargeable and exempt interests, which are crucial for determining tax obligations.
- Land Transaction: A legal agreement involving the acquisition of land or buildings.
- Chargeable Interest: Interests in land that are subject to LBTT.
- Exempt Interest: Interests that are not liable for LBTT.
Original guidance here: Revenue Scotland LBTT: Understanding Land Transactions: Chargeable and Exempt Interests Explained for LBTT Guidance
Revenue Scotland LBTT: Understanding the Effective Date in Land and Buildings Transaction Tax Guidance
Understanding the Effective Date in LBTT
This section provides guidance on the definition of the effective date in a typical land transaction for Land and Buildings Transaction Tax (LBTT) purposes. The effective date is crucial for determining tax obligations and compliance.
- The effective date is generally the date of completion or settlement of the transaction.
- It is essential for calculating when tax returns and payments are due.
- Understanding this date helps ensure compliance with LBTT regulations.
Original guidance here: Revenue Scotland LBTT: Understanding the Effective Date in Land and Buildings Transaction Tax Guidance
Revenue Scotland LBTT: Guide to LBTT: Understanding Contracts, Conveyance, and Substantial Performance Rules
LBTT Guidance on Contracts and Conveyance
This page provides guidance on the Land and Buildings Transaction Tax (LBTT) concerning contracts and conveyance. It explains the rules related to substantial performance and completion of contracts.
- Details the principles of substantial performance in contracts.
- Explains the concept of contract completion for LBTT purposes.
- Provides insights into how conveyance affects LBTT liabilities.
- Clarifies the implications of substantial performance on tax obligations.
Original guidance here: Revenue Scotland LBTT: Guide to LBTT: Understanding Contracts, Conveyance, and Substantial Performance Rules
Revenue Scotland LBTT: LBTT Guidance: Contracts for Conveyance to Third Parties in Land Transactions
LBTT Guidance on Third Party Conveyance Contracts
This page provides guidance on the Land and Buildings Transaction Tax (LBTT) concerning contracts that involve conveyance to a third party. It explains key principles and concepts related to substantial performance and completion.
- Understanding LBTT implications for third party conveyance contracts.
- Clarification on substantial performance and its impact on tax obligations.
- Guidance on completion and how it affects LBTT liabilities.
- Relevant for parties involved in land transactions under Scottish tax law.
Revenue Scotland LBTT: LBTT Guidance: Contracts for Conveyance to Third Parties in Land Transactions
Original guidance here: Revenue Scotland LBTT: LBTT Guidance: Contracts for Conveyance to Third Parties in Land Transactions
Revenue Scotland LBTT: LBTT Guidance on Options and Pre-emption Rights Explained
LBTT Guidance on Options and Rights of Pre-emption
This page provides guidance on the Land and Buildings Transaction Tax (LBTT) concerning options and rights of pre-emption. It explains the key principles and concepts involved.
- Definition of options and rights of pre-emption in the context of LBTT.
- Explanation of the effective date for tax purposes.
- Clarification on how these rights impact LBTT liabilities.
- Guidance on compliance with LBTT legislation.
Revenue Scotland LBTT: LBTT Guidance on Options and Pre-emption Rights Explained
Original guidance here: Revenue Scotland LBTT: LBTT Guidance on Options and Pre-emption Rights Explained
Revenue Scotland LBTT: Guide to Determining Notifiable and Chargeable LBTT Transactions in Scotland
Understanding LBTT Transaction Flowchart
This page provides a flowchart to guide users through the process of determining if a land transaction is notifiable and chargeable under the Land and Buildings Transaction Tax (LBTT) in Scotland. The flowchart simplifies complex tax legislation into manageable steps.
- Illustrates steps for assessing LBTT applicability.
- Helps identify notifiable transactions.
- Clarifies chargeable transaction criteria.
- Supports compliance with LBTT legislation.
Revenue Scotland LBTT: Guide to Determining Notifiable and Chargeable LBTT Transactions in Scotland
Original guidance here: Revenue Scotland LBTT: Guide to Determining Notifiable and Chargeable LBTT Transactions in Scotland
Revenue Scotland LBTT: Understanding the Relevant Date in LBTT Transactions by Revenue Scotland
Understanding the Relevant Date in LBTT
The section explains the concept of the ‘relevant date’ within the Land and Buildings Transaction Tax (LBTT) regime as per Section 36 of the LBTT(S)A 2013. This date is crucial for determining tax liabilities in property transactions.
- The relevant date varies depending on the type of transaction.
- It is essential for calculating the tax due under the LBTT regime.
- Understanding the relevant date helps in compliance with tax regulations.
Revenue Scotland LBTT: Understanding the Relevant Date in LBTT Transactions by Revenue Scotland
Original guidance here: Revenue Scotland LBTT: Understanding the Relevant Date in LBTT Transactions by Revenue Scotland
Revenue Scotland LBTT: Understanding Debt in Chargeable Consideration for Land Transactions in Scotland
Principles of Debt as Chargeable Consideration
This section provides guidance on how debt is treated when determining the chargeable consideration in a land transaction under the Land and Buildings Transaction Tax (LBTT) framework.
- Explains the inclusion of debt in calculating chargeable consideration.
- Clarifies the LBTT2003 regulation related to debt consideration.
- Outlines scenarios where debt impacts the tax calculation.
- Provides examples to illustrate the application of these principles.
Original guidance here: Revenue Scotland LBTT: Understanding Debt in Chargeable Consideration for Land Transactions in Scotland
Revenue Scotland LBTT: Understanding Chargeable Consideration in LBTT Transactions: A Guide by Revenue Scotland
Principles of Chargeable Consideration in LBTT Transactions
This section introduces Chapter 2 of the LBTT legislation guidance, focusing on determining the chargeable consideration in a Land and Buildings Transaction Tax (LBTT) transaction. It outlines key concepts and principles relevant to LBTT2001.
- Chargeable consideration is a fundamental aspect of LBTT transactions.
- Guidance is provided under LBTT2001 legislation.
- Essential for understanding tax calculations in property transactions.
- Helps ensure compliance with Revenue Scotland’s tax regulations.
Original guidance here: Revenue Scotland LBTT: Understanding Chargeable Consideration in LBTT Transactions: A Guide by Revenue Scotland
Revenue Scotland LBTT: Understanding Market Value in Land and Buildings Transaction Tax Guidance
Understanding Market Value in LBTT
This section provides guidance on determining the chargeable consideration in a land transaction under the Land and Buildings Transaction Tax (LBTT) framework, focusing on the use of market value.
- Explains the concept of market value in the context of LBTT.
- Outlines how market value affects chargeable consideration.
- Provides legislative guidance under LBTT2016.
- Applicable to transactions involving land or buildings.
Revenue Scotland LBTT: Understanding Market Value in Land and Buildings Transaction Tax Guidance
Original guidance here: Revenue Scotland LBTT: Understanding Market Value in Land and Buildings Transaction Tax Guidance
Revenue Scotland LBTT: Understanding LBTT Exemptions and Reliefs: Chapter 3 Guidance from Revenue Scotland
LBTT Exemptions and Reliefs
This section provides an introduction to Chapter 3 of the LBTT legislation guidance, focusing on exemptions and reliefs from the Land and Buildings Transaction Tax (LBTT). It outlines the principles and concepts related to tax reliefs and exemptions.
- Overview of LBTT exemptions and reliefs.
- Explanation of specific reliefs applicable under LBTT.
- Guidance on how to apply for exemptions.
- Clarification of eligibility criteria for tax reliefs.
Original guidance here: Revenue Scotland LBTT: Understanding LBTT Exemptions and Reliefs: Chapter 3 Guidance from Revenue Scotland
Revenue Scotland LBTT: Guide on LBTT Exemptions for Land and Buildings Transactions in Scotland
Exempt Transactions Under LBTT
This section provides guidance on land transactions that are exempt from the Land and Buildings Transaction Tax (LBTT) in Scotland. It outlines the principles and concepts that determine exemptions, helping individuals and businesses understand their tax obligations.
- Definition of exempt interest and transactions.
- Criteria for qualifying as an exempt transaction.
- Examples of common exempt transactions.
- Guidance on applying for exemptions.
- Relevant legislation and legal references.
Revenue Scotland LBTT: Guide on LBTT Exemptions for Land and Buildings Transactions in Scotland
Original guidance here: Revenue Scotland LBTT: Guide on LBTT Exemptions for Land and Buildings Transactions in Scotland
Revenue Scotland LBTT: Guide to LBTT Tax Reliefs and Exemptions by Revenue Scotland
Overview of LBTT Reliefs
This section provides guidance on the various Land and Buildings Transaction Tax (LBTT) reliefs available in Scotland. It explains the principles and concepts behind these tax reliefs, helping taxpayers understand their eligibility and application process.
- LBTT reliefs reduce the amount of tax payable on property transactions.
- Different reliefs are available depending on the circumstances of the transaction.
- Understanding eligibility criteria is crucial for claiming appropriate reliefs.
- Guidance ensures compliance with LBTT legislation.
Revenue Scotland LBTT: Guide to LBTT Tax Reliefs and Exemptions by Revenue Scotland
Original guidance here: Revenue Scotland LBTT: Guide to LBTT Tax Reliefs and Exemptions by Revenue Scotland
Revenue Scotland LBTT: Understanding Green Freeports and Their Tax Reliefs in Scotland
Green Freeports Overview
A Green Freeport is a designated area with a rail, sea, or airport link, aimed at boosting economic activity while promoting sustainability. These zones focus on four main objectives:
- Encouraging regional regeneration and job creation.
- Promoting innovation and investment in green technologies.
- Enhancing trade and economic growth through streamlined customs processes.
- Facilitating collaboration between public and private sectors to achieve environmental goals.
Revenue Scotland LBTT: Understanding Green Freeports and Their Tax Reliefs in Scotland
Original guidance here: Revenue Scotland LBTT: Understanding Green Freeports and Their Tax Reliefs in Scotland
Revenue Scotland LBTT: Guide to LBTT Returns and Tax Payment for Notifiable Land Transactions
LBTT Guidance on Notifiable Land Transactions
This page provides an overview of the Land and Buildings Transaction Tax (LBTT) guidance related to notifiable land transactions and the rules for tax payment. It includes essential information on making an LBTT return and links to registration processes.
- Explanation of notifiable land transactions under LBTT.
- Guidance on the payment of LBTT tax.
- Details on making an LBTT return.
- Links to registration and further resources.
Revenue Scotland LBTT: Guide to LBTT Returns and Tax Payment for Notifiable Land Transactions
Original guidance here: Revenue Scotland LBTT: Guide to LBTT Returns and Tax Payment for Notifiable Land Transactions
Revenue Scotland LBTT: Guidance on LBTT Returns for Linked Transactions in Scotland
LBTT Return Guidance for Linked Transactions
This page provides guidance on when a Land and Buildings Transaction Tax (LBTT) return, or a further return, is necessary due to linked transactions. It outlines the principles and concepts involved in the process.
- Explains the circumstances requiring an LBTT return for linked transactions.
- Details the process for submitting a further LBTT return.
- Clarifies the definition and implications of linked transactions.
- Provides references to relevant LBTT legislation and guidance.
Revenue Scotland LBTT: Guidance on LBTT Returns for Linked Transactions in Scotland
Original guidance here: Revenue Scotland LBTT: Guidance on LBTT Returns for Linked Transactions in Scotland
Revenue Scotland LBTT: Guidance on Deferring LBTT Payment for Contingent or Uncertain Consideration
Principles and Concepts of Deferring LBTT Payment
This page provides guidance on deferring the payment of Land and Buildings Transaction Tax (LBTT) in Scotland. It focuses on situations where the consideration is contingent or uncertain.
- Explains the process for applying to defer LBTT payment.
- Details conditions under which payment deferral is applicable.
- Clarifies the terms ‘contingent’ and ‘uncertain’ consideration.
- Outlines the necessary documentation for application.
Revenue Scotland LBTT: Guidance on Deferring LBTT Payment for Contingent or Uncertain Consideration
Original guidance here: Revenue Scotland LBTT: Guidance on Deferring LBTT Payment for Contingent or Uncertain Consideration
Revenue Scotland LBTT: Guidance on LBTT return when contingency ends or consideration becomes known.
LBTT Return Guidance
This page provides guidance on submitting a Land and Buildings Transaction Tax (LBTT) return when a contingent, uncertain, or unascertained consideration becomes known. It outlines the necessary steps and requirements for taxpayers in such scenarios.
- Explains when a further LBTT return is required.
- Details the process for ascertaining previously uncertain considerations.
- Clarifies the implications of contingencies ceasing.
- Provides links to relevant LBTT legislation and guidance documents.
Revenue Scotland LBTT: Guidance on LBTT return when contingency ends or consideration becomes known.
Original guidance here: Revenue Scotland LBTT: Guidance on LBTT return when contingency ends or consideration becomes known.
Revenue Scotland LBTT: Understanding Land and Buildings Transaction Tax in Scotland: Rates, Exemptions, and Filing Requirements.
Land and Buildings Transaction Tax
This page provides an overview of the Land and Buildings Transaction Tax (LBTT) in Scotland, which is a tax applied to residential and commercial land and buildings transactions. It outlines the principles and concepts of LBTT.
- LBTT is applicable to property purchases and leases in Scotland.
- The tax is calculated based on the purchase price or lease premium.
- Different rates and bands apply depending on the transaction type.
- Reliefs and exemptions may be available under certain conditions.
Original guidance here: Revenue Scotland LBTT: Understanding Land and Buildings Transaction Tax in Scotland: Rates, Exemptions, and Filing Requirements.
Revenue Scotland LBTT: Guide to Completing ‘About the Property’ Section in Online LBTT Return
About the Property Section
This section provides guidance on completing the ‘About the Property’ part of the online Land and Buildings Transaction Tax (LBTT) return. It outlines the necessary details required to ensure accurate submission.
- Understand the specific property information needed for the LBTT return.
- Ensure all details are accurate to avoid submission errors.
- Follow the step-by-step instructions for completing the section.
- Learn about common mistakes and how to avoid them.
Revenue Scotland LBTT: Guide to Completing ‘About the Property’ Section in Online LBTT Return
Original guidance here: Revenue Scotland LBTT: Guide to Completing ‘About the Property’ Section in Online LBTT Return
Revenue Scotland LBTT: Guide to Completing ‘About the Transaction’ Section in Online LBTT Return Form
About the Transaction
This section provides guidance on completing the ‘About the Transaction’ part of the online Land and Buildings Transaction Tax (LBTT) return. It outlines essential information and steps to ensure accurate submission.
- Understand the purpose of the ‘About the Transaction’ section in the LBTT return.
- Learn the necessary details required for completion.
- Follow step-by-step instructions for accurate data entry.
- Ensure compliance with Revenue Scotland’s guidelines.
Original guidance here: Revenue Scotland LBTT: Guide to Completing ‘About the Transaction’ Section in Online LBTT Return Form
Revenue Scotland LBTT: Guide to Land and Buildings Transaction Tax Legislation by Revenue Scotland
Introduction to LBTT Legislation Guidance
This section provides an overview of the Land and Buildings Transaction Tax (LBTT) legislation guidance as outlined by Revenue Scotland. It aims to clarify the principles and concepts governing LBTT.
- LBTT is a tax applied to land and building transactions in Scotland.
- The guidance helps taxpayers understand their obligations under the LBTT legislation.
- It includes detailed explanations of tax calculations and applicable rates.
- Resources are provided for further assistance and compliance.
Revenue Scotland LBTT: Guide to Land and Buildings Transaction Tax Legislation by Revenue Scotland
Original guidance here: Revenue Scotland LBTT: Guide to Land and Buildings Transaction Tax Legislation by Revenue Scotland
Revenue Scotland LBTT: Understanding Land and Buildings Transaction Tax: A Guide by Revenue Scotland
Principles and Concepts of LBTT
This section introduces the fundamental principles and concepts of the Land and Buildings Transaction Tax (LBTT) as outlined in Chapter 1 of the legislation guidance. It explains the workings of LBTT, a tax applied to land and property transactions in Scotland.
- LBTT is a tax on property transactions in Scotland.
- It applies to both residential and non-residential properties.
- The guidance provides detailed information on how the tax is calculated.
- It covers exemptions and reliefs available under the tax.
Revenue Scotland LBTT: Understanding Land and Buildings Transaction Tax: A Guide by Revenue Scotland
Original guidance here: Revenue Scotland LBTT: Understanding Land and Buildings Transaction Tax: A Guide by Revenue Scotland
Revenue Scotland LBTT: Understanding LBTT: Acquisition and Disposal of Chargeable Interest Explained
Principles of LBTT Acquisition and Disposal
This section provides guidance on the acquisition and disposal of chargeable interests under the Land and Buildings Transaction Tax (LBTT) framework. It defines key roles and responsibilities involved in these transactions.
- Explains when a chargeable interest is considered acquired or disposed of.
- Defines the terms ‘buyer’, ‘joint buyer’, and ‘seller’.
- Clarifies the legal implications for parties involved in LBTT transactions.
- Provides insight into the legislative framework governing these transactions.
Revenue Scotland LBTT: Understanding LBTT: Acquisition and Disposal of Chargeable Interest Explained
Original guidance here: Revenue Scotland LBTT: Understanding LBTT: Acquisition and Disposal of Chargeable Interest Explained
Revenue Scotland LBTT: Understanding Chargeable Consideration in Land Transactions: LBTT Guidance and Key Components
Principles of Chargeable Consideration in Land Transactions
This section provides guidance on what constitutes the chargeable consideration in a land transaction for the purposes of Land and Buildings Transaction Tax (LBTT).
- Includes monetary and non-monetary considerations.
- Considers the impact of VAT and Value Added Tax.
- Addresses the inclusion of fixtures, fittings, and trees.
- Explains apportionment and postponed consideration.
- Covers considerations in foreign currency and employment-related transactions.
Original guidance here: Revenue Scotland LBTT: Understanding Chargeable Consideration in Land Transactions: LBTT Guidance and Key Components
Revenue Scotland LBTT: Understanding LBTT: Items Excluded from Chargeable Consideration in Land Transactions
LBTT2009 – What is Not Chargeable Consideration
This section provides guidance on items excluded from chargeable consideration in land transactions under the Land and Buildings Transaction Tax (LBTT) in Scotland. It outlines the principles and concepts relevant to determining chargeable consideration.
- Moveable assets are not included in chargeable consideration.
- The guidance is part of the LBTT legislation.
- It helps clarify what constitutes chargeable consideration.
- Ensures compliance with LBTT regulations.
Original guidance here: Revenue Scotland LBTT: Understanding LBTT: Items Excluded from Chargeable Consideration in Land Transactions
Revenue Scotland LBTT: Guidance on Submitting Further LBTT Returns When Relief is Withdrawn
LBTT Guidance on Further LBTT Return
This page provides guidance on submitting a further Land and Buildings Transaction Tax (LBTT) return when a relief is withdrawn. It outlines the necessary steps and considerations for compliance with LBTT regulations.
- Explanation of circumstances requiring a further LBTT return.
- Details on the withdrawal of relief and its implications.
- Instructions for completing and submitting the LBTT return.
- Key terms related to LBTT, such as relief and withdrawal.
Revenue Scotland LBTT: Guidance on Submitting Further LBTT Returns When Relief is Withdrawn
Original guidance here: Revenue Scotland LBTT: Guidance on Submitting Further LBTT Returns When Relief is Withdrawn
Revenue Scotland LBTT: Guide to LBTT Tax Payment and Return for Non-Lease Land Transactions
LBTT Payment and Return Guidance
This section introduces Chapter 4 of the LBTT legislation guidance, focusing on the payment of tax and making an LBTT return for non-lease land transactions. Key principles and concepts include:
- Understanding the requirements for paying the Land and Buildings Transaction Tax (LBTT).
- Guidance on completing and submitting an LBTT return.
- Specifics related to non-lease land transactions.
- Compliance with Revenue Scotland’s regulations.
Revenue Scotland LBTT: Guide to LBTT Tax Payment and Return for Non-Lease Land Transactions
Original guidance here: Revenue Scotland LBTT: Guide to LBTT Tax Payment and Return for Non-Lease Land Transactions
Revenue Scotland LBTT: Understanding Non-Residential and Mixed Property for LBTT Transactions Guidance
Understanding Non-Residential Property for LBTT
This section provides guidance on the definition and treatment of non-residential property for Land and Buildings Transaction Tax (LBTT) purposes, including mixed property considerations.
- Non-residential property refers to properties not used for residential purposes.
- Mixed property involves both residential and non-residential elements.
- LBTT is a tax applied to land and property transactions in Scotland.
- Guidance helps determine tax liabilities for different property types.
Original guidance here: Revenue Scotland LBTT: Understanding Non-Residential and Mixed Property for LBTT Transactions Guidance
Revenue Scotland LBTT: Guide to LBTT Rules for Specific Transactions and Bodies in Scotland
Principles and Concepts of LBTT Legislation Guidance
This section introduces Chapter 5 of the Land and Buildings Transaction Tax (LBTT) legislation guidance, focusing on rules for specific transactions and entities. It covers various scenarios and entities involved in property transactions.
- Explains LBTT rules for exchanges of properties.
- Details tax implications for companies involved in property transactions.
- Covers unit trust schemes and their tax responsibilities.
- Provides guidance on handling complex property transactions.
Revenue Scotland LBTT: Guide to LBTT Rules for Specific Transactions and Bodies in Scotland
Original guidance here: Revenue Scotland LBTT: Guide to LBTT Rules for Specific Transactions and Bodies in Scotland
Revenue Scotland LBTT: Guidance on Land and Buildings Transaction Tax for Land Exchanges in Scotland
LBTT Guidance on Land Exchanges
This section provides guidance on the Land and Buildings Transaction Tax (LBTT) concerning exchanges of major interests in land. It outlines the principles and concepts relevant to these transactions.
- Explanation of LBTT rules applicable to land exchanges.
- Details on how exchanges are treated under LBTT legislation.
- Clarification of tax liabilities arising from land interest exchanges.
- Guidance on compliance with LBTT requirements.
Revenue Scotland LBTT: Guidance on Land and Buildings Transaction Tax for Land Exchanges in Scotland
Original guidance here: Revenue Scotland LBTT: Guidance on Land and Buildings Transaction Tax for Land Exchanges in Scotland
Revenue Scotland LBTT: Guidance on LBTT for Companies and Organisations in Scotland
LBTT Guidance for Companies and Organisations
This section provides guidance on the Land and Buildings Transaction Tax (LBTT) as it pertains to companies and other organisations. It outlines who is authorised to act on behalf of a company or an unincorporated association.
- Details on the roles of organisations in LBTT transactions.
- Clarification on who can represent a company or unincorporated association.
- Guidance on compliance with LBTT regulations.
- Information relevant to corporate bodies and unincorporated associations.
Revenue Scotland LBTT: Guidance on LBTT for Companies and Organisations in Scotland
Original guidance here: Revenue Scotland LBTT: Guidance on LBTT for Companies and Organisations in Scotland
Revenue Scotland LBTT: Guidance on LBTT Rules for Companies in Liquidation or Administration
LBTT Guidance for Companies in Liquidation or Administration
This page provides guidance on the Land and Buildings Transaction Tax (LBTT) rules applicable when a company is undergoing liquidation or administration. It outlines the responsibilities and procedures for liquidators and administrators in such scenarios.
- Explains LBTT rules for companies in financial distress.
- Details the roles of liquidators and administrators.
- Clarifies tax obligations during liquidation or administration.
- Provides links to relevant legislation and guidance documents.
Revenue Scotland LBTT: Guidance on LBTT Rules for Companies in Liquidation or Administration
Original guidance here: Revenue Scotland LBTT: Guidance on LBTT Rules for Companies in Liquidation or Administration
Revenue Scotland LBTT: LBTT Guidance for Unit Trust Schemes by Revenue Scotland
LBTT Guidance on Unit Trust Schemes
This page provides guidance on the application of Land and Buildings Transaction Tax (LBTT) to unit trust schemes in Scotland. It outlines the specific rules and regulations that apply to these financial instruments.
- Explanation of LBTT and its relevance to unit trust schemes.
- Details on the legislative framework governing unit trusts.
- Clarification of tax obligations for parties involved in unit trust transactions.
- Guidance on compliance with LBTT regulations.
Revenue Scotland LBTT: LBTT Guidance for Unit Trust Schemes by Revenue Scotland
Original guidance here: Revenue Scotland LBTT: LBTT Guidance for Unit Trust Schemes by Revenue Scotland
Revenue Scotland LBTT: Understanding LBTT Rules for Representatives in Property Transactions in Scotland
Principles and Concepts of LBTT for Representatives
This section of the Revenue Scotland website provides guidance on the Land and Buildings Transaction Tax (LBTT) as it applies to individuals acting in a representative capacity. It outlines the rules and responsibilities for such transactions.
- Explains the role of representatives in LBTT transactions.
- Details the legal obligations and liabilities of representatives.
- Clarifies the process for declaring and paying LBTT when acting on behalf of others.
- Provides examples of representative scenarios.
Original guidance here: Revenue Scotland LBTT: Understanding LBTT Rules for Representatives in Property Transactions in Scotland
Revenue Scotland LBTT: LBTT Guidance for Industrial and Provident Societies by Revenue Scotland
LBTT Guidance on Industrial and Provident Societies
This section provides guidance on Land and Buildings Transaction Tax (LBTT) as it applies to Industrial and Provident Societies. It outlines specific rules and considerations for these entities.
- Explanation of LBTT regulations relevant to Industrial and Provident Societies.
- Details on how these societies are treated under LBTT legislation.
- Clarification of tax obligations for transactions involving land and buildings.
- Guidance on compliance and reporting requirements.
Revenue Scotland LBTT: LBTT Guidance for Industrial and Provident Societies by Revenue Scotland
Original guidance here: Revenue Scotland LBTT: LBTT Guidance for Industrial and Provident Societies by Revenue Scotland
Revenue Scotland LBTT: Guidance on LBTT Rules for Connected Persons in Scotland
Connected Persons under LBTT(S)A 2013
This section of the Revenue Scotland website provides guidance on the application of the Land and Buildings Transaction Tax (Scotland) Act 2013, specifically focusing on connected persons as defined in section 58 of the Act. The principles and concepts include:
- Application of section 1122 of the Corporation Tax Act 2010 for LBTT purposes.
- Understanding the definition and implications of connected persons in tax transactions.
- Guidance on how these rules affect particular transactions involving bodies corporate.
Revenue Scotland LBTT: Guidance on LBTT Rules for Connected Persons in Scotland
Original guidance here: Revenue Scotland LBTT: Guidance on LBTT Rules for Connected Persons in Scotland
Revenue Scotland LBTT: Comprehensive Guidance on Lease Transactions for Land and Buildings Tax in Scotland
Lease Transactions Technical Guidance
This section provides detailed guidance on the Land and Buildings Transaction Tax (LBTT) as it applies to lease transactions in Scotland. It outlines the principles and concepts necessary for understanding and complying with LBTT regulations.
- Explanation of LBTT and its application to leases.
- Guidance on calculating tax liabilities for lease transactions.
- Information on legislative requirements and compliance.
- Details on exemptions and reliefs available for certain leases.
Original guidance here: Revenue Scotland LBTT: Comprehensive Guidance on Lease Transactions for Land and Buildings Tax in Scotland
Revenue Scotland LBTT: Explore detailed guidance on lease transactions and LBTT legislation from Revenue Scotland.
Lease Transactions Technical Guidance
This page provides detailed guidance on lease transactions under the Land and Buildings Transaction Tax (LBTT) in Scotland. It explains the principles and concepts involved in calculating and applying the tax.
- Overview of LBTT and its application to lease transactions.
- Calculation methods for tax on leases.
- Guidance on lease variations and extensions.
- Information on compliance requirements and filing obligations.
- Examples to illustrate tax calculations.
Original guidance here: Revenue Scotland LBTT: Explore detailed guidance on lease transactions and LBTT legislation from Revenue Scotland.
Revenue Scotland LBTT: Scottish Budget Changes: LBTT Lease Transaction Rates and Bands Updated from February 2020
LBTT6040 – Scottish Budget Transitional Arrangements
This page provides guidance on the changes to the Land and Buildings Transaction Tax (LBTT) rates and bands for lease transactions, effective from 7 February 2020. The impact of these changes depends on specific dates related to the agreement for lease or missives of let.
- Details the updated LBTT rates and bands.
- Explains the significance of the agreement for lease date.
- Clarifies the effective date of the transaction.
- Offers technical guidance on transitional arrangements.
Original guidance here: Revenue Scotland LBTT: Scottish Budget Changes: LBTT Lease Transaction Rates and Bands Updated from February 2020
Revenue Scotland LBTT: Understanding LBTT6050: Transitional Provisions for Lease Transactions in Scotland. Explore detailed guidance.
LBTT6050 – Transitional Provisions
This section provides guidance on the transitional provisions related to the Land and Buildings Transaction Tax (LBTT) in Scotland. It outlines the principles and concepts governing lease transactions under these provisions.
- Explains the application of LBTT to lease transactions.
- Details the transitional rules for leases entered before and after the introduction of LBTT.
- Clarifies the tax implications for varying or extending existing leases.
- Provides guidance on compliance with LBTT legislation.
Original guidance here: Revenue Scotland LBTT: Understanding LBTT6050: Transitional Provisions for Lease Transactions in Scotland. Explore detailed guidance.
Revenue Scotland LBTT: Guide to LBTT Legislation: Understanding Partnerships in Chapter 7
Introduction to LBTT Legislation for Partnerships
This section provides an overview of Chapter 7 of the Land and Buildings Transaction Tax (LBTT) legislation, focusing on partnerships. It outlines key principles and concepts relevant to partnerships under LBTT regulations.
- Explanation of LBTT and its application to partnerships.
- Details on the legislative framework governing partnerships.
- Guidance on compliance and reporting requirements for partnerships.
- Clarification of tax liabilities and exemptions specific to partnerships.
Revenue Scotland LBTT: Guide to LBTT Legislation: Understanding Partnerships in Chapter 7
Original guidance here: Revenue Scotland LBTT: Guide to LBTT Legislation: Understanding Partnerships in Chapter 7
Revenue Scotland LBTT: LBTT Guidance: Partnership Rules and Continuity Explained by Revenue Scotland
General Rules About the Treatment of Partnerships
This section provides guidance on the Land and Buildings Transaction Tax (LBTT) concerning partnerships. It covers the definition of a partnership and the rules regarding its continuity.
- Explains the concept of a partnership within the context of LBTT.
- Details the general rules applicable to partnerships under LBTT legislation.
- Discusses the continuity of a partnership and its implications for LBTT.
- Provides specific guidance on how partnerships are treated for tax purposes.
Revenue Scotland LBTT: LBTT Guidance: Partnership Rules and Continuity Explained by Revenue Scotland
Original guidance here: Revenue Scotland LBTT: LBTT Guidance: Partnership Rules and Continuity Explained by Revenue Scotland
Revenue Scotland LBTT: Understanding LBTT: Partnership Property, Shares, and Chargeable Interest Transfers Explained
LBTT7003 – Interpretation
This section of the LBTT guidance provides detailed interpretations related to partnerships in Chapter 7. It covers key concepts essential for understanding the tax implications for partnerships.
- Partnership Property: Defines what constitutes property owned by the partnership.
- Partnership Share: Explains how shares within a partnership are determined.
- Transfer of Chargeable Interest: Details the process and implications of transferring interests.
- Connected Persons: Identifies individuals or entities considered connected for tax purposes.
- Arrangements: Describes various arrangements that may affect tax liabilities.
Original guidance here: Revenue Scotland LBTT: Understanding LBTT: Partnership Property, Shares, and Chargeable Interest Transfers Explained
Revenue Scotland LBTT: Guidance on LBTT for Ordinary Partnership Transactions in Scotland
LBTT Guidance on Ordinary Partnership Transactions
This page provides guidance on Land and Buildings Transaction Tax (LBTT) concerning ordinary partnership transactions. It covers the roles and responsibilities of representative partners and their liability in such transactions.
- Explains the concept of ordinary partnership transactions under LBTT.
- Details the responsibilities of representative partners.
- Outlines the liability of representative partners in LBTT transactions.
- Provides legal references and guidance for compliance.
Revenue Scotland LBTT: Guidance on LBTT for Ordinary Partnership Transactions in Scotland
Original guidance here: Revenue Scotland LBTT: Guidance on LBTT for Ordinary Partnership Transactions in Scotland
Revenue Scotland LBTT: LBTT Guidance: Transferring Chargeable Interest to Partnerships Explained in Detail
LBTT Guidance on Partnership Transfers
This section provides guidance on the Land and Buildings Transaction Tax (LBTT) concerning the transfer of a chargeable interest to a partnership. It includes details on determining the chargeable consideration for such transactions.
- Explains the concept of chargeable interest in partnerships.
- Details the process of calculating chargeable consideration.
- Offers insights into LBTT regulations and compliance.
- Guides on the legal framework governing partnership transactions.
Original guidance here: Revenue Scotland LBTT: LBTT Guidance: Transferring Chargeable Interest to Partnerships Explained in Detail
Revenue Scotland LBTT: Guidance on LBTT for Partnership Interest Transfers During Land Transactions
LBTT Guidance on Partnership Interest Transfer
This section provides guidance on the Land and Buildings Transaction Tax (LBTT) concerning the transfer of a partnership interest under pre-existing arrangements at the time of a land transfer. Key principles and concepts include:
- Understanding the implications of LBTT on partnership interest transfers.
- Clarification of arrangements in place during land transfer.
- Guidance on compliance with LBTT legislation.
- Application of LBTT7006 regulations to partnership scenarios.
Revenue Scotland LBTT: Guidance on LBTT for Partnership Interest Transfers During Land Transactions
Original guidance here: Revenue Scotland LBTT: Guidance on LBTT for Partnership Interest Transfers During Land Transactions
Revenue Scotland LBTT: Guidance on LBTT for partnerships withdrawing money after transferring chargeable interest.
LBTT Guidance on Partnership Withdrawals
This page provides guidance on the Land and Buildings Transaction Tax (LBTT) implications when money or other assets are withdrawn from a partnership following the transfer of a chargeable interest. It outlines the principles and concepts involved in such transactions.
- Explains the conditions under which withdrawals are taxed.
- Details the impact on partnerships after transferring chargeable interests.
- Clarifies the responsibilities of partners in relation to LBTT.
- Provides examples to illustrate the tax implications.
Original guidance here: Revenue Scotland LBTT: Guidance on LBTT for partnerships withdrawing money after transferring chargeable interest.
Revenue Scotland LBTT: Guidance on LBTT for transferring interests from partnerships to partners or connected individuals.
LBTT Guidance on Partnership Transfers
This section provides guidance on the Land and Buildings Transaction Tax (LBTT) concerning the transfer of a chargeable interest from a partnership to an individual who is or was a partner, or is connected to such a person.
- Explains the principles of LBTT in partnership contexts.
- Details the conditions under which a chargeable interest can be transferred.
- Clarifies the tax implications for partners and connected persons.
- Outlines the necessary documentation and procedures for compliance.
Original guidance here: Revenue Scotland LBTT: Guidance on LBTT for transferring interests from partnerships to partners or connected individuals.
Revenue Scotland LBTT: Guidance on LBTT for transferring chargeable interests between partnerships in Scotland.
Transfer of Chargeable Interest Between Partnerships
This section provides guidance on the Land and Buildings Transaction Tax (LBTT) concerning the transfer of chargeable interests between partnerships. It outlines the principles and concepts involved in such transactions.
- Definition of chargeable interest in the context of partnerships.
- Explanation of LBTT implications for partnership transactions.
- Guidelines on how to report and calculate LBTT for these transfers.
- Legal considerations and compliance requirements.
Original guidance here: Revenue Scotland LBTT: Guidance on LBTT for transferring chargeable interests between partnerships in Scotland.
Revenue Scotland LBTT: Guidance on LBTT for Lease Transfers in Partnerships by Revenue Scotland
LBTT Guidance on Partnership Transfers Involving Leases
This page provides guidance on the Land and Buildings Transaction Tax (LBTT) concerning the transfer of a chargeable interest involving a lease within a partnership. It explains the principles and concepts associated with such transfers.
- Focus on LBTT implications for partnerships.
- Details on transferring chargeable interests.
- Specific emphasis on lease-related transactions.
- Guidance aligns with LBTT7010 regulations.
- Relevant for legal and financial professionals.
Revenue Scotland LBTT: Guidance on LBTT for Lease Transfers in Partnerships by Revenue Scotland
Original guidance here: Revenue Scotland LBTT: Guidance on LBTT for Lease Transfers in Partnerships by Revenue Scotland
Revenue Scotland LBTT: LBTT Guidance for Property Investment Partnerships in Scotland
LBTT Guidance on Property Investment Partnerships
This page provides guidance on Land and Buildings Transaction Tax (LBTT) concerning property investment partnerships (PIPs). It outlines key principles and concepts for understanding LBTT implications in such partnerships.
- Explains the role of LBTT in property investment partnerships.
- Discusses the legal framework and relevant legislation.
- Provides detailed guidance on LBTT7011 for partnerships.
- Highlights key considerations for compliance and tax obligations.
Revenue Scotland LBTT: LBTT Guidance for Property Investment Partnerships in Scotland
Original guidance here: Revenue Scotland LBTT: LBTT Guidance for Property Investment Partnerships in Scotland
Revenue Scotland LBTT: Guidance on LBTT exemptions, reliefs, and notifications for land transactions involving partnerships.
LBTT Guidance for Partnerships
This page provides guidance on Land and Buildings Transaction Tax (LBTT) related to partnerships, focusing on exemptions, reliefs, and notification rules. It is essential for understanding tax implications in land transactions involving partnerships.
- Explains exemptions applicable to partnerships.
- Details group relief and charities relief provisions.
- Outlines notification requirements for notifiable transactions.
- Provides specific references to LBTT7012 regulations.
Original guidance here: Revenue Scotland LBTT: Guidance on LBTT exemptions, reliefs, and notifications for land transactions involving partnerships.
Revenue Scotland LBTT: Introduction to LBTT Legislation: Understanding Trusts and Settlements in Scotland
Introduction to LBTT and Trusts
This section provides guidance on Chapter 8 of the Land and Buildings Transaction Tax (LBTT) legislation, focusing on trusts. It covers the principles and concepts related to different types of trusts and their implications under LBTT.
- Overview of LBTT legislation concerning trusts.
- Explanation of bare trusts and their characteristics.
- Details on settlements and their treatment under LBTT.
- Guidance on compliance and reporting requirements.
Original guidance here: Revenue Scotland LBTT: Introduction to LBTT Legislation: Understanding Trusts and Settlements in Scotland
Revenue Scotland LBTT: Understanding LBTT Guidance for Bare Trusts in Scotland
LBTT Guidance on Bare Trusts
This page provides guidance on the application of Land and Buildings Transaction Tax (LBTT) concerning bare trusts. It explains the principles and concepts related to the taxation of bare trusts under Scottish law.
- Definition and characteristics of bare trusts.
- How LBTT is applied to transactions involving bare trusts.
- Legal responsibilities of trustees and beneficiaries.
- Exemptions and reliefs available for bare trusts.
- Relevant legislation and guidance documents.
Revenue Scotland LBTT: Understanding LBTT Guidance for Bare Trusts in Scotland
Original guidance here: Revenue Scotland LBTT: Understanding LBTT Guidance for Bare Trusts in Scotland
Revenue Scotland LBTT: Guidance on LBTT for Trusts and Settlements by Revenue Scotland
LBTT Guidance on Trusts that are Settlements
This section provides guidance on the application of Land and Buildings Transaction Tax (LBTT) concerning trusts that are settlements. It outlines the principles and concepts necessary for understanding how settlements are treated under LBTT legislation.
- Explains the definition and nature of settlements in the context of LBTT.
- Details the tax implications for different types of settlements.
- Provides examples to illustrate the application of LBTT rules to settlements.
- Offers guidance on compliance and reporting requirements for settlements.
Revenue Scotland LBTT: Guidance on LBTT for Trusts and Settlements by Revenue Scotland
Original guidance here: Revenue Scotland LBTT: Guidance on LBTT for Trusts and Settlements by Revenue Scotland
Revenue Scotland LBTT: Guide to Record Keeping for Land and Buildings Transaction Tax Compliance
Principles of Record Keeping for LBTT
This section introduces Chapter 9 of the LBTT legislation guidance, focusing on the necessity of maintaining and preserving records related to land transactions. It outlines the principles and concepts essential for compliance.
- Emphasises the importance of accurate record keeping for land transactions.
- Details the legal requirements for preserving records under LBTT legislation.
- Guides on the types of records that need to be maintained.
- Explains the duration for which records must be preserved.
Revenue Scotland LBTT: Guide to Record Keeping for Land and Buildings Transaction Tax Compliance
Original guidance here: Revenue Scotland LBTT: Guide to Record Keeping for Land and Buildings Transaction Tax Compliance
Revenue Scotland LBTT: Guidance on Required Record Keeping for Land and Buildings Transaction Tax Compliance
LBTT Record Keeping Requirements
This section provides guidance on the types of records that must be kept and preserved for land transactions under the Land and Buildings Transaction Tax (LBTT) in Scotland. It distinguishes between notifiable and non-notifiable transactions, ensuring compliance with tax regulations.
- Details the specific records required for LBTT transactions.
- Explains the importance of preserving these records for compliance.
- Covers both notifiable and non-notifiable transactions.
- Aims to assist taxpayers in understanding their record-keeping obligations.
Original guidance here: Revenue Scotland LBTT: Guidance on Required Record Keeping for Land and Buildings Transaction Tax Compliance
Revenue Scotland LBTT: Guidance on Record Retention for Land and Buildings Transaction Tax Compliance
LBTT Record Keeping Duration
This section provides guidance on the duration for which records related to the Land and Buildings Transaction Tax (LBTT) must be kept and preserved. It outlines the principles and concepts necessary for compliance with LBTT9003 regulations.
- Details the specific time limits for record retention.
- Explains the importance of preserving records for tax purposes.
- Ensures compliance with LBTT9003 guidelines.
- Includes information on maintaining accurate and complete records.
Original guidance here: Revenue Scotland LBTT: Guidance on Record Retention for Land and Buildings Transaction Tax Compliance
Revenue Scotland LBTT: Guidance on Preserving and Producing Records for LBTT Compliance in Scotland
Preserving and Producing Records for LBTT
This page provides guidance on how individuals can meet their obligations to preserve records related to Land and Buildings Transaction Tax (LBTT) returns or non-notifiable transactions. It outlines the principles and concepts necessary for compliance.
- Understanding the requirement to preserve records for LBTT purposes.
- Methods to ensure records are maintained appropriately.
- Guidance on producing records when requested by authorities.
- Clarification on what constitutes a non-notifiable transaction.
Revenue Scotland LBTT: Guidance on Preserving and Producing Records for LBTT Compliance in Scotland
Original guidance here: Revenue Scotland LBTT: Guidance on Preserving and Producing Records for LBTT Compliance in Scotland
Revenue Scotland LBTT: Comprehensive Guide to Lease Transactions and LBTT Regulations in Scotland
Lease Transactions Technical Guidance
This section provides comprehensive guidance on lease transactions under the Land and Buildings Transaction Tax (LBTT) in Scotland. It outlines the principles and concepts necessary for understanding and complying with the LBTT regulations.
- Explanation of LBTT and its application to lease transactions.
- Guidance on calculating LBTT for leases, including relevant formulas and examples.
- Details on the submission and payment process for LBTT on lease transactions.
- Clarification of exemptions and reliefs available under LBTT for leases.
Revenue Scotland LBTT: Comprehensive Guide to Lease Transactions and LBTT Regulations in Scotland
Original guidance here: Revenue Scotland LBTT: Comprehensive Guide to Lease Transactions and LBTT Regulations in Scotland
Revenue Scotland LBTT: Guide to Land and Building Transactions Tax for Non-Residential Leases in Scotland
LBTT and Lease Transactions
This page provides guidance on lease transactions subject to Land and Building Transactions Tax (LBTT) in Scotland. It focuses on non-residential leases granted on or after 1 April 2015, as outlined in Part 6 and Schedule 19 of the LBTT(S)A 2013.
- Non-residential leases are potentially chargeable to LBTT.
- Applicable to leases granted from 1 April 2015.
- Guidance covers transactions within Schedule 19.
- Legislative provisions are detailed in Part 6 and Schedule 19.
Original guidance here: Revenue Scotland LBTT: Guide to Land and Building Transactions Tax for Non-Residential Leases in Scotland
Revenue Scotland LBTT: Understanding Substantial Performance in Lease Transactions: Key Concepts and Rules Explained
Substantial Performance in Lease Transactions
This section provides guidance on the concept of substantial performance in the context of lease transactions, as per Revenue Scotland’s regulations. It outlines the key principles and rules associated with substantial performance of a lease.
- Defines substantial performance in lease agreements.
- Explains the criteria for determining substantial performance.
- Discusses the implications of substantial performance on lease transactions.
- Provides examples to illustrate the concept.
Original guidance here: Revenue Scotland LBTT: Understanding Substantial Performance in Lease Transactions: Key Concepts and Rules Explained
Revenue Scotland LBTT: Understanding Chargeable Consideration for Lease Transactions Under LBTT Guidelines
Principles of Chargeable Consideration for Lease Transactions
This section provides guidance on determining chargeable consideration for lease transactions under the Land and Buildings Transaction Tax (LBTT) framework. It focuses on rent as a key component of chargeable consideration.
- The tenant agrees to pay rent to the landlord for the lease term.
- Rent payable under a lease is considered chargeable consideration for LBTT.
- LBTT is calculated based on the actual rent payable each year.
Original guidance here: Revenue Scotland LBTT: Understanding Chargeable Consideration for Lease Transactions Under LBTT Guidelines
Revenue Scotland LBTT: Understanding Non-Chargeable Consideration in LBTT: Tenant Obligations Explained by Revenue Scotland
Non-Chargeable Consideration for LBTT
This section outlines what is not considered chargeable consideration under the Land and Buildings Transaction Tax (LBTT) in Scotland. The principles are detailed in the LBTT(S)A 2013 Schedule 19, Paragraph 15.
- Tenant’s obligations are not treated as chargeable consideration.
- Specific conditions and exclusions apply to determine non-chargeable items.
- Guidance is provided for lease transactions under LBTT legislation.
- Revenue Scotland offers technical guidance on these matters.
Original guidance here: Revenue Scotland LBTT: Understanding Non-Chargeable Consideration in LBTT: Tenant Obligations Explained by Revenue Scotland
Revenue Scotland LBTT: Guide to Calculating Tax on Lease Transactions in Scotland
Principles of Tax Calculation on Lease Transactions
This section provides guidance on calculating the tax chargeable for lease transactions under the Land and Buildings Transaction Tax (LBTT) in Scotland. The focus is on transactions where the chargeable consideration includes rent.
- Tax is calculated based on the chargeable consideration, which includes rent.
- The guidance applies specifically to lease transactions under the LBTT framework.
- Understanding the principles of tax calculation is crucial for compliance.
- Revenue Scotland provides detailed technical guidance for accurate tax calculations.
Revenue Scotland LBTT: Guide to Calculating Tax on Lease Transactions in Scotland
Original guidance here: Revenue Scotland LBTT: Guide to Calculating Tax on Lease Transactions in Scotland
Revenue Scotland LBTT: Guidance on Notifiable Lease Transactions and LBTT Return Requirements in Scotland
LBTT6006 – Notification Guidance
This section provides detailed guidance on determining whether a lease transaction requires notification and if an LBTT (Land and Buildings Transaction Tax) return is necessary. It also includes instructions on how to complete an LBTT return and pay the associated tax.
- Explains criteria for notifiable lease transactions.
- Details the process for submitting an LBTT return.
- Provides information on tax payment procedures.
- Offers links to additional resources on the Revenue Scotland website.
Original guidance here: Revenue Scotland LBTT: Guidance on Notifiable Lease Transactions and LBTT Return Requirements in Scotland
Revenue Scotland LBTT: LBTT Three-Yearly Lease Review: Tax Implications and Requirements Explained
LBTT Three-Yearly Review Principles
The page discusses the principles of the Land and Buildings Transaction Tax (LBTT) three-yearly review in Scotland. It highlights the need for tenants to reassess their tax position every three years due to potential changes in lease terms.
- Leases can change through variations, extensions, or rent reviews.
- LBTT legislation requires a review every third anniversary of the lease’s effective date.
- Tenants must submit a further LBTT return and adjust payments accordingly.
Revenue Scotland LBTT: LBTT Three-Yearly Lease Review: Tax Implications and Requirements Explained
Original guidance here: Revenue Scotland LBTT: LBTT Three-Yearly Lease Review: Tax Implications and Requirements Explained
Revenue Scotland LBTT: Guide on LBTT Returns for Lease Assignation in Scotland
Assignation of a Lease
The page discusses the requirements for making a further Land and Buildings Transaction Tax (LBTT) return when a notifiable lease is assigned. This is mandated by the LBTT(S)A 2013 Schedule 19, Paragraph 11.
- The original tenant must submit a further LBTT return if the lease is assigned.
- The return must be made to Revenue Scotland.
- The deadline for submission is within 30 days after the lease assignment.
Revenue Scotland LBTT: Guide on LBTT Returns for Lease Assignation in Scotland
Original guidance here: Revenue Scotland LBTT: Guide on LBTT Returns for Lease Assignation in Scotland
Revenue Scotland LBTT: LBTT Lease Termination: Obligations for Original Tenants to Submit Further Returns
Termination of a Lease
This section outlines the requirements for making a further Land and Buildings Transaction Tax (LBTT) return when a notifiable lease is terminated. The guidance is based on the LBTT(S)A 2013 Schedule 19, Paragraph 11.
- The original tenant must submit an additional LBTT return upon lease termination.
- This requirement is applicable to notifiable leases.
- Guidance is provided under LBTT(S)A 2013 Schedule 19, Paragraph 11.
- Ensures compliance with Scottish tax regulations.
Original guidance here: Revenue Scotland LBTT: LBTT Lease Termination: Obligations for Original Tenants to Submit Further Returns
Revenue Scotland LBTT: Guidance on Lease Transactions for Connected Companies Under LBTT Rules
LBTT6011 – Connected Companies
This section outlines the modifications to lease transaction rules when the buyer is a company connected with the seller, or when shares in a connected company form part of the consideration. Key principles include:
- Transactions involving connected companies may have different tax implications.
- Consideration may include the issuance or transfer of shares.
- Specific conditions apply when the seller and buyer are connected entities.
- Guidance is provided for understanding these complex transactions.
Revenue Scotland LBTT: Guidance on Lease Transactions for Connected Companies Under LBTT Rules
Original guidance here: Revenue Scotland LBTT: Guidance on Lease Transactions for Connected Companies Under LBTT Rules
Revenue Scotland LBTT: Understanding Lease Variations and Chargeable Events Under Scots Law Guidance
Principles and Concepts of Lease Variations under Scots Law
The page discusses the rules outlined in LBTT(S)A 2013 Schedule 19, Paragraph 29, focusing on lease variations under Scots law. It highlights how these variations are generally not considered new leases, but certain types are treated as acquisitions of a chargeable interest.
- 3-yearly review return captures variations related to rent.
- Three types of lease variations are treated as acquisitions.
- Guidance provided by Revenue Scotland on chargeable events.
Revenue Scotland LBTT: Understanding Lease Variations and Chargeable Events Under Scots Law Guidance
Original guidance here: Revenue Scotland LBTT: Understanding Lease Variations and Chargeable Events Under Scots Law Guidance
Revenue Scotland LBTT: Scottish Budget Changes Affecting Lease Transactions from February 2020
LBTT6040 – Scottish Budget Transitional Arrangements
This page provides guidance on the changes to the Land and Buildings Transaction Tax (LBTT) rates and bands for lease transactions effective from 7 February 2020. It explains how these changes may impact agreements for lease or missives of let, based on the transaction’s effective date.
- Details the revised LBTT rates and bands.
- Explains the impact of effective transaction dates.
- Clarifies transitional arrangements for lease agreements.
- Offers guidance on compliance with the new regulations.
Revenue Scotland LBTT: Scottish Budget Changes Affecting Lease Transactions from February 2020
Original guidance here: Revenue Scotland LBTT: Scottish Budget Changes Affecting Lease Transactions from February 2020
Revenue Scotland LBTT: Understanding LBTT6050 Transitional Provisions for Lease Transactions in Scotland: A Comprehensive Guide
LBTT6050 – Transitional Provisions
This section provides guidance on the transitional provisions related to the Land and Buildings Transaction Tax (LBTT) in Scotland. It outlines the principles and concepts necessary for understanding the application of these provisions.
- Explains the transitional provisions applicable to lease transactions under LBTT.
- Details the conditions under which these provisions apply.
- Clarifies the implications for transactions occurring during the transition period.
- Offers guidance on compliance with LBTT legislation during transitional phases.
Original guidance here: Revenue Scotland LBTT: Understanding LBTT6050 Transitional Provisions for Lease Transactions in Scotland: A Comprehensive Guide
Revenue Scotland LBTT: Guide to Multiple Dwellings Relief for Land and Buildings Transaction Tax in Scotland
Multiple Dwellings Relief Guidance
Multiple Dwellings Relief (MDR) is a tax relief available for transactions involving the purchase of more than one dwelling in a single or linked transaction. This relief ensures that the buyer does not pay Land and Buildings Transaction Tax (LBTT) at a higher rate than if the properties were bought separately.
- MDR applies to multiple dwelling purchases in a single or linked transaction.
- Ensures LBTT is not higher than separate purchases.
- A minimum LBTT amount is prescribed for all MDR cases.
Original guidance here: Revenue Scotland LBTT: Guide to Multiple Dwellings Relief for Land and Buildings Transaction Tax in Scotland
Revenue Scotland LBTT: Guidance on Multiple Dwellings Relief for Land and Buildings Transaction Tax in Scotland.
Multiple Dwellings Relief Technical Guidance
This page provides technical guidance on Multiple Dwellings Relief (MDR) as it applies to the Land and Buildings Transaction Tax (LBTT) in Scotland. It explains the principles and concepts of MDR, helping taxpayers understand eligibility and calculation methods.
- MDR is a tax relief available when purchasing multiple residential properties.
- It aims to reduce the LBTT payable on such transactions.
- Guidance includes eligibility criteria and calculation examples.
- Helps ensure compliance with Scottish tax legislation.
Original guidance here: Revenue Scotland LBTT: Guidance on Multiple Dwellings Relief for Land and Buildings Transaction Tax in Scotland.
Revenue Scotland LBTT: Guide to Calculating Multiple Dwellings Relief for Land and Buildings Transaction Tax in Scotland.
Calculating Multiple Dwellings Relief
This section explains the principles and concepts for calculating Multiple Dwellings Relief (MDR) as per LBTT(S) A 2013 schedule 5 part 4. It includes the following key points:
- The rules for MDR calculations are clearly defined in the legislation.
- Specific abbreviations are employed in the MDR calculation process.
- Guidance is provided by Revenue Scotland to ensure accurate application of MDR.
- Understanding these principles is essential for compliance with tax regulations.
Original guidance here: Revenue Scotland LBTT: Guide to Calculating Multiple Dwellings Relief for Land and Buildings Transaction Tax in Scotland.
Revenue Scotland LBTT: Guide to Claiming Multiple Dwellings Relief for Land and Buildings Transaction Tax
Claiming Multiple Dwellings Relief
This section outlines the process for claiming Multiple Dwellings Relief (MDR) under the Land and Buildings Transaction Tax (Scotland) Act 2013. It highlights the conditions and restrictions associated with MDR claims.
- MDR can be claimed by including it in the original LBTT return.
- Amendments to the LBTT return must be made within the amendment period.
- MDR is not available if certain other reliefs are claimed or withdrawn.
Original guidance here: Revenue Scotland LBTT: Guide to Claiming Multiple Dwellings Relief for Land and Buildings Transaction Tax
Revenue Scotland LBTT: Understanding Multiple Dwellings Relief: Key Terms and Legislation Guidance from Revenue Scotland
Multiple Dwellings Relief Key Terms
This section provides an overview of the key terms related to Multiple Dwellings Relief under the Land and Buildings Transaction Tax (Scotland) Act 2013. It explains the principles and concepts essential for understanding the relief mechanism.
- Defines the eligibility criteria for claiming Multiple Dwellings Relief.
- Explains the calculation method for determining the relief amount.
- Outlines the conditions under which the relief can be applied.
- Clarifies the legislative framework governing the relief.
Original guidance here: Revenue Scotland LBTT: Understanding Multiple Dwellings Relief: Key Terms and Legislation Guidance from Revenue Scotland
Revenue Scotland LBTT: Guidance on Land and Buildings Transaction Tax for Residential and Non-Residential Properties
Residential/Non-Residential Technical Guidance
This page provides detailed guidance on the Land and Buildings Transaction Tax (LBTT) in Scotland, focusing on the distinctions between residential and non-residential properties. It explains the principles and concepts necessary for understanding and applying the tax regulations effectively.
- Definition of residential and non-residential properties.
- Criteria for determining property classification.
- Tax implications for different property types.
- Guidelines for calculating LBTT based on property classification.
- Examples and case studies for practical understanding.
Original guidance here: Revenue Scotland LBTT: Guidance on Land and Buildings Transaction Tax for Residential and Non-Residential Properties
Revenue Scotland LBTT: Understanding Residential Property Transactions for Land and Buildings Transaction Tax Guidance
Residential Property Transactions
This section provides guidance on residential property transactions under the Land and Buildings Transaction Tax (LBTT) in Scotland. It explains the criteria for a transaction to be considered residential.
- The main subject-matter must consist entirely of an interest in residential land.
- In linked transactions, each must involve an interest in residential property.
- Residential property includes buildings used or suitable for use as a dwelling.
Original guidance here: Revenue Scotland LBTT: Understanding Residential Property Transactions for Land and Buildings Transaction Tax Guidance
Revenue Scotland LBTT: Understanding Mixed Transactions for Land and Buildings Transaction Tax in Scotland
Mixed Transactions and LBTT
This section explains the treatment of mixed transactions involving both residential and non-residential interests under the Land and Buildings Transaction Tax (LBTT) in Scotland.
- Mixed transactions, such as a shop with a flat above, are treated as non-residential.
- LBTT is calculated using non-residential rates and bands.
- Commercial use evidence is required for non-residential rates to apply.
- Examples include properties like bed and breakfasts and guest houses.
Original guidance here: Revenue Scotland LBTT: Understanding Mixed Transactions for Land and Buildings Transaction Tax in Scotland
Revenue Scotland LBTT: Understanding Non-Residential Property Transactions for Land and Buildings Tax in Scotland
Non-Residential Transactions
This section outlines the definition and principles of non-residential property in the context of Land and Buildings Transaction Tax (LBTT) in Scotland. It provides guidance on what constitutes a non-residential property transaction.
- Non-residential property refers to any property that is not classified as residential.
- The definition of residential property can be found under LBTT4010.
- Non-residential transactions are subject to specific tax regulations under LBTT.
- Guidance helps determine the classification of property for tax purposes.
Original guidance here: Revenue Scotland LBTT: Understanding Non-Residential Property Transactions for Land and Buildings Tax in Scotland
Revenue Scotland LBTT: Guide to Legislation Covering Residential and Non-Residential Transactions in Scotland
Legislation for Residential/Non-Residential Transactions
This page provides a comprehensive list of legislation governing residential and non-residential transactions in Scotland. It offers guidance on the Land and Building Transaction Tax (LBTT) and its amendments. For detailed information, users are encouraged to explore the provided links or visit legislation.gov.uk.
- Land & Building Transaction Tax (Scotland) Act 2013
- Land & Buildings Transaction Tax (Amendment) (Scotland) Act 2016
- Guidance on residential and non-residential transactions
- Links to further legislative resources
Original guidance here: Revenue Scotland LBTT: Guide to Legislation Covering Residential and Non-Residential Transactions in Scotland
Revenue Scotland LBTT: Guidance on Submitting and Amending LBTT Returns for Residential and Non-Residential Properties.
Making a Return – Residential / Non-Residential
This section provides guidance on submitting, amending, and paying Land and Buildings Transaction Tax (LBTT) returns for both residential and non-residential properties. It offers detailed instructions and resources for taxpayers to ensure compliance with LBTT regulations.
- Guidance on completing LBTT returns.
- Instructions for amending LBTT submissions.
- Information on payment procedures for LBTT.
- Links to further resources and detailed guidance documents.
Original guidance here: Revenue Scotland LBTT: Guidance on Submitting and Amending LBTT Returns for Residential and Non-Residential Properties.
Revenue Scotland LBTT: Explore Land and Buildings Transaction Tax with detailed worked examples from Revenue Scotland.
Worked Examples – LBTT
This section provides practical examples to help understand the application of Land and Buildings Transaction Tax (LBTT) in Scotland. It illustrates various scenarios to clarify the calculation and implications of LBTT.
- Explains the principles of LBTT, a tax on property transactions.
- Offers detailed examples for different property transactions.
- Helps taxpayers accurately calculate their tax obligations.
- Supports compliance with LBTT legislation and guidance.
Original guidance here: Revenue Scotland LBTT: Explore Land and Buildings Transaction Tax with detailed worked examples from Revenue Scotland.
Revenue Scotland LBTT: Latest LBTT Guidance and Portal Updates from Revenue Scotland Available Online
LBTT Updates Overview
This page provides information on the latest changes and updates to the Land and Buildings Transaction Tax (LBTT) guidance and the online portal, SETS, by Revenue Scotland. It also highlights resources available on their YouTube channel for further assistance.
- Details on recent LBTT guidance updates.
- Information about changes to the SETS online portal.
- Access to instructional videos on Revenue Scotland’s YouTube channel.
- Guidance on how to navigate and use the updated resources.
Original guidance here: Revenue Scotland LBTT: Latest LBTT Guidance and Portal Updates from Revenue Scotland Available Online
Revenue Scotland LBTT: Understanding Lease Rates and LBTT for Non-Residential Properties in Scotland
Lease Rates and Bands
This section outlines the principles and concepts of Land and Buildings Transaction Tax (LBTT) for non-residential leases in Scotland. The tax due is based on rent and any other chargeable considerations, such as a lease premium.
- LBTT is applicable if rent exceeds the non-residential threshold.
- Lease transaction rates and bands are effective from 7 February 2020.
- Tax rates are determined by the Net Present Value (NPV) of rent payable.
Revenue Scotland LBTT: Understanding Lease Rates and LBTT for Non-Residential Properties in Scotland
Original guidance here: Revenue Scotland LBTT: Understanding Lease Rates and LBTT for Non-Residential Properties in Scotland
Revenue Scotland LBTT: Submit Lease Review Returns Every Three Years to Revenue Scotland
Lease Review Returns
This page provides information about the Land and Buildings Transaction Tax (LBTT) requirements for lease review returns in Scotland. Tenants must submit a further return to Revenue Scotland every three years for leases that are notifiable. Key details include:
- Obligation to submit a lease return every three years.
- Applies to leases that are notifiable under LBTT provisions.
- Ensures compliance with Revenue Scotland regulations.
- Important for maintaining accurate tax records.
Revenue Scotland LBTT: Submit Lease Review Returns Every Three Years to Revenue Scotland
Original guidance here: Revenue Scotland LBTT: Submit Lease Review Returns Every Three Years to Revenue Scotland
Revenue Scotland LBTT: Guide for Submitting Lease Returns and Reviews for Agents and Tenants
Submitting a Lease Return or Review
This page provides guidance on how to submit a lease return or a further lease review return in Scotland. It is tailored for agents and tenants who do not have a solicitor or conveyancer.
- Instructions for submitting a lease return.
- Guidance for further lease review returns.
- Details for agents handling lease transactions.
- Information for tenants without legal representation.
- Links to relevant forms and resources.
Revenue Scotland LBTT: Guide for Submitting Lease Returns and Reviews for Agents and Tenants
Original guidance here: Revenue Scotland LBTT: Guide for Submitting Lease Returns and Reviews for Agents and Tenants
Revenue Scotland LBTT: Comprehensive Guide on Lease Transactions and Land Buildings Transaction Tax in Scotland
Lease Transactions Technical Guidance
This page provides detailed technical guidance on lease transactions as they relate to the Land and Buildings Transaction Tax (LBTT) in Scotland. It outlines key principles and concepts for understanding and complying with LBTT regulations.
- Explanation of LBTT and its application to lease transactions.
- Guidance on calculating tax liabilities for leases.
- Information on exemptions and reliefs available under LBTT.
- Instructions for completing and submitting LBTT returns.
Original guidance here: Revenue Scotland LBTT: Comprehensive Guide on Lease Transactions and Land Buildings Transaction Tax in Scotland
Revenue Scotland LBTT: Guide on LBTT Returns for Assigned Leases in Scotland
Assignation of a Lease
This section outlines the requirements for making a further Land and Buildings Transaction Tax (LBTT) return when a notifiable lease is assigned. It is governed by LBTT(S)A 2013 Schedule 19, Paragraph 11.
- The original tenant must submit a further LBTT return if a lease is assigned.
- This return must be made to Revenue Scotland.
- The deadline for submission is within 30 days of the lease assignment.
- This process ensures compliance with Scottish tax legislation.
Revenue Scotland LBTT: Guide on LBTT Returns for Assigned Leases in Scotland
Original guidance here: Revenue Scotland LBTT: Guide on LBTT Returns for Assigned Leases in Scotland
Revenue Scotland LBTT: Guidance on Notifiable Lease Transactions and LBTT Returns in Scotland
LBTT6006 – Notification Guidance
This page provides guidance on whether a lease transaction is notifiable and if an LBTT (Land and Buildings Transaction Tax) return is required. It also offers instructions on how to complete an LBTT return and make the necessary tax payments.
- Determines if a lease transaction is notifiable under LBTT regulations.
- Explains the requirement for submitting an LBTT return.
- Provides steps on completing an LBTT return.
- Includes information on paying the associated tax.
Revenue Scotland LBTT: Guidance on Notifiable Lease Transactions and LBTT Returns in Scotland
Original guidance here: Revenue Scotland LBTT: Guidance on Notifiable Lease Transactions and LBTT Returns in Scotland
Revenue Scotland LBTT: Comprehensive Guidance on Lease Transactions and Land Buildings Transaction Tax in Scotland
Lease Transactions Technical Guidance
This page provides detailed technical guidance on lease transactions under the Land and Buildings Transaction Tax (LBTT) in Scotland. It covers essential principles and concepts to assist taxpayers and professionals in understanding their obligations.
- Explanation of LBTT regulations specific to lease transactions.
- Guidance on calculating tax liabilities for leases.
- Information on filing and compliance requirements.
- Clarification on exemptions and reliefs available.
- Resources for further assistance and support.
Original guidance here: Revenue Scotland LBTT: Comprehensive Guidance on Lease Transactions and Land Buildings Transaction Tax in Scotland
Revenue Scotland LBTT: Guidance on LBTT Returns for Linked Transactions in Scotland
LBTT Return Guidance for Linked Transactions
This page provides guidance on when a Land and Buildings Transaction Tax (LBTT) return or a further LBTT return is required for linked transactions. It outlines the principles and concepts involved in such scenarios.
- Understanding linked transactions and their implications on LBTT returns.
- Criteria for when a further LBTT return is necessary.
- Guidance on submitting LBTT returns for linked transactions.
- Relevant legal references and documentation requirements.
Revenue Scotland LBTT: Guidance on LBTT Returns for Linked Transactions in Scotland
Original guidance here: Revenue Scotland LBTT: Guidance on LBTT Returns for Linked Transactions in Scotland
Revenue Scotland LBTT: Understanding LBTT for Non-Residential Property Transactions in Scotland
Non-Residential Property Tax Principles
Land and Buildings Transaction Tax (LBTT) is applicable on non-residential or mixed-use properties in Scotland when the purchase price is £150,000 or more. The tax is calculated on increasing portions of the property price. Non-residential properties include:
- Commercial properties such as shops and offices
- Agricultural land
- Forests
- Any other land or property that is not used as a dwelling
Revenue Scotland LBTT: Understanding LBTT for Non-Residential Property Transactions in Scotland
Original guidance here: Revenue Scotland LBTT: Understanding LBTT for Non-Residential Property Transactions in Scotland
Revenue Scotland LBTT: Download Paper LBTT Forms for Land and Buildings Transaction Tax in Scotland.
Land and Buildings Transaction Tax (LBTT) Forms
This page provides information on the forms related to the Land and Buildings Transaction Tax (LBTT) in Scotland. It is essential for individuals and businesses involved in property transactions to understand and complete these forms accurately.
- Details on the purpose and use of LBTT forms.
- Guidance on completing and submitting paper forms.
- Information about the tax implications of property transactions.
- Links to download necessary forms and documents.
Revenue Scotland LBTT: Download Paper LBTT Forms for Land and Buildings Transaction Tax in Scotland.
Original guidance here: Revenue Scotland LBTT: Download Paper LBTT Forms for Land and Buildings Transaction Tax in Scotland.
Revenue Scotland LBTT: Guide to Completing Paper LBTT Return Forms for Manual Submissions in Scotland
Paper LBTT Return Forms
This page provides information about paper Land and Buildings Transaction Tax (LBTT) return forms for manual submissions to Revenue Scotland. It outlines the process and requirements for completing these forms.
- Details the purpose of LBTT return forms for property transactions.
- Explains the manual submission process for these forms.
- Highlights the importance of accurate form completion.
- Provides links to download the necessary forms.
- Offers guidance on where to send completed forms.
Original guidance here: Revenue Scotland LBTT: Guide to Completing Paper LBTT Return Forms for Manual Submissions in Scotland
Revenue Scotland LBTT: Guide to Registering and Managing User Accounts for Land and Buildings Transaction Tax
Register and Manage User Accounts
This page provides guidance on how to register and manage user accounts for Land and Buildings Transaction Tax with Revenue Scotland. It outlines the necessary steps and considerations for effective account management.
- Instructions for creating a new user account.
- Guidelines for managing existing accounts.
- Information on account security and privacy measures.
- Details on user roles and permissions.
- Support resources for account-related queries.
Original guidance here: Revenue Scotland LBTT: Guide to Registering and Managing User Accounts for Land and Buildings Transaction Tax
Revenue Scotland LBTT: Roles and Responsibilities of SETS Account Administrators Explained
Account Administrator Role and Responsibilities
The Account Administrator is crucial for the daily operations of the Scottish Electronic Tax System (SETS). Each organisation must appoint at least one individual to manage this role, ensuring efficient system use.
- Oversee the day-to-day operations of SETS.
- Act as the primary point of contact for the organisation.
- Ensure compliance with tax regulations.
- Manage user accounts and permissions within the system.
- Facilitate communication between the organisation and Revenue Scotland.
Revenue Scotland LBTT: Roles and Responsibilities of SETS Account Administrators Explained
Original guidance here: Revenue Scotland LBTT: Roles and Responsibilities of SETS Account Administrators Explained
Revenue Scotland LBTT: Manage User Accounts and Permissions on SETS: A Guide for Administrators
Managing User Accounts on SETS
This page provides guidance on how to add new users, update their details, and manage user permissions within the SETS system. Only designated administrators have the authority to perform these tasks. The process involves several key steps to ensure proper user management.
- Only Account Administrators or Account Security Administrators can add new users.
- Follow specific steps to add a new user.
- Manage user permissions effectively to maintain security.
- Update user details as necessary to keep information current.
Revenue Scotland LBTT: Manage User Accounts and Permissions on SETS: A Guide for Administrators
Original guidance here: Revenue Scotland LBTT: Manage User Accounts and Permissions on SETS: A Guide for Administrators
Revenue Scotland LBTT: Register Your Organisation to Submit LBTT Online with Revenue Scotland Guidance
Registering to Submit LBTT Online
This page provides guidance on how agents, solicitors, or organisations can register and submit Land and Buildings Transaction Tax (LBTT) online. It outlines the necessary steps and requirements for successful registration and submission.
- Information on who can register: agents, solicitors, and organisations.
- Details on the online submission process for LBTT.
- Guidelines for managing user accounts effectively.
- Instructions on how to register your organisation for online submissions.
Original guidance here: Revenue Scotland LBTT: Register Your Organisation to Submit LBTT Online with Revenue Scotland Guidance
Revenue Scotland LBTT: Understanding Land and Buildings Transaction Tax for Residential Properties in Scotland
Land and Buildings Transaction Tax (LBTT) for Residential Property
LBTT is a tax applied to residential property purchases in Scotland, such as houses or flats. It is calculated on increasing portions of the property price and only applies to properties over a certain value. The amount payable depends on several factors:
- The total purchase price of the property.
- The applicable tax bands for different price ranges.
- Whether the buyer is a first-time buyer or purchasing an additional property.
Original guidance here: Revenue Scotland LBTT: Understanding Land and Buildings Transaction Tax for Residential Properties in Scotland
Revenue Scotland LBTT: Understanding Residential Property Transactions for Land and Buildings Tax in Scotland
Principles of Residential Property Transactions
This section outlines the criteria for a transaction to be considered a residential property transaction under the Land and Buildings Transaction Tax (LBTT) in Scotland. It focuses on the nature of the interest in land involved in the transaction.
- The transaction must involve an interest in residential property.
- Linked transactions must also consist entirely of interests in residential property.
- Guidance is provided by Revenue Scotland.
Original guidance here: Revenue Scotland LBTT: Understanding Residential Property Transactions for Land and Buildings Tax in Scotland
Revenue Scotland LBTT: Understanding LBTT for Mixed Residential and Non-Residential Transactions in Scotland
Mixed Transactions and LBTT
This page provides guidance on how Land and Buildings Transaction Tax (LBTT) is applied to mixed transactions involving both residential and non-residential interests. Such transactions are treated as non-residential, affecting the tax rates and bands used.
- Mixed transactions include properties like a shop with a flat above.
- Non-residential rates apply when commercial use is evidenced.
- Examples of applicable properties include bed and breakfasts and guest houses.
- Evidence of commercial use is necessary for non-residential rate application.
Original guidance here: Revenue Scotland LBTT: Understanding LBTT for Mixed Residential and Non-Residential Transactions in Scotland
Revenue Scotland LBTT: Understanding Non-Residential Property Transactions: Guidance from Revenue Scotland on LBTT Regulations
Non-Residential Transactions
This section provides guidance on non-residential property transactions under the Land and Buildings Transaction Tax (LBTT) in Scotland. It clarifies what constitutes non-residential property and offers insights into relevant legislation.
- Non-residential property refers to any property not classified as residential.
- Guidance is based on LBTT legislation and technical guidelines.
- Includes criteria for determining non-residential status in land transactions.
- Essential for understanding tax implications on non-residential properties.
Original guidance here: Revenue Scotland LBTT: Understanding Non-Residential Property Transactions: Guidance from Revenue Scotland on LBTT Regulations
Revenue Scotland LBTT: Guide to Scottish Land and Buildings Transaction Tax Legislation
Legislation Overview
This page provides detailed guidance on the legislation governing Residential and Non-Residential transactions in Scotland. It includes links to specific legislative acts and additional resources for further information.
- Land & Building Transaction Tax (Scotland) Act 2013
- Land & Buildings Transaction Tax (Amendment) (Scotland) Act 2016
- Access to legislation links for in-depth exploration
- Guidance available for both residential and non-residential transactions
- Visit legislation.gov.uk for comprehensive legal details
Revenue Scotland LBTT: Guide to Scottish Land and Buildings Transaction Tax Legislation
Original guidance here: Revenue Scotland LBTT: Guide to Scottish Land and Buildings Transaction Tax Legislation
Revenue Scotland LBTT: LBTT Return Guidance for Residential and Non-Residential Properties
Making a Return – Residential / Non-Residential
This page provides guidance on submitting, amending, or paying Land and Buildings Transaction Tax (LBTT) returns for both residential and non-residential properties. It offers detailed instructions and resources to ensure compliance with LBTT regulations.
- Guidance on completing LBTT returns.
- Instructions for amending returns.
- Information on payment procedures.
- Links to further resources and detailed guidance.
Revenue Scotland LBTT: LBTT Return Guidance for Residential and Non-Residential Properties
Original guidance here: Revenue Scotland LBTT: LBTT Return Guidance for Residential and Non-Residential Properties
Revenue Scotland LBTT: Guidance on Revenue Scotland’s Correction of Claims Not in Tax Returns
Principles and Concepts of RSTP7008
This section provides guidance on the rules under the Revenue Scotland and Tax Powers Act (RSTPA) 2014, specifically regarding the correction of claims not included in a tax return. It outlines the procedures for addressing obvious errors or omissions in repayment claims.
- Guidance on correcting claims not in a tax return.
- Focus on errors or omissions in repayment claims.
- Based on RSTPA 2014 legislation.
- Applies to Revenue Scotland’s procedures.
Revenue Scotland LBTT: Guidance on Revenue Scotland’s Correction of Claims Not in Tax Returns
Original guidance here: Revenue Scotland LBTT: Guidance on Revenue Scotland’s Correction of Claims Not in Tax Returns
Revenue Scotland LBTT: Guidance on appealing decisions from the Upper Tribunal for Scotland under RSTPA 2014.
Onward Appeal from Upper Tribunal for Scotland
This section provides guidance on the right of onward appeal from the Upper Tribunal for Scotland under the Revenue Scotland and Tax Powers Act 2014 (RSTPA). It outlines the circumstances and procedures involved in appealing to the Court of Session.
- Explains the conditions for an onward appeal from the Upper Tribunal.
- Details the legal framework under RSTPA 2014.
- Clarifies the role of the Court of Session in the appeal process.
- Provides relevant legislative references such as RSTP6011.
Original guidance here: Revenue Scotland LBTT: Guidance on appealing decisions from the Upper Tribunal for Scotland under RSTPA 2014.
Revenue Scotland LBTT: Revenue Scotland Guidance on Amending Tax Returns During Enquiries
Revenue Scotland’s Amendment of Tax Returns During an Enquiry
This section provides guidance on when and how Revenue Scotland can amend a tax return during an enquiry. It outlines the principles and procedures that govern these amendments to ensure compliance and accuracy in tax assessments.
- Details the circumstances under which amendments can be made.
- Explains the legal framework supporting these amendments.
- Describes the process followed by Revenue Scotland during an enquiry.
- Emphasises the importance of accuracy and compliance in tax returns.
Revenue Scotland LBTT: Revenue Scotland Guidance on Amending Tax Returns During Enquiries
Original guidance here: Revenue Scotland LBTT: Revenue Scotland Guidance on Amending Tax Returns During Enquiries
Revenue Scotland LBTT: Guidance on Revenue Scotland’s power to issue determinations for late tax returns.
Revenue Scotland Determination Guidance
This page provides guidance on Revenue Scotland’s authority to issue a determination when a taxpayer fails to submit a tax return on time, as per the Revenue Scotland and Tax Powers Act 2014.
- Explains the circumstances under which a Revenue Scotland determination is issued.
- Details the legal framework provided by the RSTPA 2014.
- Highlights the implications for taxpayers who do not comply with tax return deadlines.
- Offers insights into the procedural aspects of determinations.
Original guidance here: Revenue Scotland LBTT: Guidance on Revenue Scotland’s power to issue determinations for late tax returns.
Revenue Scotland LBTT: Guidance on Revenue Scotland’s Assessment Powers Under RSTPA 2014 Legislation
Revenue Scotland Assessment Guidance
This section provides guidance on the authority of Revenue Scotland to issue assessments under specific circumstances, as outlined in the Revenue Scotland and Tax Powers Act (RSTPA) 2014. Key principles and concepts include:
- Understanding the conditions under which Revenue Scotland can issue an assessment.
- Clarification of the legal framework provided by RSTPA 2014.
- Details on the procedural aspects of tax assessments.
- Insights into the implications for taxpayers regarding compliance and obligations.
Revenue Scotland LBTT: Guidance on Revenue Scotland’s Assessment Powers Under RSTPA 2014 Legislation
Original guidance here: Revenue Scotland LBTT: Guidance on Revenue Scotland’s Assessment Powers Under RSTPA 2014 Legislation
Revenue Scotland LBTT: Revenue Scotland’s Authority to Correct Obvious Tax Return Errors and Omissions
Revenue Scotland Correction Guidance
This section outlines the principles and concepts of Revenue Scotland’s authority to amend tax returns under specific conditions. It focuses on correcting obvious errors or omissions in submitted tax documents.
- Guidance is based on the Revenue Scotland and Tax Powers Act 2014 (RSTPA 2014).
- Explains circumstances under which corrections can be made.
- Details the process for identifying and rectifying errors or omissions.
- Emphasises the importance of accuracy in tax return submissions.
Original guidance here: Revenue Scotland LBTT: Revenue Scotland’s Authority to Correct Obvious Tax Return Errors and Omissions
Revenue Scotland LBTT: Guidance on Information Notices by Revenue Scotland: RSTPA Overview
Principles and Concepts of RSTP2002 Information Notices
This section provides an overview of the RSTPA guidance on information notices as utilised by Revenue Scotland. It outlines the principles and concepts associated with their investigatory powers.
- Information notices are tools used by Revenue Scotland to gather necessary data for tax purposes.
- They are issued to ensure compliance with tax legislation.
- The notices require individuals or entities to provide specific information or documents.
- Failure to comply with these notices can lead to penalties or further legal action.
Revenue Scotland LBTT: Guidance on Information Notices by Revenue Scotland: RSTPA Overview
Original guidance here: Revenue Scotland LBTT: Guidance on Information Notices by Revenue Scotland: RSTPA Overview
Revenue Scotland LBTT: Guidance on Revenue Scotland’s Information Notices and Required Document Production Rules
General Rules of Information Notices
This section provides guidance on the general rules of information notices under the Revenue Scotland and Tax Powers Act (RSTPA). It outlines the principles and concepts related to the information that may be required to be provided or documents that must be produced.
- Information notices are governed by the RSTPA 2014.
- They specify the information or documents needed by Revenue Scotland.
- Notices must be issued within a reasonable timeframe.
- Compliance with notices is mandatory under the Act.
Original guidance here: Revenue Scotland LBTT: Guidance on Revenue Scotland’s Information Notices and Required Document Production Rules
Revenue Scotland LBTT: Guidance on Taxpayer Information Notices under RSTPA 2014 by Revenue Scotland
RSTPA Guidance on Taxpayer Information Notice
This page provides guidance on taxpayer information notices under the Revenue Scotland and Tax Powers Act (RSTPA) 2014. It outlines the principles and concepts related to investigatory powers and the issuance of information notices.
- Explains the purpose and scope of taxpayer information notices.
- Details the legal framework under RSTPA 2014.
- Describes the process for issuing and complying with notices.
- Highlights taxpayer rights and obligations.
- Provides links to relevant legislation and guidance documents.
Revenue Scotland LBTT: Guidance on Taxpayer Information Notices under RSTPA 2014 by Revenue Scotland
Original guidance here: Revenue Scotland LBTT: Guidance on Taxpayer Information Notices under RSTPA 2014 by Revenue Scotland
Revenue Scotland LBTT: Guidance on Third Party Information Notice Under RSTPA by Revenue Scotland
Principles and Concepts of Third Party Information Notices
This page provides guidance on third party information notices under the Revenue Scotland and Tax Powers Act (RSTPA). It outlines the legal framework and procedural requirements for issuing such notices, which are used to obtain information from third parties during tax investigations.
- Third party notices are part of investigatory powers under RSTPA.
- They are used to gather information from entities not directly involved in a tax matter.
- Legal and procedural guidelines must be adhered to when issuing these notices.
- They ensure compliance and transparency in tax investigations.
Revenue Scotland LBTT: Guidance on Third Party Information Notice Under RSTPA by Revenue Scotland
Original guidance here: Revenue Scotland LBTT: Guidance on Third Party Information Notice Under RSTPA by Revenue Scotland
Revenue Scotland LBTT: Guidance on Identity Unknown Information Notices under RSTPA
RSTP2006 – Identity Unknown Notice
This page provides guidance on identity unknown information notices under the Revenue Scotland and Tax Powers Act (RSTPA). It explains the principles and concepts related to these notices, which are used in tax investigations when the identity of a taxpayer is unknown.
- Identity unknown notices are part of investigatory powers under RSTPA.
- They help Revenue Scotland gather information about unidentified taxpayers.
- The notices are governed by specific provisions in RSTPA 2014.
- They are crucial for ensuring tax compliance and enforcement.
Revenue Scotland LBTT: Guidance on Identity Unknown Information Notices under RSTPA
Original guidance here: Revenue Scotland LBTT: Guidance on Identity Unknown Information Notices under RSTPA
Revenue Scotland LBTT: Guidance on Identification Information Notices under Revenue Scotland Act 2014
Principles and Concepts of Identification Information Notices
This page provides guidance on identification information notices under the Revenue Scotland and Tax Powers Act (RSTPA). It outlines the principles and concepts related to the issuance and use of these notices.
- Identification notices are part of the investigatory powers under RSTPA.
- They are used to gather information for tax compliance.
- Guidance includes legal frameworks from RSTP2007 and RSTPA 2014.
- Ensures transparency and accountability in tax investigations.
Original guidance here: Revenue Scotland LBTT: Guidance on Identification Information Notices under Revenue Scotland Act 2014
Revenue Scotland LBTT: Guidance on Tribunal Approval for Taxpayer or Third Party Notices in Scotland
Tribunal Approval of Taxpayer or Third Party Notice
This section provides guidance on the rules concerning tribunal approval for issuing taxpayer or third party notices under the Revenue Scotland and Tax Powers Act (RSTPA). It outlines the necessary procedures and legal requirements involved in obtaining tribunal consent.
- Explains the concept of tribunal approval for notices.
- Details the legal framework under RSTPA 2008 and 2014.
- Clarifies the roles of taxpayer and third party notices.
- Provides procedural guidance for compliance.
Revenue Scotland LBTT: Guidance on Tribunal Approval for Taxpayer or Third Party Notices in Scotland
Original guidance here: Revenue Scotland LBTT: Guidance on Tribunal Approval for Taxpayer or Third Party Notices in Scotland
Revenue Scotland LBTT: Guidance on RSTPA Information Notice Restrictions by Revenue Scotland
RSTP2009 – Information Notices: Restrictions
This page provides guidance on the restrictions applicable to information notices under the Revenue Scotland and Tax Powers Act (RSTPA). It outlines the principles and concepts governing these restrictions.
- Information notices are regulated under RSTPA 2009 and RSTPA 2014.
- Restrictions ensure compliance with legal standards.
- Guidance is provided by Revenue Scotland.
- Key terms include information notice, restriction, and investigatory powers.
- Compliance with these guidelines is crucial for legal adherence.
Revenue Scotland LBTT: Guidance on RSTPA Information Notice Restrictions by Revenue Scotland
Original guidance here: Revenue Scotland LBTT: Guidance on RSTPA Information Notice Restrictions by Revenue Scotland
Revenue Scotland LBTT: Guidance on Complying with Information Notices under RSTPA 2017
Complying with an Information Notice
This page provides guidance on adhering to an information notice under the Revenue Scotland and Tax Powers Act (RSTPA). It outlines the principles and concepts necessary for compliance.
- Understanding the legal framework of RSTPA 2014 and RSTPA 2017.
- Details on the investigatory powers of Revenue Scotland.
- Step-by-step instructions for responding to an information notice.
- Clarification of taxpayer obligations and rights.
- Potential consequences of non-compliance.
Revenue Scotland LBTT: Guidance on Complying with Information Notices under RSTPA 2017
Original guidance here: Revenue Scotland LBTT: Guidance on Complying with Information Notices under RSTPA 2017
Revenue Scotland LBTT: Guidance on Legal Consequences for Concealing or Destroying Documents Under RSTPA Regulations
Consequences of Concealing, Destroying or Disposing of Documents
This section provides guidance on the implications of concealing, destroying, or disposing of documents required by an information notice under the Revenue Scotland and Tax Powers Act (RSTPA). It highlights the potential criminal offence associated with such actions.
- Explains the legal framework under RSTPA 2014 and RSTPA 2018.
- Details the consequences of non-compliance with information notices.
- Emphasises the seriousness of document concealment or destruction.
- Outlines potential criminal charges for offenders.
Original guidance here: Revenue Scotland LBTT: Guidance on Legal Consequences for Concealing or Destroying Documents Under RSTPA Regulations
Revenue Scotland LBTT: Guidance on Revenue Scotland’s Inspection Powers Under RSTPA Legislation
Overview of RSTPA Guidance on Revenue Scotland’s Powers of Inspection
This section provides a summary of the RSTPA guidance regarding Revenue Scotland’s powers of inspection. It outlines the principles and concepts governing the inspection processes.
- Details the legal framework for inspections by Revenue Scotland.
- Explains the scope and limitations of inspection powers.
- Describes the procedures and protocols to be followed during inspections.
- Highlights the rights and responsibilities of taxpayers during inspections.
Revenue Scotland LBTT: Guidance on Revenue Scotland’s Inspection Powers Under RSTPA Legislation
Original guidance here: Revenue Scotland LBTT: Guidance on Revenue Scotland’s Inspection Powers Under RSTPA Legislation
Revenue Scotland LBTT: Guidance on Inspecting Business Premises Under Revenue Scotland and Tax Powers Act
Inspection of Business Premises
This section provides guidance on the inspection of a person’s business premises under the Revenue Scotland and Tax Powers Act (RSTPA). It outlines the principles and concepts involved in such inspections.
- Inspection is conducted under the RSTPA 2014 framework.
- Focuses on business assets and documents.
- Aims to ensure compliance with tax regulations.
- Provides legal basis for accessing business premises.
- Ensures transparency and accountability in tax matters.
Original guidance here: Revenue Scotland LBTT: Guidance on Inspecting Business Premises Under Revenue Scotland and Tax Powers Act
Revenue Scotland LBTT: Guidance on Inspecting Business Premises of Involved Third Parties in Scotland
Inspection of Business Premises of an Involved Third Party
This page provides guidance under the Revenue Scotland and Tax Powers Act (RSTPA) on inspecting the business premises of an involved third party. It outlines the principles and concepts related to such inspections.
- Focus on the inspection of business premises under RSTPA 2014.
- Guidance for handling business assets and relevant documents.
- Clarification of roles and responsibilities during inspections.
- Ensures compliance with RSTP2021 regulations.
Original guidance here: Revenue Scotland LBTT: Guidance on Inspecting Business Premises of Involved Third Parties in Scotland
Revenue Scotland LBTT: Guidance on Inspecting Business Premises Under Revenue Scotland Tax Powers Act
Principles and Concepts of Business Premises Inspection
This section provides guidance on the rules for inspecting business premises under the Revenue Scotland and Tax Powers Act (RSTPA). It outlines the procedures and legalities involved in such inspections.
- Inspections can be announced or unannounced.
- They apply to both the business owner and any involved third parties.
- Guidance is based on RSTPA 2014 and RSTP2022 regulations.
- Ensures compliance with tax legislation.
Original guidance here: Revenue Scotland LBTT: Guidance on Inspecting Business Premises Under Revenue Scotland Tax Powers Act
Revenue Scotland LBTT: Revenue Scotland’s Enhanced Powers for Business Premises Inspections
Extra Powers for Inspection of Business Premises
This page provides guidance on the additional powers granted to Revenue Scotland or designated individuals under the RSTPA 2014 for inspecting business premises. These powers are crucial for thorough examinations and investigations.
- Inspection of business premises is authorised under RSTPA 2014.
- Additional powers include examining equipment and heavy machinery.
- Sampling, boring, and monitoring activities are permitted.
- These powers ensure compliance with tax regulations.
Revenue Scotland LBTT: Revenue Scotland’s Enhanced Powers for Business Premises Inspections
Original guidance here: Revenue Scotland LBTT: Revenue Scotland’s Enhanced Powers for Business Premises Inspections
Revenue Scotland LBTT: Guidance on Home-Based Business Inspections Under RSTPA 2014 by Revenue Scotland
Inspection of Home-Based Businesses
This page provides guidance on conducting inspections for businesses operated from a person’s home, under the Revenue Scotland and Tax Powers Act (RSTPA) 2014.
- Focuses on the legal framework provided by RSTPA 2014.
- Outlines the investigatory powers of Revenue Scotland.
- Details the process and considerations for home-based business inspections.
- Emphasises compliance with domestic and business regulations.
- Offers insights into balancing privacy with regulatory requirements.
Original guidance here: Revenue Scotland LBTT: Guidance on Home-Based Business Inspections Under RSTPA 2014 by Revenue Scotland
Revenue Scotland LBTT: Guidance on Inspecting Premises for Valuation Under RSTPA 2014 Regulations
Inspection of Premises for Valuation
The RSTP2025 guidance provides detailed information on the inspection of premises for valuation purposes under the Revenue Scotland and Tax Powers Act. It outlines the principles and procedures involved in conducting these inspections.
- Guidance is based on the Revenue Scotland and Tax Powers Act 2014.
- Focuses on the valuation of premises.
- Details the investigatory powers granted to Revenue Scotland.
- Ensures compliance with legal standards during inspections.
- Aims to provide clarity on valuation processes.
Revenue Scotland LBTT: Guidance on Inspecting Premises for Valuation Under RSTPA 2014 Regulations
Original guidance here: Revenue Scotland LBTT: Guidance on Inspecting Premises for Valuation Under RSTPA 2014 Regulations
Revenue Scotland LBTT: Guidance on Tribunal Approval for Inspections Under Revenue Scotland Act 2014
Tribunal Approval for Inspection
This section provides guidance on the process of applying for tribunal approval for inspections under the Revenue Scotland and Tax Powers Act 2014 (RSTPA). It covers the necessary steps and considerations for obtaining approval to inspect premises.
- Understanding the importance of tribunal approval in inspections.
- Steps involved in applying for tribunal approval.
- Key considerations and legal requirements under RSTPA 2014.
- Role of Revenue Scotland in the inspection process.
Revenue Scotland LBTT: Guidance on Tribunal Approval for Inspections Under Revenue Scotland Act 2014
Original guidance here: Revenue Scotland LBTT: Guidance on Tribunal Approval for Inspections Under Revenue Scotland Act 2014
Revenue Scotland LBTT: Guidance on Obstructing Officers During Inspections Under RSTPA 2014
Cooperation or Obstruction at an Inspection
This section provides guidance on the implications of obstructing an officer during an inspection under the Revenue Scotland and Tax Powers Act (RSTPA) 2014. It outlines the rights of the occupier and emphasises the importance of cooperation.
- Explains the consequences of deliberate obstruction during inspections.
- Highlights the legal rights of occupiers during these inspections.
- Emphasises the need for cooperation with officers to ensure compliance.
- References RSTPA 2014 as the governing legislation.
Revenue Scotland LBTT: Guidance on Obstructing Officers During Inspections Under RSTPA 2014
Original guidance here: Revenue Scotland LBTT: Guidance on Obstructing Officers During Inspections Under RSTPA 2014
Revenue Scotland LBTT: Revenue Scotland’s Inspection Powers: Guidance on Information and Document Handling During Inspections
Information and Document Powers at an Inspection
This section provides guidance on the powers granted to Revenue Scotland under the Revenue Scotland and Tax Powers Act 2014 during inspections. It outlines the principles and concepts related to obtaining information and documents.
- Revenue Scotland’s authority to inspect information and documents.
- Procedures for copying and extracting information.
- Guidelines for the removal of documents and computer records.
- Legal framework under RSTPA 2014.
- Reference to RSTP2028 for detailed guidance.
Original guidance here: Revenue Scotland LBTT: Revenue Scotland’s Inspection Powers: Guidance on Information and Document Handling During Inspections
Revenue Scotland LBTT: RSTPA Guidance: Understanding General Meanings in Revenue Scotland Legislation
RSTPA General Meanings
This page provides an overview of the RSTPA guidance on general meanings, focusing on the principles and concepts related to Revenue Scotland’s investigatory powers. It serves as a resource for understanding the legal framework and definitions within the RSTPA legislation.
- Explains the general meanings within RSTPA guidance.
- Focuses on Revenue Scotland’s investigatory powers.
- Clarifies legal frameworks and definitions.
- Serves as a resource for understanding RSTPA legislation.
Original guidance here: Revenue Scotland LBTT: RSTPA Guidance: Understanding General Meanings in Revenue Scotland Legislation
Revenue Scotland LBTT: Understanding Tax Position: Guidance from Revenue Scotland on RSTPA 2014 Definitions and Implications
Understanding ‘Tax Position’ under RSTPA
This section provides guidance on the concept of a person’s ‘tax position’ as defined by the Revenue Scotland and Tax Powers Act (RSTPA) 2014. It delves into the principles and implications of understanding one’s tax obligations and rights.
- Explains the term ‘tax position’ within the context of RSTPA 2014.
- Clarifies the legal framework governing tax responsibilities in Scotland.
- Highlights the relevance of RSTP2029 in assessing tax status.
- Guides on compliance with Revenue Scotland’s tax regulations.
Original guidance here: Revenue Scotland LBTT: Understanding Tax Position: Guidance from Revenue Scotland on RSTPA 2014 Definitions and Implications
Revenue Scotland LBTT: Understanding Statutory Records: Guidance from Revenue Scotland on RSTPA Compliance
Principles and Concepts of Statutory Records
This page provides guidance on the definition of ‘statutory records’ as per the Revenue Scotland and Tax Powers Act (RSTPA) 2014. It explains the legal requirements and obligations for maintaining these records.
- Statutory records are essential for tax compliance under RSTPA 2014.
- They include documents required by law for tax purposes.
- Proper maintenance of these records is crucial for audits and investigations.
- Failure to maintain statutory records can result in penalties.
Original guidance here: Revenue Scotland LBTT: Understanding Statutory Records: Guidance from Revenue Scotland on RSTPA Compliance
Revenue Scotland LBTT: Understanding ‘Provide Information’ Under RSTPA 2014: Guidance from Revenue Scotland
RSTP2031 – Meaning of ‘Provide Information’
This section of the Revenue Scotland guidance explains the principles and concepts behind the term ‘provide information’ as outlined in the Revenue Scotland and Tax Powers Act (RSTPA) 2014. It is crucial for understanding the legal obligations and compliance requirements.
- Defines the legal context of ‘provide information’ under RSTPA 2014.
- Clarifies the responsibilities of taxpayers and agents.
- Outlines the investigatory powers of Revenue Scotland.
- Emphasises the importance of accurate and timely information provision.
Original guidance here: Revenue Scotland LBTT: Understanding ‘Provide Information’ Under RSTPA 2014: Guidance from Revenue Scotland
Revenue Scotland LBTT: Guidance on ‘Produce Documents’ Under Revenue Scotland and Tax Powers Act 2014
Principles and Concepts of ‘Produce Documents’
This section provides guidance on the interpretation of the term ‘produce documents’ as outlined in the Revenue Scotland and Tax Powers Act (RSTPA) 2014. It explains the legal obligations and the context in which documents must be produced for tax purposes.
- Defines the term ‘produce documents’ within RSTPA 2014.
- Outlines the legal requirements for document production.
- Explains the context and scenarios for document production.
- Clarifies the responsibilities of individuals and organisations.
Original guidance here: Revenue Scotland LBTT: Guidance on ‘Produce Documents’ Under Revenue Scotland and Tax Powers Act 2014
Revenue Scotland LBTT: Understanding ‘Enter’ in Revenue Scotland and Tax Powers Act Guidance
Understanding the Term ‘Enter’ in RSTPA
This section provides guidance on the interpretation of the term ‘enter’ as used in the Revenue Scotland and Tax Powers Act (RSTPA) 2014. It is crucial for understanding investigatory powers under the legislation.
- Defines the legal meaning of ‘enter’ within the context of RSTPA.
- Explains its application in investigatory processes.
- Clarifies the scope and limitations of this term.
- Provides examples to illustrate its usage in practice.
Revenue Scotland LBTT: Understanding ‘Enter’ in Revenue Scotland and Tax Powers Act Guidance
Original guidance here: Revenue Scotland LBTT: Understanding ‘Enter’ in Revenue Scotland and Tax Powers Act Guidance
Revenue Scotland LBTT: Guidance on ‘Inspect’ Under Revenue Scotland and Tax Powers Act
Principles and Concepts of ‘Inspect’ in RSTPA
This section provides guidance on the interpretation of the term ‘inspect’ as defined in the Revenue Scotland and Tax Powers Act (RSTPA) 2014. It aims to clarify the scope and application of investigatory powers granted to Revenue Scotland.
- Defines ‘inspect’ within the context of RSTPA 2014.
- Explains the legal framework for investigatory powers.
- Outlines the responsibilities and limitations of Revenue Scotland.
- Provides examples of situations where ‘inspect’ is applicable.
Revenue Scotland LBTT: Guidance on ‘Inspect’ Under Revenue Scotland and Tax Powers Act
Original guidance here: Revenue Scotland LBTT: Guidance on ‘Inspect’ Under Revenue Scotland and Tax Powers Act
Revenue Scotland LBTT: Understanding ‘Premises’ and ‘Business Premises’ in Revenue Scotland Guidance
Understanding ‘Premises’ and ‘Business Premises’
This section provides guidance on the definitions of ‘premises’ and ‘business premises’ as outlined in the Revenue Scotland and Tax Powers Act (RSTPA) 2014. It includes specific interpretations relevant to investigatory powers.
- Defines ‘premises’ and ‘business premises’ under RSTPA 2014.
- Explains the inclusion of means of transport within these definitions.
- Aids in understanding investigatory powers related to these terms.
- Essential for compliance with RSTPA legislation.
Revenue Scotland LBTT: Understanding ‘Premises’ and ‘Business Premises’ in Revenue Scotland Guidance
Original guidance here: Revenue Scotland LBTT: Understanding ‘Premises’ and ‘Business Premises’ in Revenue Scotland Guidance
Revenue Scotland LBTT: Understanding ‘Carrying on a Business’ Under Revenue Scotland Tax Powers Act Guidance
Understanding ‘Carrying on a Business’
The page provides guidance on the definition of ‘carrying on a business’ under the Revenue Scotland and Tax Powers Act (RSTPA) 2014. It explains key principles and concepts relevant to this definition.
- Clarifies the legal interpretation of ‘carrying on a business’.
- Explains the implications under RSTPA 2014.
- Provides examples to illustrate the application of the term.
- Outlines the investigatory powers of Revenue Scotland.
Original guidance here: Revenue Scotland LBTT: Understanding ‘Carrying on a Business’ Under Revenue Scotland Tax Powers Act Guidance
Revenue Scotland LBTT: Understanding ‘Business Assets’ in RSTPA Guidance by Revenue Scotland
Understanding ‘Business Assets’
This section provides guidance on the definition of ‘business assets’ as per RSTPA legislation. It outlines the principles and concepts that define what constitutes a business asset for tax purposes.
- Clarifies the term ‘business assets’ within the context of Revenue Scotland’s tax regulations.
- Explains the criteria used to identify assets as business-related.
- Discusses the implications of asset classification on tax obligations.
- Offers examples to illustrate different types of business assets.
Revenue Scotland LBTT: Understanding ‘Business Assets’ in RSTPA Guidance by Revenue Scotland
Original guidance here: Revenue Scotland LBTT: Understanding ‘Business Assets’ in RSTPA Guidance by Revenue Scotland
Revenue Scotland LBTT: Understanding ‘Business Documents’ Under RSTPA Guidance by Revenue Scotland
Understanding ‘Business Documents’ in RSTPA
This section provides guidance on the interpretation of ‘business documents’ as per the Revenue Scotland and Tax Powers Act (RSTPA) 2014. It is essential for understanding compliance and investigatory powers.
- Defines what constitutes ‘business documents’ under RSTPA.
- Clarifies the role of these documents in tax investigations.
- Explains the legal context and implications for businesses.
- Offers insights into compliance requirements with RSTPA 2014.
Revenue Scotland LBTT: Understanding ‘Business Documents’ Under RSTPA Guidance by Revenue Scotland
Original guidance here: Revenue Scotland LBTT: Understanding ‘Business Documents’ Under RSTPA Guidance by Revenue Scotland
Revenue Scotland LBTT: Revenue Scotland’s Guidance on Discretionary Powers for Penalties
Revenue Scotland Discretionary Powers in Relation to Penalties
This section provides an overview of the guidance on Revenue Scotland’s discretionary powers concerning penalties. It outlines the principles and concepts governing the application of these powers.
- Explanation of Revenue Scotland’s authority to apply or waive penalties.
- Criteria and considerations for exercising discretionary powers.
- Impact of these powers on taxpayers and compliance.
- Guidance on the procedural aspects of penalty application.
Revenue Scotland LBTT: Revenue Scotland’s Guidance on Discretionary Powers for Penalties
Original guidance here: Revenue Scotland LBTT: Revenue Scotland’s Guidance on Discretionary Powers for Penalties
Guidance on Interest for Repayments by Revenue Scotland Under RSTPA 2014
Interest on Repayments by Revenue Scotland
This section provides guidance on when Revenue Scotland will pay interest on repayments of tax and penalties. It outlines the principles and conditions under the Revenue Scotland and Tax Powers Act (RSTPA) 2014.
- Details the circumstances for interest payments on tax repayments.
- Explains the relevant provisions under the RSTPA 2014.
- Clarifies the criteria for eligibility for interest on repayments.
- Provides guidance for taxpayers on how to claim repayment interest.
Guidance on Interest for Repayments by Revenue Scotland Under RSTPA 2014
Original guidance here: Guidance on Interest for Repayments by Revenue Scotland Under RSTPA 2014
Guide to Land and Buildings Transaction Tax in Scotland by Revenue Scotland.
Land and Buildings Transaction Tax Overview
The Land and Buildings Transaction Tax (LBTT) is a tax applied to residential and commercial land and buildings transactions in Scotland. It replaces the UK Stamp Duty Land Tax in Scotland. The tax is progressive, meaning the rate increases with the value of the property.
- Applies to residential and commercial properties.
- Replaces UK Stamp Duty Land Tax in Scotland.
- Progressive tax structure based on property value.
- Administered by Revenue Scotland.
Guide to Land and Buildings Transaction Tax in Scotland by Revenue Scotland.
Original guidance here: Guide to Land and Buildings Transaction Tax in Scotland by Revenue Scotland.
Explore Paper LBTT Forms for Land and Buildings Transaction Tax Guidance.
Land and Buildings Transaction Tax (LBTT) Forms
This page provides information on paper forms related to the Land and Buildings Transaction Tax (LBTT) administered by Revenue Scotland. It outlines the necessary documentation for transactions involving land and buildings in Scotland.
- Details on LBTT forms for various transactions.
- Guidance on completing and submitting forms.
- Information on tax obligations and exemptions.
- Links to download paper forms.
- Contact information for further assistance.
Explore Paper LBTT Forms for Land and Buildings Transaction Tax Guidance.
Original guidance here: Explore Paper LBTT Forms for Land and Buildings Transaction Tax Guidance.
Download Paper LBTT Return Forms for Manual Submissions at Revenue Scotland.
Paper LBTT Return Forms
This page from Revenue Scotland provides information on paper Land and Buildings Transaction Tax (LBTT) return forms, which are used for manual tax returns. It outlines the essential principles and concepts related to these forms.
- LBTT is a tax applied to land and property transactions in Scotland.
- Manual return forms are available for those unable to file electronically.
- Guidance is provided for completing and submitting these forms.
- Ensures compliance with Scottish tax regulations.
Download Paper LBTT Return Forms for Manual Submissions at Revenue Scotland.
Original guidance here: Download Paper LBTT Return Forms for Manual Submissions at Revenue Scotland.
Guide to Land and Buildings Transaction Tax in Scotland by Revenue Scotland
Land and Buildings Transaction Tax Overview
This section provides an overview of the Land and Buildings Transaction Tax (LBTT) in Scotland, which applies to residential and commercial property transactions. Key principles and concepts include:
- LBTT is a tax on property purchases, replacing UK Stamp Duty Land Tax in Scotland.
- It applies to both residential and non-residential property transactions.
- The tax is calculated based on the purchase price, with different rates and bands.
- First-time buyers may benefit from reliefs and exemptions.
Guide to Land and Buildings Transaction Tax in Scotland by Revenue Scotland
Original guidance here: Guide to Land and Buildings Transaction Tax in Scotland by Revenue Scotland
Guide to Land and Buildings Transaction Tax in Scotland by Revenue Scotland
Land and Buildings Transaction Tax
The Land and Buildings Transaction Tax (LBTT) is a tax applied to land and property transactions in Scotland. It is designed to replace the UK Stamp Duty Land Tax in Scotland, ensuring a fairer and more efficient tax system. Key principles include:
- Progressive tax rates based on property value.
- Exemptions and reliefs for specific transactions.
- Revenue used to support public services in Scotland.
- Encourages transparency and accountability in property transactions.
Guide to Land and Buildings Transaction Tax in Scotland by Revenue Scotland
Original guidance here: Guide to Land and Buildings Transaction Tax in Scotland by Revenue Scotland
Guide to Submitting, Amending, and Paying LBTT with Revenue Scotland
Submitting, Amending, and Paying LBTT
This section provides practical guidance on handling Land and Buildings Transaction Tax (LBTT) in Scotland. It covers the essential steps for submitting a return, making amendments, and processing payments. The principles and concepts are outlined below:
- Understanding the LBTT process and its requirements.
- Step-by-step instructions for submitting an LBTT return.
- Guidance on how to amend an existing LBTT return.
- Information on payment methods and deadlines.
Guide to Submitting, Amending, and Paying LBTT with Revenue Scotland
Original guidance here: Guide to Submitting, Amending, and Paying LBTT with Revenue Scotland
Guide to Amending Your Land and Buildings Transaction Tax Return Online
Amending an LBTT Return
This page provides guidance on how to amend a submitted Land and Buildings Transaction Tax (LBTT) return in Scotland. It outlines the steps and considerations necessary for making amendments.
- Understand the circumstances under which an amendment is required.
- Follow the specific process for submitting an amendment to Revenue Scotland.
- Ensure all relevant details and documentation are accurately updated.
- Be aware of the time limits and conditions for making amendments.
Guide to Amending Your Land and Buildings Transaction Tax Return Online
Original guidance here: Guide to Amending Your Land and Buildings Transaction Tax Return Online
Guide to Submitting, Amending, or Paying LBTT with Revenue Scotland
Submitting, Amending, or Paying LBTT
This page provides practical guidance on handling Land and Buildings Transaction Tax (LBTT) in Scotland. It outlines the processes involved in submitting, amending, or paying LBTT returns.
- Instructions on how to submit an LBTT return.
- Guidance on making amendments to previously submitted returns.
- Information on payment methods and deadlines for LBTT.
- Details on the legal obligations associated with LBTT transactions.
Guide to Submitting, Amending, or Paying LBTT with Revenue Scotland
Original guidance here: Guide to Submitting, Amending, or Paying LBTT with Revenue Scotland
Guidance for Submitting Online LBTT Returns via Revenue Scotland Website
Guidance on Submitting an Online LBTT Return
This page provides detailed instructions on how to submit an online Land and Buildings Transaction Tax (LBTT) return through Revenue Scotland’s platform. It outlines the necessary steps and considerations for completing the process efficiently.
- Understand the LBTT submission requirements.
- Access the online submission portal.
- Follow the step-by-step guide to complete the return.
- Ensure all information is accurate before submission.
- Learn how to amend or pay the LBTT if needed.
Guidance for Submitting Online LBTT Returns via Revenue Scotland Website
Original guidance here: Guidance for Submitting Online LBTT Returns via Revenue Scotland Website
Guide to Completing ‘About the Buyer’ Section for LBTT Returns
About the Buyer Section
This section provides guidance on completing the ‘About the Buyer’ part of an online Land and Buildings Transaction Tax (LBTT) return. It outlines essential steps and information required to ensure accurate submission.
- Ensure all buyer details are correctly entered.
- Include necessary identification and contact information.
- Verify the accuracy of the data before submission.
- Understand the implications of incorrect information.
- Review the submission process for any updates or changes.
Guide to Completing ‘About the Buyer’ Section for LBTT Returns
Original guidance here: Guide to Completing ‘About the Buyer’ Section for LBTT Returns
Guide to Completing the ‘About the Calculation’ Section of LBTT Online Return
About the Calculation
This section provides guidance on completing the ‘About the Calculation’ part of the online Land and Buildings Transaction Tax (LBTT) return. It outlines key principles and concepts involved in accurately reporting and calculating the tax.
- Understand the components required for the LBTT calculation.
- Ensure accurate data entry to avoid errors in tax computation.
- Familiarise with the online submission process for efficiency.
- Learn about amendments and payment procedures for LBTT.
Guide to Completing the ‘About the Calculation’ Section of LBTT Online Return
Original guidance here: Guide to Completing the ‘About the Calculation’ Section of LBTT Online Return
Guide to Completing ‘About the Transaction’ Section in Online LBTT Return
About the Transaction
This section provides guidance on completing the ‘About the Transaction’ part of the online Land and Buildings Transaction Tax (LBTT) return. It covers essential principles and concepts to ensure accurate submission.
- Details the necessary information required for the transaction section.
- Explains the importance of accuracy in reporting.
- Outlines the steps to amend or pay LBTT online.
- Provides links to additional resources and support.
Guide to Completing ‘About the Transaction’ Section in Online LBTT Return
Original guidance here: Guide to Completing ‘About the Transaction’ Section in Online LBTT Return
Guide to Submitting LBTT Returns Online via Revenue Scotland Portal
Introduction to the Online LBTT Return Portal
This section provides an overview of how to use the online portal for submitting a Land and Buildings Transaction Tax (LBTT) return with Revenue Scotland. It covers essential principles and concepts for users.
- Guidance on accessing the online portal for LBTT submissions.
- Instructions on completing and submitting an LBTT return.
- Details on how to amend an existing LBTT return if necessary.
- Information on making payments related to LBTT returns.
- Emphasis on compliance with tax regulations.
Guide to Submitting LBTT Returns Online via Revenue Scotland Portal
Original guidance here: Guide to Submitting LBTT Returns Online via Revenue Scotland Portal
Download Paper LBTT Return Forms for Manual Submissions in Scotland
Access and submit paper LBTT return forms for manual tax submissions in Scotland.
Paper LBTT Return Forms
This page provides information on paper Land and Buildings Transaction Tax (LBTT) return forms for manual submissions to Revenue Scotland. It outlines the process and requirements for completing and submitting these forms.
- Details the purpose of LBTT return forms for property transactions.
- Explains the manual submission process for these forms.
- Provides guidelines on how to accurately complete the forms.
- Includes links to download the necessary forms for submission.
Download Paper LBTT Return Forms for Manual Submissions in Scotland
Access and submit paper LBTT return forms for manual tax submissions in Scotland.
Original guidance here: Download Paper LBTT Return Forms for Manual Submissions in Scotland
Access and submit paper LBTT return forms for manual tax submissions in Scotland.
Guide to Paying Land and Buildings Transaction Tax Online
How to Pay LBTT
This section provides guidance on paying Land and Buildings Transaction Tax (LBTT) for online returns. It outlines the necessary steps and considerations for taxpayers to ensure compliance with Revenue Scotland’s requirements.
- Understand the LBTT payment process for online submissions.
- Follow the outlined steps to complete your payment accurately.
- Ensure compliance with Revenue Scotland’s guidelines.
- Access additional resources and support if needed.
Guide to Paying Land and Buildings Transaction Tax Online
Original guidance here: Guide to Paying Land and Buildings Transaction Tax Online
Guide to Land and Buildings Transaction Tax Legislation by Revenue Scotland
LBTT Legislation Guidance
This page provides an introduction to the legislation guidance for Land and Buildings Transaction Tax (LBTT) in Scotland. It outlines the principles and key concepts associated with LBTT.
- LBTT is a tax applied to land and property transactions in Scotland.
- The guidance helps taxpayers understand their obligations under LBTT legislation.
- It includes detailed information on tax rates and exemptions.
- Resources are available for both residential and non-residential transactions.
- Guidance ensures compliance with Scottish tax laws.
Guide to Land and Buildings Transaction Tax Legislation by Revenue Scotland
Original guidance here: Guide to Land and Buildings Transaction Tax Legislation by Revenue Scotland
Understanding Chargeable Consideration in LBTT Transactions: Chapter 2 Guidance Overview
Principles of Chargeable Consideration in LBTT Transactions
This section introduces Chapter 2 of the LBTT legislation guidance, focusing on determining the chargeable consideration in a Land and Buildings Transaction Tax (LBTT) transaction. It outlines the key principles and concepts involved in calculating the chargeable amount.
- Explanation of chargeable consideration in LBTT transactions.
- Guidance on determining the correct chargeable amount.
- Reference to LBTT2001 legislation.
- Importance of accurate calculation for compliance.
Understanding Chargeable Consideration in LBTT Transactions: Chapter 2 Guidance Overview
Original guidance here: Understanding Chargeable Consideration in LBTT Transactions: Chapter 2 Guidance Overview
Understanding Chargeable Consideration in Land Transactions: LBTT Guidance and Key Components
Understanding Chargeable Consideration
This section provides guidance on what constitutes chargeable consideration in a land transaction under the Land and Buildings Transaction Tax (LBTT) framework. It covers various elements that may form part of the chargeable consideration.
- Includes Value Added Tax (VAT) implications.
- Considers fixtures, fittings, and trees.
- Discusses apportionment and postponed consideration.
- Addresses transactions in foreign currency.
- Explores non-monetary consideration and employment-related aspects.
Understanding Chargeable Consideration in Land Transactions: LBTT Guidance and Key Components
Original guidance here: Understanding Chargeable Consideration in Land Transactions: LBTT Guidance and Key Components
Understanding Debt’s Role in Land Transaction Tax Calculations in Scotland
Debt as Chargeable Consideration in LBTT
This section provides guidance on how debt is treated when determining the chargeable consideration in a land transaction under the Land and Buildings Transaction Tax (LBTT). It outlines the principles and concepts involved in assessing debt as part of the transaction value.
- Explanation of LBTT and its relevance to land transactions.
- Guidance on how debt impacts chargeable consideration.
- Clarification of legal references such as LBTT2003.
- Details on how debt is calculated within the transaction.
Understanding Debt’s Role in Land Transaction Tax Calculations in Scotland
Original guidance here: Understanding Debt’s Role in Land Transaction Tax Calculations in Scotland
Guidance on LBTT and the Impact of Works on Chargeable Consideration
Principles and Concepts of LBTT and Carrying Out of Works
This page provides guidance on the Land and Buildings Transaction Tax (LBTT) related to the carrying out of works in land transactions. It explains how these works affect the chargeable consideration.
- Defines the term ‘carrying out of works’ in the context of LBTT.
- Explains how works impact the determination of chargeable consideration.
- Provides legislative references for LBTT2004.
- Offers guidance for taxpayers and professionals dealing with land transactions.
Guidance on LBTT and the Impact of Works on Chargeable Consideration
Original guidance here: Guidance on LBTT and the Impact of Works on Chargeable Consideration
Guidance on LBTT for Contingent, Uncertain, or Unascertained Consideration in Land Transactions
Principles of LBTT on Contingent, Uncertain, or Unascertained Consideration
This section provides guidance on the treatment of contingent, uncertain, or unascertained consideration in determining the chargeable consideration for Land and Buildings Transaction Tax (LBTT) purposes.
- Explains how contingent consideration affects LBTT calculations.
- Details the approach for handling uncertain consideration.
- Clarifies the process for unascertained consideration.
- Provides legal references to LBTT2005 legislation.
- Aims to ensure accurate tax assessments in land transactions.
Guidance on LBTT for Contingent, Uncertain, or Unascertained Consideration in Land Transactions
Original guidance here: Guidance on LBTT for Contingent, Uncertain, or Unascertained Consideration in Land Transactions
Guidance on Annuities in Land Transactions for LBTT Consideration
LBTT Guidance on Annuities
This page provides guidance on how annuities are treated when determining the chargeable consideration in a land transaction under the Land and Buildings Transaction Tax (LBTT) regulations.
- Explains the principles of calculating chargeable consideration for annuities.
- Details the specific provisions related to annuities in land transactions.
- Clarifies how annuities impact the overall tax liability.
- Offers examples to illustrate the application of these rules.
Guidance on Annuities in Land Transactions for LBTT Consideration
Original guidance here: Guidance on Annuities in Land Transactions for LBTT Consideration
Guidance on LBTT chargeable consideration for transactions with connected companies in Scotland.
Deemed Market Value in Transactions with Connected Companies
This section provides guidance on the Land and Buildings Transaction Tax (LBTT) concerning transactions involving connected companies. It explains the concept of deemed market value, which is crucial in determining the chargeable consideration for tax purposes.
- Focuses on LBTT guidance for transactions with connected companies.
- Explains the principle of deemed market value.
- Details how deemed market value affects chargeable consideration.
- Relevant for understanding tax implications in land transactions.
Guidance on LBTT chargeable consideration for transactions with connected companies in Scotland.
Original guidance here: Guidance on LBTT chargeable consideration for transactions with connected companies in Scotland.
LBTT Guidance on Linked Transactions and Chargeable Consideration in Land Deals
LBTT Guidance on Linked Transactions
This page provides guidance on linked transactions in the context of Land and Buildings Transaction Tax (LBTT) in Scotland. It explains how to determine the chargeable consideration for land transactions involving linked transactions.
- Defines linked transactions and their relevance to LBTT.
- Explains the concept of chargeable consideration in land transactions.
- Guidance is based on LBTT2008 legislation.
- Useful for understanding tax implications in property transactions.
LBTT Guidance on Linked Transactions and Chargeable Consideration in Land Deals
Original guidance here: LBTT Guidance on Linked Transactions and Chargeable Consideration in Land Deals
LBTT Guidance: Items Excluded from Chargeable Consideration in Land Transactions
LBTT2009 – What is Not Chargeable Consideration
This section provides guidance on items excluded from chargeable consideration in land transactions under the Land and Buildings Transaction Tax (LBTT) regulations. Understanding these exclusions is crucial for accurate tax calculations.
- Moveable assets are not included in chargeable consideration.
- Specific exclusions are outlined under the LBTT2009 guidelines.
- Accurate determination of chargeable consideration ensures compliance with LBTT regulations.
- Guidance aids in distinguishing between chargeable and non-chargeable items.
LBTT Guidance: Items Excluded from Chargeable Consideration in Land Transactions
Original guidance here: LBTT Guidance: Items Excluded from Chargeable Consideration in Land Transactions
Understanding LBTT: Partition and Division of Chargeable Interests in Land Transactions
LBTT Guidance on Partition or Division of a Chargeable Interest
This section provides guidance on the principles and concepts related to the partition or division of a chargeable interest under the Land and Buildings Transaction Tax (LBTT) framework. It explains how to determine the chargeable consideration in such land transactions.
- Understanding partition and division in land transactions.
- Determining chargeable consideration for LBTT purposes.
- Application of LBTT2010 legislation.
- Key terms: partition, chargeable interest, chargeable consideration.
Understanding LBTT: Partition and Division of Chargeable Interests in Land Transactions
Original guidance here: Understanding LBTT: Partition and Division of Chargeable Interests in Land Transactions
Guidance on LBTT chargeable consideration when exemption conditions are not fully met.
LBTT Guidance on Chargeable Consideration
This section provides guidance on determining the chargeable consideration in land transactions where certain exemptions are not fully met. It focuses on exemptions related to assents and appropriations by personal representatives and variations of testamentary dispositions.
- Explains the principles of chargeable consideration under LBTT2011.
- Discusses conditions for exemptions in land transactions.
- Covers scenarios where exemptions are partially applicable.
- Provides insight into legal terms like testamentary disposition.
Guidance on LBTT chargeable consideration when exemption conditions are not fully met.
Original guidance here: Guidance on LBTT chargeable consideration when exemption conditions are not fully met.
Guidance on LBTT chargeable consideration when buyer indemnifies seller in land transactions.
LBTT Guidance on Indemnity by Buyer
This section provides guidance on determining the chargeable consideration in a land transaction where the buyer indemnifies the seller. It explains the principles and concepts involved in calculating the Land and Buildings Transaction Tax (LBTT) under such circumstances.
- Chargeable consideration refers to the amount on which LBTT is calculated.
- Indemnity involves the buyer agreeing to cover certain liabilities of the seller.
- Guidance helps in understanding how indemnities affect LBTT calculations.
- Ensures compliance with Revenue Scotland regulations.
Guidance on LBTT chargeable consideration when buyer indemnifies seller in land transactions.
Original guidance here: Guidance on LBTT chargeable consideration when buyer indemnifies seller in land transactions.
Guidance on LBTT for Buyers with Inheritance Tax Liabilities in Land Transactions
LBTT Guidance on Inheritance Tax Liability
This page provides guidance on determining the chargeable consideration in a land transaction where the buyer bears an inheritance tax liability. It outlines the principles and concepts related to the Land and Buildings Transaction Tax (LBTT) in such scenarios.
- Explains the impact of inheritance tax on land transactions.
- Details the chargeable consideration under LBTT2013.
- Clarifies the buyer’s responsibilities in bearing inheritance tax.
- Provides legal context for transactions involving wills and intestacy.
Guidance on LBTT for Buyers with Inheritance Tax Liabilities in Land Transactions
Original guidance here: Guidance on LBTT for Buyers with Inheritance Tax Liabilities in Land Transactions
Guidance on LBTT for Buyers with Capital Gains Tax Liability
LBTT Guidance on Chargeable Consideration
This page provides guidance on determining the chargeable consideration for Land and Buildings Transaction Tax (LBTT) when the buyer assumes a capital gains tax liability. Key principles and concepts include:
- Understanding the impact of capital gains tax on LBTT calculations.
- Clarifying the buyer’s responsibilities in bearing capital gains tax.
- Explaining the legal framework under LBTT2014.
- Providing examples and scenarios for practical application.
Guidance on LBTT for Buyers with Capital Gains Tax Liability
Original guidance here: Guidance on LBTT for Buyers with Capital Gains Tax Liability
Guidance on LBTT for Transactions Involving Public and Educational Bodies in Scotland
LBTT2015 – Arrangements Involving Public or Educational Bodies
This page provides guidance on determining the chargeable consideration for land transactions involving public or educational bodies under the Land and Buildings Transaction Tax (LBTT) framework. It outlines specific principles and concepts to consider when such bodies are involved in the arrangements.
- Understanding chargeable consideration in land transactions.
- Involvement of public and educational bodies.
- Application of LBTT2015 regulations.
- Exemptions and special considerations for qualifying bodies.
Guidance on LBTT for Transactions Involving Public and Educational Bodies in Scotland
Original guidance here: Guidance on LBTT for Transactions Involving Public and Educational Bodies in Scotland
Understanding Market Value for Land Transactions: LBTT Guidance from Revenue Scotland
Understanding LBTT and Market Value
This page provides guidance on determining the chargeable consideration in a land transaction under the Land and Buildings Transaction Tax (LBTT) framework, focusing on the concept of market value. Key principles include:
- Definition of market value in the context of LBTT.
- Importance of market value in calculating chargeable consideration.
- Application of LBTT2016 guidelines to land and building transactions.
- Relevance of accurate market value assessment for tax purposes.
Understanding Market Value for Land Transactions: LBTT Guidance from Revenue Scotland
Original guidance here: Understanding Market Value for Land Transactions: LBTT Guidance from Revenue Scotland
Guide to Exempt Land Transactions Under LBTT by Revenue Scotland
LBTT Exempt Transactions
This page provides guidance on land transactions that are exempt from Land and Buildings Transaction Tax (LBTT) in Scotland. It outlines the principles and concepts related to exemptions, ensuring clarity on when LBTT does not apply.
- Definition of exempt transactions under LBTT legislation.
- Criteria for qualifying as an exempt transaction.
- Examples of common exempt transactions.
- Clarification on specific exemptions and their applications.
- Guidance for taxpayers on compliance with LBTT exemptions.
Guide to Exempt Land Transactions Under LBTT by Revenue Scotland
Original guidance here: Guide to Exempt Land Transactions Under LBTT by Revenue Scotland
Guidance on LBTT Exemption for Property Gifting Without Chargeable Consideration
LBTT Exemption for No Chargeable Consideration
This section provides guidance on the exemption from Land and Buildings Transaction Tax (LBTT) for land transactions with no chargeable consideration, such as property gifting. It outlines the principles and concepts involved in determining eligibility for this exemption.
- Explains what constitutes a transaction with no chargeable consideration.
- Details the conditions under which a property gift is exempt from LBTT.
- Clarifies the legal framework governing LBTT exemptions.
- Provides examples of transactions that qualify for this exemption.
Guidance on LBTT Exemption for Property Gifting Without Chargeable Consideration
Original guidance here: Guidance on LBTT Exemption for Property Gifting Without Chargeable Consideration
Guidance on LBTT Exemption for Crown-Associated Acquisitions by Individuals or Bodies
LBTT Exemption for Crown Acquisitions
This page provides guidance on the exemption of transactions involving the acquisition of a chargeable interest by individuals or bodies associated with the Crown under the Land and Buildings Transaction Tax (LBTT) regulations.
- Explains the criteria for exemption eligibility.
- Details the specific individuals or bodies that qualify for this exemption.
- Outlines the legal framework governing these transactions.
- Provides links to further resources and official documentation.
Guidance on LBTT Exemption for Crown-Associated Acquisitions by Individuals or Bodies
Original guidance here: Guidance on LBTT Exemption for Crown-Associated Acquisitions by Individuals or Bodies
Technical Guidance on Lease Transactions for Land and Buildings Tax in Scotland
Lease Transactions Technical Guidance
This page provides detailed guidance on lease transactions under the Land and Buildings Transaction Tax (LBTT) in Scotland. It outlines the principles and concepts relevant to understanding and complying with LBTT legislation.
- Explanation of LBTT and its application to lease transactions.
- Guidance on calculating tax liabilities for leases.
- Information on exemptions and reliefs available.
- Details on filing requirements and deadlines.
- Clarification of legal obligations and compliance measures.
Technical Guidance on Lease Transactions for Land and Buildings Tax in Scotland
Original guidance here: Technical Guidance on Lease Transactions for Land and Buildings Tax in Scotland
Guide on LBTT Exemption for Land Transactions During Divorce Proceedings in Scotland
LBTT Exemption for Divorce-Related Transactions
This page provides guidance on the Land and Buildings Transaction Tax (LBTT) exemption applicable to transactions connected with divorce. It outlines the principles and conditions under which this exemption is granted.
- LBTT is a tax on land and property transactions in Scotland.
- Exemption applies to property transfers due to divorce or dissolution of a civil partnership.
- Specific conditions must be met for the exemption to be valid.
- Guidance helps ensure compliance with LBTT legislation.
Guide on LBTT Exemption for Land Transactions During Divorce Proceedings in Scotland
Original guidance here: Guide on LBTT Exemption for Land Transactions During Divorce Proceedings in Scotland
Guidance on LBTT Exemptions for Civil Partnership Dissolution Transactions in Scotland
LBTT Exemption for Civil Partnership Dissolution
This page provides guidance on the exemption from Land and Buildings Transaction Tax (LBTT) for transactions resulting from the dissolution of a civil partnership. The exemption applies under specific conditions outlined by Revenue Scotland.
- Transactions must result from a court order or an agreement between parties.
- The exemption is specific to the dissolution of a civil partnership.
- LBTT3007 outlines the relevant legislative guidance.
- Key terms include civil partnership, dissolution, and exemption.
Guidance on LBTT Exemptions for Civil Partnership Dissolution Transactions in Scotland
Original guidance here: Guidance on LBTT Exemptions for Civil Partnership Dissolution Transactions in Scotland
Guidance on LBTT Exemption for Assent and Appropriations in Wills or Intestacy
LBTT Exemption for Assent and Appropriations
This section provides guidance on the exemption of Land and Buildings Transaction Tax (LBTT) for land transactions resulting from the assent or appropriation by a personal representative in a will or intestacy. Key principles and concepts include:
- Understanding the role of personal representatives in managing estates.
- Exemption criteria for transactions related to wills and intestacies.
- Clarification of terms such as ‘assent’ and ‘appropriation’.
- Legal implications and tax reliefs available under LBTT3008.
Guidance on LBTT Exemption for Assent and Appropriations in Wills or Intestacy
Original guidance here: Guidance on LBTT Exemption for Assent and Appropriations in Wills or Intestacy
Guidance on LBTT exemption for changing will beneficiaries in Scotland.
LBTT Guidance on Testamentary Dispositions
This page provides guidance on the exemption from Land and Buildings Transaction Tax (LBTT) for land transactions that alter the terms of a will or intestacy, allowing a different beneficiary to receive a property.
- Explains the concept of testamentary disposition variation.
- Details conditions under which LBTT exemption applies.
- Covers both wills and intestacy scenarios.
- Provides legal references and guidance for compliance.
Guidance on LBTT exemption for changing will beneficiaries in Scotland.
Original guidance here: Guidance on LBTT exemption for changing will beneficiaries in Scotland.
LBTT Guidance: When Alternative Finance Bond Relief Is Unavailable Upon Asset Control Acquisition
LBTT3023 – Alternative Finance Investment Bonds Relief Unavailability
This section provides guidance on the circumstances under which relief for Alternative Finance Investment Bonds (AFIB) is not available when the bond-holder gains control of the underlying asset. Key principles and concepts include:
- Understanding the conditions that affect the availability of AFIB relief.
- Exploring the implications of a bond-holder acquiring control over the underlying asset.
- Clarifying the relationship between AFIB and Land and Buildings Transaction Tax (LBTT).
- Identifying specific scenarios where relief is restricted.
LBTT Guidance: When Alternative Finance Bond Relief Is Unavailable Upon Asset Control Acquisition
Original guidance here: LBTT Guidance: When Alternative Finance Bond Relief Is Unavailable Upon Asset Control Acquisition
LBTT Guidance on Sale and Leaseback Relief from Revenue Scotland
LBTT3011 – Sale and Leaseback Relief
This webpage provides guidance on the Land and Buildings Transaction Tax (LBTT) relief for sale and leaseback transactions. It explains the principles and conditions under which this relief can be claimed.
- Sale and leaseback involves selling a property and leasing it back from the buyer.
- LBTT relief may be available to reduce tax liability in such transactions.
- Specific conditions must be met to qualify for this relief.
- Guidance is provided by Revenue Scotland.
LBTT Guidance on Sale and Leaseback Relief from Revenue Scotland
Original guidance here: LBTT Guidance on Sale and Leaseback Relief from Revenue Scotland
Guidance on LBTT tax relief for house builders in part exchange transactions.
LBTT3012 – Part Exchange Relief
This page provides guidance on Land and Buildings Transaction Tax (LBTT) relief for house building companies involved in part exchange transactions. The relief applies when a company buys a home from a person purchasing a new home.
- Explains the conditions under which part exchange relief can be claimed.
- Details the eligibility criteria for house building companies.
- Describes the process for applying for LBTT relief.
- Provides examples of transactions that qualify for relief.
Guidance on LBTT tax relief for house builders in part exchange transactions.
Original guidance here: Guidance on LBTT tax relief for house builders in part exchange transactions.
Guidance on LBTT tax relief for property traders buying homes from house builders.
LBTT3013 – Property Trader Purchase Relief
This page provides guidance on tax relief under the Land and Buildings Transaction Tax (LBTT) for property traders. It focuses on scenarios where a property trader purchases a home from an individual who is acquiring a new home from a house building company.
- Explains the conditions under which tax relief is applicable.
- Outlines the process for claiming the relief.
- Details the eligibility criteria for property traders.
- Provides examples to illustrate the application of the relief.
Guidance on LBTT tax relief for property traders buying homes from house builders.
Original guidance here: Guidance on LBTT tax relief for property traders buying homes from house builders.
Guidance on LBTT relief for property traders preventing transaction chain breakdowns.
LBTT Relief for Property Traders
This page provides guidance on Land and Buildings Transaction Tax (LBTT) relief available when a property trader purchases a home to prevent a chain of transactions from collapsing. The relief aims to facilitate smoother property transactions and minimise disruptions.
- Applicable to property traders involved in residential transactions.
- Designed to prevent transaction chains from breaking down.
- Part of LBTT legislation and guidance.
- Ensures continuity in property sales and purchases.
Guidance on LBTT relief for property traders preventing transaction chain breakdowns.
Original guidance here: Guidance on LBTT relief for property traders preventing transaction chain breakdowns.
Guide to Multiple Dwellings Relief under Land and Buildings Transaction Tax.
Multiple Dwellings Relief Technical Guidance
This page offers detailed guidance on the Multiple Dwellings Relief (MDR) under the Land and Buildings Transaction Tax (LBTT) in Scotland. It explains how MDR can reduce the tax liability when purchasing multiple residential properties.
- Definition and purpose of Multiple Dwellings Relief.
- Eligibility criteria for claiming MDR.
- Calculation methods for MDR.
- Examples illustrating MDR applications.
- Compliance and documentation requirements.
Guide to Multiple Dwellings Relief under Land and Buildings Transaction Tax.
Original guidance here: Guide to Multiple Dwellings Relief under Land and Buildings Transaction Tax.
LBTT Relief for Registered Social Landlords: Tax Benefits for Certain Property Acquisitions
LBTT Relief for Registered Social Landlords
This page provides guidance on Land and Buildings Transaction Tax (LBTT) relief available for registered social landlords in Scotland. It outlines the conditions under which these landlords can claim tax relief on certain property acquisitions.
- Explains LBTT relief eligibility for registered social landlords.
- Details the public subsidy requirements for claiming relief.
- Provides reference to specific legislation and guidance documents like LBTT3016.
- Includes links to further resources and official documentation.
LBTT Relief for Registered Social Landlords: Tax Benefits for Certain Property Acquisitions
Original guidance here: LBTT Relief for Registered Social Landlords: Tax Benefits for Certain Property Acquisitions
LBTT Guidance on Tax Relief for Alternative Property Finance Arrangements
Alternative Property Finance Relief
This section provides an overview of the Land and Buildings Transaction Tax (LBTT) guidance regarding tax relief for alternative property finance arrangements. It focuses on the principles and concepts of tax relief applicable when such financial arrangements are used to acquire a chargeable interest.
- Explains the concept of alternative property finance.
- Details the conditions under which tax relief is applicable.
- Discusses the role of financial institutions in these arrangements.
- References LBTT3017 for further legislative guidance.
LBTT Guidance on Tax Relief for Alternative Property Finance Arrangements
Original guidance here: LBTT Guidance on Tax Relief for Alternative Property Finance Arrangements
LBTT Guidance on Tax Relief for Alternative Property Finance Involving Leases
Alternative Property Finance Relief
This section provides guidance on tax relief for alternative property finance arrangements under the Land and Buildings Transaction Tax (LBTT). It focuses on scenarios where property acquisition is financed through leasing or sub-leasing.
- Explains tax relief for alternative property finance.
- Covers lease and sub-lease arrangements.
- Relevant to LBTT legislation and guidance.
- Useful for understanding exemptions and reliefs.
- Applicable to property acquisition financing methods.
LBTT Guidance on Tax Relief for Alternative Property Finance Involving Leases
Original guidance here: LBTT Guidance on Tax Relief for Alternative Property Finance Involving Leases
Guidance on LBTT tax relief for joint property purchases with financial institutions.
Alternative Property Finance Relief
This page provides guidance on Land and Buildings Transaction Tax (LBTT) relief for situations where a financial institution and an individual purchase a property as owners in common, and the individual is granted exclusive occupation. The principles and concepts covered include:
- Understanding the criteria for alternative property finance relief.
- Explaining the role of financial institutions in property transactions.
- Clarifying the rights of individuals in common ownership scenarios.
- Outlining the tax implications and relief eligibility.
Guidance on LBTT tax relief for joint property purchases with financial institutions.
Original guidance here: Guidance on LBTT tax relief for joint property purchases with financial institutions.
Guidance on LBTT tax relief for property transactions involving financial institutions.
Alternative Property Finance Relief
This section provides guidance on Land and Buildings Transaction Tax (LBTT) relief available when a financial institution purchases and subsequently re-sells a property to a borrower. The principles and concepts include:
- Understanding the tax relief applicable to alternative property finance transactions.
- Details on how a property is initially sold to a financial institution.
- Explanation of the re-sale process to a person borrowing money.
- Clarification on the use of standard security in these transactions.
Guidance on LBTT tax relief for property transactions involving financial institutions.
Original guidance here: Guidance on LBTT tax relief for property transactions involving financial institutions.
Guidance on LBTT tax relief for alternative finance investment bonds in Scotland.
LBTT Relief for Alternative Finance Investment Bonds
This page provides guidance on the Land and Buildings Transaction Tax (LBTT) relief available for transactions funded through alternative finance investment bonds (AFIB). It outlines the principles and concepts related to this tax relief.
- Explains the eligibility criteria for LBTT relief on AFIB-funded transactions.
- Details the legislative framework governing these tax reliefs.
- Describes the process for claiming relief under LBTT3021.
- Highlights the benefits of using AFIB for land transactions.
Guidance on LBTT tax relief for alternative finance investment bonds in Scotland.
Original guidance here: Guidance on LBTT tax relief for alternative finance investment bonds in Scotland.
LBTT Guidance on Relief for Substituted Alternative Finance Investment Bonds
LBTT3022 – Alternative Finance Investment Bond Relief
This section provides guidance on the Land and Buildings Transaction Tax (LBTT) relief applicable to alternative finance investment bonds (AFIB) when a bond asset is substituted. It explains the principles and conditions under which the relief is granted.
- Focuses on AFIB and related tax relief.
- Details the process of substituting one bond asset for another.
- Clarifies the conditions for obtaining LBTT relief.
- Relevant for financial institutions and investors dealing with AFIB.
LBTT Guidance on Relief for Substituted Alternative Finance Investment Bonds
Original guidance here: LBTT Guidance on Relief for Substituted Alternative Finance Investment Bonds
Guidance on LBTT relief unavailability for alternative finance bonds acquiring asset control.
LBTT3023 – Alternative Finance Investment Bonds Relief Unavailability
This section provides guidance on when relief for alternative finance investment bonds (AFIB) is not applicable under the Land and Buildings Transaction Tax (LBTT) framework. It focuses on scenarios where the bond-holder gains control over the underlying asset.
- Explains the principles of AFIB relief under LBTT.
- Details circumstances where relief is not granted.
- Focuses on bond-holder control over assets.
- Relevant for stakeholders in finance and taxation sectors.
Guidance on LBTT relief unavailability for alternative finance bonds acquiring asset control.
Original guidance here: Guidance on LBTT relief unavailability for alternative finance bonds acquiring asset control.
Guidance on Tax Relief for Crofting Community Right to Buy Purchases
LBTT3024 – Crofting Community Right to Buy
This page provides guidance on tax relief for purchases made by a crofting community under the ‘crofting community right to buy’ scheme. It covers the principles and concepts related to Land and Buildings Transaction Tax (LBTT) exemptions and reliefs.
- Explains the ‘crofting community right to buy’ initiative.
- Details tax relief eligibility for crofting communities.
- Outlines the application process for obtaining LBTT relief.
- Provides legal references and guidance notes.
Guidance on Tax Relief for Crofting Community Right to Buy Purchases
Original guidance here: Guidance on Tax Relief for Crofting Community Right to Buy Purchases
Guidance on LBTT group relief for transactions between affiliated companies.
LBTT Group Relief Principles
This section provides guidance on Land and Buildings Transaction Tax (LBTT) relief applicable when both the seller and buyer are companies within the same group. The main principles and concepts include:
- Group relief is available to companies that are part of the same corporate group.
- The relief aims to facilitate internal restructuring without incurring additional tax liabilities.
- Specific conditions must be met to qualify for the relief.
- LBTT3025 details the legislative framework governing this tax relief.
Guidance on LBTT group relief for transactions between affiliated companies.
Original guidance here: Guidance on LBTT group relief for transactions between affiliated companies.
Guidance on Withdrawal of Group Relief for Land and Buildings Transaction Tax
Withdrawal of Group Relief
This section provides guidance on the circumstances under which group relief for Land and Buildings Transaction Tax (LBTT) is withdrawn. It is essential for companies and corporate bodies to understand these principles to ensure compliance.
- Group relief may be withdrawn if certain conditions are not met.
- Applicable to companies and other corporate entities.
- Understanding withdrawal conditions helps in tax planning and compliance.
- Relevant for transactions involving land and buildings in Scotland.
Guidance on Withdrawal of Group Relief for Land and Buildings Transaction Tax
Original guidance here: Guidance on Withdrawal of Group Relief for Land and Buildings Transaction Tax
Guidance on LBTT Group Relief: Situations Where Relief Isn’t Withdrawn
Principles of Non-Withdrawal of Group Relief
This section provides guidance on the circumstances under which group relief for Land and Buildings Transaction Tax (LBTT) is not withdrawn. It outlines specific conditions and principles that companies must meet to retain this relief.
- Group relief is applicable to transactions involving companies or bodies corporate.
- Relief is not withdrawn if certain criteria are maintained post-transaction.
- Understanding these principles helps in compliance with LBTT regulations.
- Guidance is crucial for companies to avoid unexpected tax liabilities.
Guidance on LBTT Group Relief: Situations Where Relief Isn’t Withdrawn
Original guidance here: Guidance on LBTT Group Relief: Situations Where Relief Isn’t Withdrawn
Guidance on Recovering Group Relief for Withdrawn or Partially Withdrawn LBTT Benefits
Principles and Concepts of LBTT Group Relief Recovery
This section provides guidance on the recovery of group relief under the Land and Buildings Transaction Tax (LBTT) when such relief has been withdrawn or partially withdrawn. It outlines the principles and processes involved in this recovery.
- Explains the conditions under which group relief may be withdrawn.
- Details the steps required for recovering withdrawn relief.
- Addresses the implications for companies and bodies corporate.
- Provides legal references and documentation requirements.
Guidance on Recovering Group Relief for Withdrawn or Partially Withdrawn LBTT Benefits
Original guidance here: Guidance on Recovering Group Relief for Withdrawn or Partially Withdrawn LBTT Benefits
Guide to LBTT Reconstruction and Acquisition Reliefs by Revenue Scotland
Overview of LBTT Guidance on Reconstruction and Acquisition Relief
This page provides detailed guidance on the principles and application of reconstruction relief and acquisition relief under the Land and Buildings Transaction Tax (LBTT) framework in Scotland.
- Reconstruction relief applies to certain property transactions involving company reorganisations.
- Acquisition relief is available for property acquisitions involving group companies.
- Both reliefs aim to minimise tax liabilities during specific corporate transactions.
- Eligibility criteria and application processes are outlined for taxpayers.
Guide to LBTT Reconstruction and Acquisition Reliefs by Revenue Scotland
Original guidance here: Guide to LBTT Reconstruction and Acquisition Reliefs by Revenue Scotland
Guidance on LBTT Reconstruction Relief for Company Acquisitions in Scotland
Learn about tax relief available when a company acquires another under a reconstruction scheme.
LBTT3030 – Reconstruction Relief
This page provides guidance on Land and Buildings Transaction Tax (LBTT) reconstruction relief, applicable when a company acquires an undertaking from another company. Key principles and concepts include:
- Reconstruction relief applies to company acquisitions under a scheme of reconstruction.
- It offers tax relief on transactions involving the transfer of undertakings.
- The relief is part of the broader LBTT framework in Scotland.
- It aims to facilitate corporate restructuring by reducing tax burdens.
Guidance on LBTT Reconstruction Relief for Company Acquisitions in Scotland
Learn about tax relief available when a company acquires another under a reconstruction scheme.
Original guidance here: Guidance on LBTT Reconstruction Relief for Company Acquisitions in Scotland
Learn about tax relief available when a company acquires another under a reconstruction scheme.
Guidance on LBTT acquisition relief for company undertakings involving land or buildings transfers.
Acquisition Relief under LBTT
This page provides guidance on acquisition relief related to Land and Buildings Transaction Tax (LBTT) in Scotland. It explains the conditions under which tax relief is applicable when land or buildings are transferred during the acquisition of a company’s undertaking.
- Acquisition relief applies to specific transactions involving land or buildings.
- The relief is part of the LBTT framework in Scotland.
- It is relevant for company undertakings involving property transfers.
- Guidance is provided by Revenue Scotland.
Guidance on LBTT acquisition relief for company undertakings involving land or buildings transfers.
Original guidance here: Guidance on LBTT acquisition relief for company undertakings involving land or buildings transfers.
Guidance on Withdrawal of Reconstruction or Acquisition Relief for LBTT Transactions
Withdrawal of Reconstruction or Acquisition Relief
This page provides guidance on the conditions under which reconstruction or acquisition relief, associated with the Land and Buildings Transaction Tax (LBTT), can be withdrawn or partially withdrawn. It outlines the principles and concepts related to these tax reliefs.
- Explains the circumstances leading to the withdrawal of relief.
- Details the process for partial withdrawal.
- Clarifies the implications for taxpayers.
- Provides legal references and guidance for compliance.
Guidance on Withdrawal of Reconstruction or Acquisition Relief for LBTT Transactions
Original guidance here: Guidance on Withdrawal of Reconstruction or Acquisition Relief for LBTT Transactions
Guidance on LBTT relief recovery when reconstruction or acquisition relief is withdrawn.
Recovery of Reconstruction or Acquisition Relief
This section provides guidance on the rules for recovering reconstruction or acquisition relief under the Land and Buildings Transaction Tax (LBTT) when such relief is withdrawn or partially withdrawn. Key principles include:
- Understanding the conditions under which relief may be withdrawn.
- Procedures for recovering relief once it has been withdrawn.
- Implications of partial withdrawal of relief.
- Compliance requirements for taxpayers seeking recovery of relief.
Guidance on LBTT relief recovery when reconstruction or acquisition relief is withdrawn.
Original guidance here: Guidance on LBTT relief recovery when reconstruction or acquisition relief is withdrawn.
Guidance on LBTT tax relief for transferring interests to limited liability partnerships.
LBTT Relief for LLP Incorporation
This page provides guidance on Land and Buildings Transaction Tax (LBTT) relief applicable when a chargeable interest is transferred to a limited liability partnership (LLP) during its incorporation. It outlines the conditions under which this tax relief can be claimed, ensuring compliance with relevant legislation.
- Explains LBTT relief for LLP incorporation.
- Details conditions for claiming tax relief.
- Focuses on transfer of chargeable interest.
- Ensures compliance with tax legislation.
Guidance on LBTT tax relief for transferring interests to limited liability partnerships.
Original guidance here: Guidance on LBTT tax relief for transferring interests to limited liability partnerships.
Guidance on LBTT tax relief for charities in land transactions.
Charities Relief under LBTT
This page provides guidance on Land and Buildings Transaction Tax (LBTT) relief available to charities in Scotland. It outlines the conditions under which a charity can qualify for tax relief when involved in land transactions.
- Explains the eligibility criteria for charities seeking LBTT relief.
- Details the specific conditions that must be met for the relief to apply.
- Clarifies the types of transactions that are covered under this relief.
- Provides links to relevant legislation and further guidance.
Guidance on LBTT tax relief for charities in land transactions.
Original guidance here: Guidance on LBTT tax relief for charities in land transactions.
Guidance on LBTT tax relief for land transactions involving friendly societies in Scotland.
LBTT3036 – Friendly Societies Relief
This section provides guidance on tax relief for land transactions involving friendly societies under the Land and Buildings Transaction Tax (LBTT) in Scotland. It explains the principles and conditions under which such relief is applicable.
- Guidance on LBTT relief for friendly societies.
- Conditions for tax relief eligibility.
- Applicable to specific land transactions.
- Ensures compliance with Scottish tax regulations.
- Facilitates understanding of tax relief benefits.
Guidance on LBTT tax relief for land transactions involving friendly societies in Scotland.
Original guidance here: Guidance on LBTT tax relief for land transactions involving friendly societies in Scotland.
LBTT Tax Relief Guidance for Building Societies’ Land Transactions in Scotland
LBTT3037 – Building Societies Relief
This page provides guidance on tax relief for land transactions involving building societies under the Land and Buildings Transaction Tax (LBTT) in Scotland. It outlines specific conditions where relief is applicable.
- Explains the criteria for tax relief eligibility.
- Details the process for claiming relief.
- Highlights situations where building societies can benefit from LBTT relief.
- Provides links to related legislation and guidance documents.
LBTT Tax Relief Guidance for Building Societies’ Land Transactions in Scotland
Original guidance here: LBTT Tax Relief Guidance for Building Societies’ Land Transactions in Scotland
Relief for Local Authorities on LBTT for Compulsory Purchase Acquisitions
Relief for Local Authorities on Certain Acquisitions
This page provides guidance on relief from Land and Buildings Transaction Tax (LBTT) and the Additional Dwelling Supplement (ADS) for specific acquisitions by Local Authorities. The relief applies to land transactions where a Local Authority is the buyer, including compulsory purchases.
- Relief is applicable to Local Authorities.
- Includes compulsory purchase orders.
- Exempts from LBTT and ADS.
- Guidance on eligibility and application process.
Relief for Local Authorities on LBTT for Compulsory Purchase Acquisitions
Original guidance here: Relief for Local Authorities on LBTT for Compulsory Purchase Acquisitions
Guidance on LBTT tax relief for developers meeting planning obligations for community amenities.
LBTT Relief for Planning Obligations
This page provides guidance on Land and Buildings Transaction Tax (LBTT) relief related to planning obligations. It outlines the conditions under which developers can claim tax relief when required to provide community amenities by a planning authority.
- Explains the concept of planning obligations and conditions.
- Details the eligibility criteria for claiming LBTT relief.
- Describes the role of planning authorities in imposing obligations.
- Highlights the importance of community amenities in development projects.
Guidance on LBTT tax relief for developers meeting planning obligations for community amenities.
Original guidance here: Guidance on LBTT tax relief for developers meeting planning obligations for community amenities.
Guidance on LBTT Tax Relief for Public Bodies During Statutory Reorganisation
LBTT3040 – Public Bodies Relief
This page provides guidance on Land and Buildings Transaction Tax (LBTT) relief applicable during statutory reorganisations involving public bodies. The relief is available when both the buyer and seller in a land transaction are public entities.
- Focuses on tax relief for land transactions due to statutory reorganisations.
- Applicable when both parties involved are public bodies.
- Guidance provided by Revenue Scotland.
- Relevant for understanding exemptions and reliefs under LBTT.
Guidance on LBTT Tax Relief for Public Bodies During Statutory Reorganisation
Original guidance here: Guidance on LBTT Tax Relief for Public Bodies During Statutory Reorganisation
Guidance on LBTT tax relief for visiting forces and international military headquarters.
LBTT Relief for Visiting Forces and International Military Headquarters
This page provides guidance on Land and Buildings Transaction Tax (LBTT) relief applicable to certain land transactions involving visiting forces or international military headquarters. The principles and concepts covered include:
- Eligibility criteria for tax relief in specific situations.
- Definitions of visiting forces and international military headquarters.
- Procedures for claiming LBTT relief.
- Relevant legislation and guidance documents.
- Examples of transactions that may qualify for relief.
Guidance on LBTT tax relief for visiting forces and international military headquarters.
Original guidance here: Guidance on LBTT tax relief for visiting forces and international military headquarters.
Guidance on LBTT tax relief for property transactions satisfying tax obligations.
LBTT Relief for Property Accepted in Satisfaction of Tax
This page provides guidance on Land and Buildings Transaction Tax (LBTT) relief applicable when property is accepted in satisfaction of tax obligations. It explains the principles and concepts involved in such transactions.
- Details the conditions under which property can be accepted as tax satisfaction.
- Explains the process for claiming LBTT relief in these cases.
- Outlines the legal framework supporting this tax relief.
- Provides examples of eligible transactions.
Guidance on LBTT tax relief for property transactions satisfying tax obligations.
Original guidance here: Guidance on LBTT tax relief for property transactions satisfying tax obligations.
LBTT Guidance on Tax Relief for Lighthouse Land Transactions in Scotland
LBTT3043 – Lighthouses Relief Guidance
This page provides guidance on tax relief for land transactions involving lighthouses under the Land and Buildings Transaction Tax (LBTT) in Scotland.
- Explains the specific conditions under which lighthouse-related transactions qualify for tax relief.
- Details the legislative framework governing these exemptions and reliefs.
- Offers insights into the application process for claiming lighthouse relief.
- Includes references to relevant legal documents and guidance notes.
LBTT Guidance on Tax Relief for Lighthouse Land Transactions in Scotland
Original guidance here: LBTT Guidance on Tax Relief for Lighthouse Land Transactions in Scotland
Guidance on LBTT tax relief for sub-sale development transactions in Scotland.
LBTT Sub-sale Development Relief
This page provides guidance on Land and Buildings Transaction Tax (LBTT) relief for first buyers involved in sub-sale arrangements with significant development prospects. It outlines the principles and criteria for obtaining tax relief.
- Focuses on sub-sale development scenarios.
- Explains eligibility for LBTT relief.
- Details conditions for significant development prospects.
- Provides legal references and guidance notes.
- Targets first buyers in land transactions.
Guidance on LBTT tax relief for sub-sale development transactions in Scotland.
Original guidance here: Guidance on LBTT tax relief for sub-sale development transactions in Scotland.
Guide to LBTT Relief for Open-ended Investment Companies in Scotland
Open-ended Investment Companies (OEICs) Relief
This page provides information on the relief available for Open-ended Investment Companies (OEICs) under the Land and Buildings Transaction Tax (LBTT) in Scotland, as per the 2015 regulations. It outlines the legislative framework and definitions relevant to OEICs.
- Relief is granted by the LBTT (Open-ended Investment Companies) (Scotland) Regulations 2015.
- Regulations are based on powers from section 46 of the LBTT(S) Act 2013.
- OEICs are defined in Section 236 of the Financial Services and Markets Act 2000.
Guide to LBTT Relief for Open-ended Investment Companies in Scotland
Original guidance here: Guide to LBTT Relief for Open-ended Investment Companies in Scotland
Understanding Land Transactions: Chargeable and Exempt Interests Explained for LBTT Guidance
Understanding Land Transactions
This section provides guidance on defining a land transaction under the Land and Buildings Transaction Tax (LBTT) framework. It explains key concepts such as chargeable interest and exempt interest, which are crucial for determining tax liabilities.
- Land Transaction: A legal agreement involving the transfer of land or property.
- Chargeable Interest: Interests in land that are subject to LBTT.
- Exempt Interest: Interests that are not liable for LBTT.
Understanding Land Transactions: Chargeable and Exempt Interests Explained for LBTT Guidance
Original guidance here: Understanding Land Transactions: Chargeable and Exempt Interests Explained for LBTT Guidance
Understanding the Effective Date in Land and Buildings Transaction Tax Guidance
Understanding the Effective Date in LBTT
This page provides guidance on the definition of the effective date in a typical land transaction for Land and Buildings Transaction Tax (LBTT) purposes. It explains the principles and concepts surrounding the determination of this date.
- The effective date is crucial for LBTT calculations.
- It typically coincides with the completion or settlement date.
- Understanding this date helps ensure compliance with LBTT regulations.
- Guidance is provided by Revenue Scotland.
Understanding the Effective Date in Land and Buildings Transaction Tax Guidance
Original guidance here: Understanding the Effective Date in Land and Buildings Transaction Tax Guidance
LBTT Guidance on Contracts and Conveyance: Rules on Substantial Performance and Completion
LBTT Guidance on Contracts and Conveyance
This section provides guidance on the Land and Buildings Transaction Tax (LBTT) concerning contracts and conveyance. It explains key principles and concepts related to the substantial performance and completion of contracts.
- Understanding the rules of substantial performance in contracts.
- Clarification on when a contract is considered substantially performed.
- Guidance on the completion of contracts under LBTT regulations.
- Implications of substantial performance on tax obligations.
LBTT Guidance on Contracts and Conveyance: Rules on Substantial Performance and Completion
Original guidance here: LBTT Guidance on Contracts and Conveyance: Rules on Substantial Performance and Completion
Guidance on LBTT contracts involving third-party conveyance in land transactions.
Principles and Concepts of LBTT Contracts
This page provides guidance on Land and Buildings Transaction Tax (LBTT) concerning contracts that involve conveyance to a third party. It outlines the key principles and concepts related to such transactions.
- Explains the conditions under which a contract is considered substantially performed.
- Details the implications of substantial performance on LBTT liabilities.
- Clarifies the process of completion and its impact on tax obligations.
- Provides examples of scenarios involving third-party conveyance.
Guidance on LBTT contracts involving third-party conveyance in land transactions.
Original guidance here: Guidance on LBTT contracts involving third-party conveyance in land transactions.
LBTT Guidance on Options and Pre-emption Rights Explained by Revenue Scotland
LBTT Guidance on Options and Rights of Pre-emption
This page provides guidance on the Land and Buildings Transaction Tax (LBTT) concerning options and rights of pre-emption. It explains the principles and concepts related to these legal rights.
- Defines options and rights of pre-emption in property transactions.
- Discusses the effective date for tax purposes.
- Explains how these rights impact LBTT calculations.
- Provides legal context and implications for property buyers and sellers.
LBTT Guidance on Options and Pre-emption Rights Explained by Revenue Scotland
Original guidance here: LBTT Guidance on Options and Pre-emption Rights Explained by Revenue Scotland
Guide to Record Keeping for Land and Buildings Transaction Tax Compliance
Principles of Record Keeping for LBTT
This section introduces Chapter 9 of the LBTT legislation guidance, focusing on the importance of keeping and preserving records related to land transactions. It outlines the principles and concepts necessary for compliance with the Land and Buildings Transaction Tax (LBTT) requirements.
- Emphasises the necessity of maintaining accurate records for LBTT compliance.
- Details the types of records that should be preserved.
- Explains the duration for which records must be kept.
- Highlights the legal obligations associated with record keeping.
Guide to Record Keeping for Land and Buildings Transaction Tax Compliance
Original guidance here: Guide to Record Keeping for Land and Buildings Transaction Tax Compliance
Guidance on Record Keeping for Land and Buildings Transaction Tax Compliance
LBTT Record Keeping Guidance
This page provides guidance on the types of records that must be kept and preserved for land transactions under the Land and Buildings Transaction Tax (LBTT) regulations. It distinguishes between notifiable and non-notifiable transactions, ensuring compliance with LBTT requirements.
- Details the types of records required for LBTT compliance.
- Explains the distinction between notifiable and non-notifiable transactions.
- Emphasises the importance of record preservation for legal and tax purposes.
- Guides on maintaining accurate and complete records.
Guidance on Record Keeping for Land and Buildings Transaction Tax Compliance
Original guidance here: Guidance on Record Keeping for Land and Buildings Transaction Tax Compliance
Guidance on Record Retention for Land and Buildings Transaction Tax Compliance
Principles of Record Keeping for LBTT
This section provides guidance on the duration for which records related to Land and Buildings Transaction Tax (LBTT) should be maintained. It outlines the principles and concepts necessary for compliance with LBTT9002 regulations.
- Understand the specific time limits for retaining LBTT records.
- Learn the importance of preserving records for auditing purposes.
- Ensure compliance with legal requirements to avoid penalties.
- Familiarise with LBTT9003 guidelines for effective record management.
Guidance on Record Retention for Land and Buildings Transaction Tax Compliance
Original guidance here: Guidance on Record Retention for Land and Buildings Transaction Tax Compliance
Comprehensive Guidance on Lease Transactions and LBTT Legislation by Revenue Scotland
Lease Transactions Technical Guidance
This section provides detailed technical guidance on lease transactions as per the Land and Buildings Transaction Tax (LBTT) legislation in Scotland. It outlines the principles and concepts necessary for understanding and complying with the tax obligations related to lease agreements.
- Explanation of LBTT legislation for lease transactions.
- Guidance on calculating tax liabilities for leases.
- Information on compliance and reporting requirements.
- Clarification of key terms and definitions related to leases.
Comprehensive Guidance on Lease Transactions and LBTT Legislation by Revenue Scotland
Original guidance here: Comprehensive Guidance on Lease Transactions and LBTT Legislation by Revenue Scotland
Comprehensive Guide on Lease Transactions and LBTT Regulations by Revenue Scotland
Lease Transactions Technical Guidance
This section provides detailed guidance on lease transactions as they pertain to the Land and Buildings Transaction Tax (LBTT) in Scotland. It covers essential principles and concepts for understanding and complying with the LBTT regulations.
- Explanation of LBTT and its application to lease transactions.
- Guidance on calculating tax liabilities for leases.
- Clarification on lease variations and extensions.
- Details on reporting requirements and deadlines.
- Information on exemptions and reliefs available.
Comprehensive Guide on Lease Transactions and LBTT Regulations by Revenue Scotland
Original guidance here: Comprehensive Guide on Lease Transactions and LBTT Regulations by Revenue Scotland
Comprehensive Guide on Lease Transactions and LBTT Legislation by Revenue Scotland
Lease Transactions Technical Guidance
This section provides detailed guidance on lease transactions under the Land and Buildings Transaction Tax (LBTT) in Scotland. It covers essential principles and concepts to ensure compliance with LBTT legislation.
- Explains the calculation of tax liabilities for lease agreements.
- Details the process for submitting lease returns to Revenue Scotland.
- Outlines exemptions and reliefs available for specific lease transactions.
- Provides examples to illustrate complex scenarios.
Comprehensive Guide on Lease Transactions and LBTT Legislation by Revenue Scotland
Original guidance here: Comprehensive Guide on Lease Transactions and LBTT Legislation by Revenue Scotland
Guide to Determining Chargeable Consideration for Lease Transactions Under LBTT Regulations
Principles of Chargeable Consideration for Lease Transactions
This section provides guidance on determining the chargeable consideration for lease transactions under the Land and Buildings Transaction Tax (LBTT). It focuses on rent that is non-variable or certain, which the tenant agrees to pay throughout the lease term.
- The rent payable is considered chargeable consideration for LBTT.
- LBTT is calculated based on the actual rent payable each year.
- The guidance ensures compliance with LBTT regulations.
Guide to Determining Chargeable Consideration for Lease Transactions Under LBTT Regulations
Original guidance here: Guide to Determining Chargeable Consideration for Lease Transactions Under LBTT Regulations
LBTT Lease Notification Guidance: Determine Notifiability and Submit Returns
LBTT6006 – Notification
This section provides guidance on determining whether a lease transaction is notifiable under the Land and Buildings Transaction Tax (LBTT) regulations in Scotland. It also explains the requirements for submitting an LBTT return and paying the associated tax.
- Guidance on identifying notifiable lease transactions.
- Instructions for completing an LBTT return.
- Details on tax payment procedures.
- Links to additional resources on the Revenue Scotland website.
LBTT Lease Notification Guidance: Determine Notifiability and Submit Returns
Original guidance here: LBTT Lease Notification Guidance: Determine Notifiability and Submit Returns
Comprehensive Guidance on Lease Transactions and LBTT Legislation in Scotland
Lease Transactions Technical Guidance
This section provides detailed guidance on lease transactions under the Land and Buildings Transaction Tax (LBTT) in Scotland. It covers essential principles and concepts to ensure compliance with the legislation.
- Explanation of LBTT rules applicable to lease transactions.
- Guidance on calculating tax liabilities for leases.
- Information on lease reviews and variations.
- Clarification on exemptions and reliefs available.
- Procedures for submitting returns and making payments.
Comprehensive Guidance on Lease Transactions and LBTT Legislation in Scotland
Original guidance here: Comprehensive Guidance on Lease Transactions and LBTT Legislation in Scotland
Three-Yearly LBTT Review: Understanding Tax Changes for Lease Transactions in Scotland
Three-Yearly Review of Tax Chargeable
This section outlines the principles of the Land and Buildings Transaction Tax (LBTT) concerning lease transactions. It focuses on the requirement for tenants to review and submit a further LBTT return every three years.
- Leases can change over time through variations, extensions, and rent reviews.
- LBTT legislation requires a tax position review every three years.
- Tenants must submit a further LBTT return at each third anniversary.
- Additional LBTT may need to be paid or overpaid LBTT reclaimed.
Three-Yearly LBTT Review: Understanding Tax Changes for Lease Transactions in Scotland
Original guidance here: Three-Yearly LBTT Review: Understanding Tax Changes for Lease Transactions in Scotland
Comprehensive Guide to Lease Transactions and LBTT Legislation by Revenue Scotland
Lease Transactions Technical Guidance
This section provides detailed guidance on lease transactions as per the Land and Buildings Transaction Tax (LBTT) legislation in Scotland. It outlines the principles and concepts necessary for understanding and complying with LBTT requirements.
- Explanation of LBTT and its application to lease transactions.
- Guidance on calculating tax liabilities for leases.
- Information on lease variations and extensions.
- Details on reliefs and exemptions available under LBTT.
- Compliance requirements and filing procedures.
Comprehensive Guide to Lease Transactions and LBTT Legislation by Revenue Scotland
Original guidance here: Comprehensive Guide to Lease Transactions and LBTT Legislation by Revenue Scotland
Understanding Substantial Performance Rules in Lease Transactions Guidance by Revenue Scotland
Substantial Performance in Lease Transactions
This section provides guidance on the concept of substantial performance in lease transactions under the Land and Buildings Transaction Tax (LBTT) framework. It explains the rules and implications of substantial performance in the context of leases.
- Substantial performance occurs when a tenant takes possession or pays rent.
- It triggers tax liabilities before the formal lease completion.
- Understanding these rules helps in compliance with LBTT regulations.
- Guidance is crucial for landlords and tenants to avoid penalties.
Understanding Substantial Performance Rules in Lease Transactions Guidance by Revenue Scotland
Original guidance here: Understanding Substantial Performance Rules in Lease Transactions Guidance by Revenue Scotland
Understanding Substantial Performance Rules in Lease Transactions Guidance
Substantial Performance in Lease Transactions
This section provides guidance on the concept of substantial performance in the context of lease transactions under the Land and Buildings Transaction Tax (LBTT) legislation in Scotland. It outlines the rules and principles that determine when a lease is considered substantially performed.
- Defines substantial performance in lease agreements.
- Explains the criteria for determining substantial performance.
- Discusses the implications of substantial performance on tax liabilities.
- Provides examples to illustrate key concepts.
Understanding Substantial Performance Rules in Lease Transactions Guidance
Original guidance here: Understanding Substantial Performance Rules in Lease Transactions Guidance
Understanding Substantial Performance Rules in Lease Transactions Guidance by Revenue Scotland
Substantial Performance in Lease Transactions
This section provides guidance on the concept of substantial performance in lease transactions under the Land and Buildings Transaction Tax (LBTT) framework. It outlines the rules and principles that determine when a lease is considered substantially performed.
- Substantial performance occurs when a tenant takes possession or pays rent.
- Triggers tax liability under LBTT regulations.
- Important for understanding lease commencement and tax obligations.
- Guidance helps ensure compliance with Scottish tax laws.
Understanding Substantial Performance Rules in Lease Transactions Guidance by Revenue Scotland
Original guidance here: Understanding Substantial Performance Rules in Lease Transactions Guidance by Revenue Scotland
Understanding Lease Variations and Chargeable Events Under Scots Law Guidance
Principles and Concepts of Lease Variations under Scots Law
The page discusses the treatment of lease variations under Scots law, as per LBTT(S)A 2013 Schedule 19, Paragraph 29. It highlights how lease variations are generally not considered new leases but are captured in the 3-yearly review return. However, specific variations are treated as acquisitions of a chargeable interest.
- Lease variations are not typically new leases.
- 3-yearly review captures rent-related variations.
- Three types of variations are treated as chargeable acquisitions.
Understanding Lease Variations and Chargeable Events Under Scots Law Guidance
Original guidance here: Understanding Lease Variations and Chargeable Events Under Scots Law Guidance
LBTT Lease Notification Guidance: Determine Notifiability and Return Requirements
LBTT6006 – Notification
This section provides guidance on whether a lease transaction is notifiable and if an LBTT return is necessary. It also offers instructions on completing an LBTT return and paying the tax.
- Determines if a lease transaction requires notification.
- Explains the necessity of submitting an LBTT return.
- Provides guidance on completing an LBTT return.
- Includes information on paying the associated tax.
- Offers additional resources on the Revenue Scotland website.
LBTT Lease Notification Guidance: Determine Notifiability and Return Requirements
Original guidance here: LBTT Lease Notification Guidance: Determine Notifiability and Return Requirements
Guide on Effective and Relevant Lease Dates by Revenue Scotland
Effective and Relevant Dates for a Lease
This section provides guidance on determining effective and relevant dates for leases under the Land and Buildings Transaction Tax (LBTT) in Scotland. It outlines key principles and concepts essential for compliance.
- Understanding the significance of lease dates in tax calculations.
- Guidance on three-yearly lease reviews and their implications.
- Clarification on the terms ‘effective date’ and ‘relevant date’.
- Examples of how these dates impact tax liabilities.
Guide on Effective and Relevant Lease Dates by Revenue Scotland
Original guidance here: Guide on Effective and Relevant Lease Dates by Revenue Scotland
Guidance on LBTT for Land Exchanges in Scotland
LBTT Guidance on Land Exchanges
This page provides detailed guidance on the Land and Buildings Transaction Tax (LBTT) as it relates to exchanges of major interests in land. It outlines the principles and concepts involved in these transactions.
- Explanation of LBTT rules for land exchanges.
- Details on how exchanges of major interests are taxed.
- Guidance on compliance with LBTT regulations.
- Information on specific scenarios and examples.
Guidance on LBTT for Land Exchanges in Scotland
Original guidance here: Guidance on LBTT for Land Exchanges in Scotland
LBTT Guidance for Unit Trust Schemes Explained by Revenue Scotland
LBTT Guidance on Unit Trust Schemes
This webpage provides guidance on Land and Buildings Transaction Tax (LBTT) as it relates to unit trust schemes. It outlines the rules and principles governing these financial structures under Scottish tax legislation.
- Explanation of LBTT in the context of unit trust schemes.
- Details on specific rules applicable to unit trusts.
- Information on compliance with Scottish tax regulations.
- Guidance for transactions involving unit trusts.
LBTT Guidance for Unit Trust Schemes Explained by Revenue Scotland
Original guidance here: LBTT Guidance for Unit Trust Schemes Explained by Revenue Scotland
Guide to LBTT Chapter 7: Understanding Partnerships in Land Transactions
Introduction to Chapter 7 of the LBTT Legislation Guidance
This section provides an overview of Chapter 7 of the Land and Buildings Transaction Tax (LBTT) legislation, focusing on partnerships. It outlines key principles and concepts related to the taxation of partnerships under LBTT.
- Explains the application of LBTT to partnerships.
- Discusses specific provisions and exemptions available.
- Details the calculation methods for partnership transactions.
- Highlights compliance requirements for partnerships under LBTT.
Guide to LBTT Chapter 7: Understanding Partnerships in Land Transactions
Original guidance here: Guide to LBTT Chapter 7: Understanding Partnerships in Land Transactions
Understanding LBTT: Partnership Property, Shares, and Chargeable Interest Transfers
LBTT Interpretation Guidance
This section provides guidance on the interpretation of terms related to Land and Buildings Transaction Tax (LBTT) as outlined in Chapter 7. It covers key concepts and definitions crucial for understanding LBTT regulations.
- Definition of partnership property and partnership share.
- Explanation of transfers of chargeable interest.
- Clarification on connected persons and their implications.
- Details on arrangements within the context of LBTT.
Understanding LBTT: Partnership Property, Shares, and Chargeable Interest Transfers
Original guidance here: Understanding LBTT: Partnership Property, Shares, and Chargeable Interest Transfers
Guidance on LBTT for Ordinary Partnership Transactions in Scotland
LBTT Guidance on Ordinary Partnership Transactions
This section provides guidance on Land and Buildings Transaction Tax (LBTT) as it applies to ordinary partnership transactions. It covers key principles and responsibilities for representative partners.
- Explains the role and liability of representative partners in LBTT transactions.
- Details the tax implications for ordinary partnerships under LBTT legislation.
- Provides clarity on compliance requirements for partnerships engaging in property transactions.
- Offers insights into LBTT7004, a specific guidance document for partnerships.
Guidance on LBTT for Ordinary Partnership Transactions in Scotland
Original guidance here: Guidance on LBTT for Ordinary Partnership Transactions in Scotland
LBTT Guidance: Transferring Chargeable Interests to Partnerships in Scotland
LBTT Guidance on Partnership Transfers
This page provides guidance on the Land and Buildings Transaction Tax (LBTT) related to transferring a chargeable interest to a partnership. It outlines the principles and concepts for determining the chargeable consideration in such transactions.
- Explains the concept of chargeable interest in partnerships.
- Details the calculation of chargeable consideration.
- Provides legal references and guidelines.
- Offers insights into LBTT legislation and its application.
LBTT Guidance: Transferring Chargeable Interests to Partnerships in Scotland
Original guidance here: LBTT Guidance: Transferring Chargeable Interests to Partnerships in Scotland
Guidance on Partnership Interest Transfer Under Land and Buildings Transaction Tax
Transfer of Partnership Interest and LBTT
This page provides guidance on the Land and Buildings Transaction Tax (LBTT) concerning the transfer of a partnership interest when arrangements were in place at the time of a land transfer.
- Explains the implications of LBTT on partnership interest transfers.
- Details the specific conditions under which these transfers occur.
- Clarifies the legal framework governing such transactions.
- Offers insight into the tax obligations for partnerships.
Guidance on Partnership Interest Transfer Under Land and Buildings Transaction Tax
Original guidance here: Guidance on Partnership Interest Transfer Under Land and Buildings Transaction Tax
Guidance on LBTT for transferring interests from partnerships to partners or connected individuals.
Principles of LBTT Transfer from Partnership
This page provides guidance on the Land and Buildings Transaction Tax (LBTT) related to transferring a chargeable interest from a partnership to a partner or a connected person. Key principles include:
- Understanding the definition of a chargeable interest in the context of partnerships.
- Clarifying the tax implications for partners and connected persons.
- Explaining the conditions under which such transfers are taxable.
- Providing examples to illustrate the application of these rules.
Guidance on LBTT for transferring interests from partnerships to partners or connected individuals.
Original guidance here: Guidance on LBTT for transferring interests from partnerships to partners or connected individuals.
Guidance on LBTT for Transferring Chargeable Interests Between Partnerships
LBTT Guidance on Chargeable Interest Transfer Between Partnerships
This page provides guidance on the Land and Buildings Transaction Tax (LBTT) concerning the transfer of chargeable interests between partnerships. It outlines the principles and concepts involved in such transactions.
- Explains the definition of chargeable interest in the context of partnerships.
- Details the tax implications for transferring interests between partnerships.
- Provides examples of how these transactions are assessed under LBTT regulations.
- Offers guidance on compliance and reporting requirements.
Guidance on LBTT for Transferring Chargeable Interests Between Partnerships
Original guidance here: Guidance on LBTT for Transferring Chargeable Interests Between Partnerships
Guidance on Land and Buildings Transaction Tax for Property Investment Partnerships
LBTT Guidance on Property Investment Partnerships
This section provides guidance on Land and Buildings Transaction Tax (LBTT) as it applies to property investment partnerships (PIPs) in Scotland. It covers key principles and concepts relevant to taxation within these partnerships.
- Explanation of LBTT regulations for property investment partnerships.
- Details on how LBTT7011 applies to partnerships.
- Guidance on tax implications for property transactions within partnerships.
- Clarification of terms and conditions specific to PIPs.
Guidance on Land and Buildings Transaction Tax for Property Investment Partnerships
Original guidance here: Guidance on Land and Buildings Transaction Tax for Property Investment Partnerships
Guidance on Notifiable Land Transactions for LBTT Compliance in Scotland
LBTT Notifiable Transactions Guidance
This page provides guidance on which land transactions are notifiable for Land and Buildings Transaction Tax (LBTT) purposes, excluding certain lease transactions. It outlines the principles and concepts related to notifiable transactions under LBTT regulations.
- Explains the criteria for a transaction to be considered notifiable.
- Details the process for submitting LBTT returns.
- Clarifies exceptions for specific lease transactions.
- Offers insights into LBTT legislation and compliance.
Guidance on Notifiable Land Transactions for LBTT Compliance in Scotland
Original guidance here: Guidance on Notifiable Land Transactions for LBTT Compliance in Scotland
Guidance on LBTT Return Obligations and Situations Requiring Additional Submissions
LBTT Return Guidance
This page provides guidance on the rules for making a Land and Buildings Transaction Tax (LBTT) return. It includes an overview of situations that may necessitate submitting an additional LBTT return.
- Explanation of LBTT return requirements.
- Overview of circumstances requiring further returns.
- Guidance on compliance with LBTT regulations.
- Information on the process of submitting returns.
- Clarification of legal obligations under LBTT legislation.
Guidance on LBTT Return Obligations and Situations Requiring Additional Submissions
Original guidance here: Guidance on LBTT Return Obligations and Situations Requiring Additional Submissions
Guidance on LBTT tax payment liabilities for joint buyers, partners, and trustees.
LBTT Payment Liability Guidance
This section provides guidance on the rules for paying Land and Buildings Transaction Tax (LBTT) in Scotland. It covers the payment liabilities for various parties involved in property transactions, including joint buyers, partners, and trustees.
- Overview of LBTT payment responsibilities.
- Details on tax liabilities for joint buyers.
- Guidance for partners and partnerships.
- Information on trustee payment obligations.
Guidance on LBTT tax payment liabilities for joint buyers, partners, and trustees.
Original guidance here: Guidance on LBTT tax payment liabilities for joint buyers, partners, and trustees.
Guide to Amending Land and Buildings Transaction Tax Returns in Scotland
Amending an LBTT Return
This page provides guidance on how to amend a Land and Buildings Transaction Tax (LBTT) return in Scotland. It outlines the necessary steps and considerations for taxpayers who need to update their submitted LBTT returns.
- Explanation of when an amendment is required for an LBTT return.
- Details on the process to amend a submitted LBTT return.
- Information on deadlines and time limits for making amendments.
- Guidance on potential penalties or interest for late amendments.
Guide to Amending Land and Buildings Transaction Tax Returns in Scotland
Original guidance here: Guide to Amending Land and Buildings Transaction Tax Returns in Scotland
LBTT Return and Payment Required Before Title Registration in Scotland Guidance
LBTT Return and Title Registration
This page provides guidance on the relationship between submitting a Land and Buildings Transaction Tax (LBTT) return and the registration of title by the Keeper of the Registers of Scotland. It outlines the necessary steps and requirements for compliance.
- LBTT return must be completed before applying for title registration.
- Payment of the LBTT is required prior to registration.
- Ensures legal compliance with Scottish tax legislation.
- Facilitates smooth processing of property transactions.
LBTT Return and Payment Required Before Title Registration in Scotland Guidance
Original guidance here: LBTT Return and Payment Required Before Title Registration in Scotland Guidance
Guidance on Satisfactory LBTT Payment Arrangements for Revenue Scotland Compliance
Principles and Concepts of LBTT Payment Arrangements
This page provides guidance on making arrangements for the payment of Land and Buildings Transaction Tax (LBTT) that are satisfactory to Revenue Scotland. It outlines the necessary steps and considerations for taxpayers to ensure compliance.
- Understanding the requirements for satisfactory payment arrangements.
- Ensuring compliance with Revenue Scotland’s guidelines.
- Key considerations for taxpayers regarding LBTT payments.
- Importance of timely and accurate tax return submissions.
Guidance on Satisfactory LBTT Payment Arrangements for Revenue Scotland Compliance
Original guidance here: Guidance on Satisfactory LBTT Payment Arrangements for Revenue Scotland Compliance
Understanding Land and Buildings Transaction Tax for Residential Properties in Scotland
Land and Buildings Transaction Tax (LBTT) Overview
The page explains the Land and Buildings Transaction Tax (LBTT) applicable in Scotland for residential property purchases. LBTT is charged on increasing portions of the property price and is only applicable to properties over a certain value. The amount payable depends on several factors.
- The value of the property being purchased.
- The applicable tax bands and rates.
- Any exemptions or reliefs available.
- Additional charges for second homes or buy-to-let properties.
Understanding Land and Buildings Transaction Tax for Residential Properties in Scotland
Original guidance here: Understanding Land and Buildings Transaction Tax for Residential Properties in Scotland
Understanding Residential Property Transactions for Land and Buildings Tax Guidance
Residential Property Transactions
This section explains the criteria for a transaction to be classified as a residential property transaction under the Land and Buildings Transaction Tax (LBTT) guidelines.
- The main subject of the transaction must be an interest in land that is residential property.
- If the transaction is part of linked transactions, each must involve an interest in residential property.
- Residential property is defined within specific parameters outlined in the guidance.
Understanding Residential Property Transactions for Land and Buildings Tax Guidance
Original guidance here: Understanding Residential Property Transactions for Land and Buildings Tax Guidance
Guidance on LBTT for mixed-use properties, including residential and non-residential transactions.
Mixed Transactions and LBTT
This section discusses the application of Land and Buildings Transaction Tax (LBTT) on mixed-use properties, combining residential and non-residential elements.
- Mixed transactions, like a shop with a flat, are taxed using non-residential rates.
- Commercial use of land or buildings, such as bed and breakfasts, also incurs non-residential rates.
- Evidence of commercial use is required to apply the appropriate tax rates.
Guidance on LBTT for mixed-use properties, including residential and non-residential transactions.
Original guidance here: Guidance on LBTT for mixed-use properties, including residential and non-residential transactions.
Understanding Non-Residential Property Transactions: Guidance from Revenue Scotland on LBTT4012
Non-Residential Transactions
This section provides guidance on non-residential property transactions under the Land and Buildings Transaction Tax (LBTT) in Scotland. It defines non-residential property and outlines the criteria for classification.
- Non-residential property is any property not classified as residential.
- Refer to LBTT4010 for the definition of residential property.
- Criteria for non-residential classification are specified.
- Guidance is aimed at clarifying tax obligations for such properties.
Understanding Non-Residential Property Transactions: Guidance from Revenue Scotland on LBTT4012
Original guidance here: Understanding Non-Residential Property Transactions: Guidance from Revenue Scotland on LBTT4012
Understanding Non-Residential and Mixed Property for LBTT Transactions Guidance
Understanding Non-Residential Property for LBTT
This section provides guidance on the definition and treatment of non-residential and mixed properties under the Land and Buildings Transaction Tax (LBTT) in Scotland.
- Explains the criteria for classifying a property as non-residential.
- Details the implications for properties with mixed use.
- Offers insights into the tax treatment of linked transactions.
- Provides a comprehensive understanding of LBTT regulations.
Understanding Non-Residential and Mixed Property for LBTT Transactions Guidance
Original guidance here: Understanding Non-Residential and Mixed Property for LBTT Transactions Guidance
Guidance on Calculating Tax for Linked Transactions Under LBTT Regulations
Principles of Calculating Tax for Linked Transactions
This section provides guidance on calculating the Land and Buildings Transaction Tax (LBTT) for linked transactions. It explains the principles and concepts involved in determining the tax chargeable.
- Linked transactions refer to multiple property transactions that are connected.
- Understanding the total consideration for all linked transactions is crucial.
- Tax is calculated based on the cumulative value of these transactions.
- Proper assessment ensures accurate tax liability.
Guidance on Calculating Tax for Linked Transactions Under LBTT Regulations
Original guidance here: Guidance on Calculating Tax for Linked Transactions Under LBTT Regulations
Guidance on LBTT Returns for Linked Transactions in Scotland
LBTT Return Guidance for Linked Transactions
This page provides guidance on when a Land and Buildings Transaction Tax (LBTT) return, or a further LBTT return, is required due to linked transactions. It outlines the principles and concepts related to LBTT returns.
- Explains the necessity of LBTT returns for linked transactions.
- Details conditions under which a further LBTT return is needed.
- Clarifies the concept of linked transactions in the context of LBTT.
- Provides legal guidance as per LBTT4015.
Guidance on LBTT Returns for Linked Transactions in Scotland
Original guidance here: Guidance on LBTT Returns for Linked Transactions in Scotland
Guidance on Deferring LBTT Payment for Contingent or Uncertain Consideration
Application to Defer Payment of LBTT
This page provides guidance on the process for applying to defer the payment of Land and Buildings Transaction Tax (LBTT) in Scotland when the consideration is contingent or uncertain. It outlines the principles and conditions under which deferral is permitted.
- Explains the criteria for deferring LBTT payment.
- Details the application process for deferral.
- Clarifies what constitutes contingent or uncertain consideration.
- Provides legal references and guidance notes.
Guidance on Deferring LBTT Payment for Contingent or Uncertain Consideration
Original guidance here: Guidance on Deferring LBTT Payment for Contingent or Uncertain Consideration
Guidance on Deferring LBTT Payment for Contingent or Uncertain Considerations
Deferral of LBTT Payment Guidance
This page provides guidance on the process for applying to defer payment of the Land and Buildings Transaction Tax (LBTT) when the consideration is contingent or uncertain. It outlines the principles and concepts involved in the deferral application.
- Explains the conditions under which LBTT payment deferral is available.
- Details the application process for deferring tax payment.
- Clarifies the criteria for contingent or uncertain consideration.
- Provides links to relevant legislation and guidance documents.
Guidance on Deferring LBTT Payment for Contingent or Uncertain Considerations
Original guidance here: Guidance on Deferring LBTT Payment for Contingent or Uncertain Considerations
Guidance on Deferring Land and Buildings Transaction Tax Payments in Scotland
Principles of Deferring LBTT Payment
This section provides guidance on deferring Land and Buildings Transaction Tax (LBTT) payments when the consideration is contingent or uncertain. It outlines the necessary content for an application to defer tax payment.
- Details the requirements for submitting a deferral application.
- Explains scenarios where payment deferral is applicable.
- Clarifies the concept of contingent or uncertain consideration.
- Provides reference to the relevant legislation and guidance documents.
Guidance on Deferring Land and Buildings Transaction Tax Payments in Scotland
Original guidance here: Guidance on Deferring Land and Buildings Transaction Tax Payments in Scotland
Guidance on Deferring LBTT Payment for Contingent or Uncertain Consideration
Acceptance of Application for Deferral of Payment
This section provides guidance on the process following Revenue Scotland’s acceptance of an application to defer the payment of Land and Buildings Transaction Tax (LBTT) for contingent or uncertain consideration. It outlines the principles and procedures involved.
- Explanation of deferral application acceptance.
- Details on contingent or uncertain consideration.
- Guidance on subsequent steps post-acceptance.
- Relevant for taxpayers dealing with LBTT.
Guidance on Deferring LBTT Payment for Contingent or Uncertain Consideration
Original guidance here: Guidance on Deferring LBTT Payment for Contingent or Uncertain Consideration
Guidance on LBTT Deferral Application Refusals by Revenue Scotland
Refusal of Application for Deferral of LBTT Payment
This section provides guidance on when Revenue Scotland can refuse an application to defer Land and Buildings Transaction Tax (LBTT) payments due to contingent or uncertain considerations. It outlines the principles and procedures involved in the refusal process.
- Explanation of circumstances leading to refusal of deferral applications.
- Details on contingent or uncertain considerations affecting LBTT payments.
- Procedures followed by Revenue Scotland post-refusal.
- Guidance on compliance and potential outcomes after refusal.
Guidance on LBTT Deferral Application Refusals by Revenue Scotland
Original guidance here: Guidance on LBTT Deferral Application Refusals by Revenue Scotland
Guidance on LBTT returns when contingent considerations become certain, including submission requirements.
LBTT Return Guidance
This page provides guidance on submitting a further Land and Buildings Transaction Tax (LBTT) return when a contingent, uncertain, or unascertained consideration becomes known. It outlines the necessary steps and considerations for taxpayers.
- Explains when a further LBTT return is required.
- Details the process for ascertained considerations.
- Clarifies the implications of a contingency ceasing.
- Provides links to relevant legislation and forms.
Original guidance here: Guidance on LBTT returns when contingent considerations become certain, including submission requirements.
Guidance on Submitting Further LBTT Returns When Relief is Withdrawn
LBTT Guidance on Further Returns
This page provides guidance on submitting a further Land and Buildings Transaction Tax (LBTT) return when a relief is withdrawn. It outlines the necessary steps and considerations for taxpayers.
- Explains the process for submitting an additional LBTT return.
- Details the circumstances under which relief withdrawal occurs.
- Provides information on the implications of relief withdrawal.
- Guides on the documentation required for the further return.
Guidance on Submitting Further LBTT Returns When Relief is Withdrawn
Original guidance here: Guidance on Submitting Further LBTT Returns When Relief is Withdrawn
Understanding Trusts in LBTT Legislation: Guidance on Bare Trusts and Settlements
Introduction to Trusts in LBTT Legislation
This section introduces Chapter 8 of the Land and Buildings Transaction Tax (LBTT) legislation guidance, focusing on trusts. It covers the key principles and concepts related to bare trusts and settlements.
- Explanation of trusts within the context of LBTT.
- Details on bare trusts and their implications.
- Guidance on settlements and their treatment under LBTT.
- Relevant for understanding tax obligations related to property transactions involving trusts.
Understanding Trusts in LBTT Legislation: Guidance on Bare Trusts and Settlements
Original guidance here: Understanding Trusts in LBTT Legislation: Guidance on Bare Trusts and Settlements
LBTT Worked Examples: Comprehensive Guidance on Land and Buildings Transaction Tax
Worked Examples – LBTT
This section provides detailed examples of how Land and Buildings Transaction Tax (LBTT) is applied in Scotland. It aims to clarify the calculation and application of LBTT through practical scenarios.
- Illustrates the principles of LBTT with real-world examples.
- Explains the step-by-step calculation process for different property transactions.
- Offers guidance on specific cases such as residential and non-residential properties.
- Helps taxpayers understand their obligations under LBTT legislation.
LBTT Worked Examples: Comprehensive Guidance on Land and Buildings Transaction Tax
Original guidance here: LBTT Worked Examples: Comprehensive Guidance on Land and Buildings Transaction Tax
Revenue Scotland LBTT Guidance Updates and Online Portal Enhancements Explained
LBTT Updates Overview
This page provides information on the latest changes and updates to the Land and Buildings Transaction Tax (LBTT) guidance and the online portal (SETS) managed by Revenue Scotland. It also directs users to instructional videos available on the Revenue Scotland YouTube channel.
- Details on recent updates to LBTT guidance.
- Information about the SETS online portal enhancements.
- Access to instructional videos for guidance on the Revenue Scotland YouTube channel.
Revenue Scotland LBTT Guidance Updates and Online Portal Enhancements Explained
Original guidance here: Revenue Scotland LBTT Guidance Updates and Online Portal Enhancements Explained
Understanding Lease Rates and LBTT for Non-Residential Properties in Scotland
Lease Rates and Bands
This section explains the principles and concepts of Land and Buildings Transaction Tax (LBTT) for non-residential leases in Scotland. The tax is determined based on the rent and any other chargeable consideration, such as a lease premium.
- LBTT applies if rent exceeds the non-residential LBTT threshold.
- Tax rates and bands are applicable for transactions from 7 February 2020.
- Net Present Value (NPV) of rent payable determines the tax rate.
Understanding Lease Rates and LBTT for Non-Residential Properties in Scotland
Original guidance here: Understanding Lease Rates and LBTT for Non-Residential Properties in Scotland
Understanding Land and Buildings Transaction Tax for Residential Properties in Scotland
Land and Buildings Transaction Tax (LBTT) Overview
The page provides information about the Land and Buildings Transaction Tax (LBTT) applicable in Scotland for residential properties. This tax is levied on increasing portions of the property price and is only applicable to properties over a certain value. The amount payable depends on several factors:
- The purchase price of the property.
- The applicable tax bands and rates.
- Any exemptions or reliefs available.
- Whether the property is a primary residence or an additional property.
Understanding Land and Buildings Transaction Tax for Residential Properties in Scotland
Original guidance here: Understanding Land and Buildings Transaction Tax for Residential Properties in Scotland
Calculate LBTT for Lease Transactions Using Scottish Parliament Rates and Bands
LBTT on Lease Transactions Calculator
This page provides a calculator for determining the Land and Buildings Transaction Tax (LBTT) liability on lease transactions in Scotland. It is based on rates and bands approved by the Scottish Parliament, applicable from 1 April 2015 onwards.
- Calculates LBTT liability for lease transactions.
- Uses rates and bands set by the Scottish Parliament.
- Only applicable for transactions from 1 April 2015.
- Not suitable for transactions before this date.
Calculate LBTT for Lease Transactions Using Scottish Parliament Rates and Bands
Original guidance here: Calculate LBTT for Lease Transactions Using Scottish Parliament Rates and Bands
Guidance on LBTT Tax Relief for First-Time Home Buyers in Scotland
First-Time Buyer Relief Guidance
This section provides guidance on Land and Buildings Transaction Tax (LBTT) relief for first-time buyers in Scotland. It outlines the principles and conditions under which first-time buyers can claim tax relief when purchasing a dwelling.
- Eligibility criteria for first-time buyer relief.
- Details on how the relief reduces the amount of LBTT payable.
- Explanation of the application process for claiming the relief.
- Conditions that must be met to qualify for the relief.
Guidance on LBTT Tax Relief for First-Time Home Buyers in Scotland
Original guidance here: Guidance on LBTT Tax Relief for First-Time Home Buyers in Scotland
Guidance on LBTT and Works Impacting Chargeable Consideration in Land Transactions
Principles of Chargeable Consideration for Works
This section provides guidance on how the carrying out of works impacts the determination of chargeable consideration in land transactions under the Land and Buildings Transaction Tax (LBTT) in Scotland.
- Explains the concept of chargeable consideration in LBTT.
- Details how works carried out affect the calculation of this consideration.
- Guidance is based on LBTT legislation, specifically LBTT2004.
- Aims to clarify tax implications for property transactions involving works.
Guidance on LBTT and Works Impacting Chargeable Consideration in Land Transactions
Original guidance here: Guidance on LBTT and Works Impacting Chargeable Consideration in Land Transactions
Understanding Contingent and Uncertain Consideration in Land Transactions: LBTT Guidance
Principles of Contingent, Uncertain, or Unascertained Consideration
This page provides guidance on handling contingent, uncertain, or unascertained consideration in land transactions for Land and Buildings Transaction Tax (LBTT) purposes.
- Explains how to determine chargeable consideration when the amount is not fixed.
- Discusses the implications of contingent payments on LBTT calculations.
- Provides examples of scenarios with uncertain or unascertained consideration.
- Clarifies the legal framework under LBTT2005 for such transactions.
Understanding Contingent and Uncertain Consideration in Land Transactions: LBTT Guidance
Original guidance here: Understanding Contingent and Uncertain Consideration in Land Transactions: LBTT Guidance
Guidance on LBTT chargeable consideration for transactions with connected companies in Scotland.
Principles and Concepts of LBTT Deemed Market Value
This page provides guidance on the Land and Buildings Transaction Tax (LBTT) concerning chargeable consideration in transactions involving connected companies. It focuses on the deemed market value principle, which is crucial for determining tax liabilities.
- Explains the concept of deemed market value in property transactions.
- Discusses the implications for connected companies.
- Clarifies how chargeable consideration is calculated under LBTT regulations.
- Provides legislative references and guidance for compliance.
Guidance on LBTT chargeable consideration for transactions with connected companies in Scotland.
Original guidance here: Guidance on LBTT chargeable consideration for transactions with connected companies in Scotland.
Guidance on Linked Transactions for Land and Buildings Transaction Tax
LBTT Guidance on Linked Transactions
This section provides guidance on linked transactions concerning the Land and Buildings Transaction Tax (LBTT) in Scotland. It explains how to determine the chargeable consideration in land transactions.
- Understanding linked transactions under LBTT legislation.
- Determining chargeable consideration for land transactions.
- Guidance based on LBTT2008 regulations.
- Applicable to transactions involving multiple linked properties.
- Ensures accurate tax calculations for linked transactions.
Guidance on Linked Transactions for Land and Buildings Transaction Tax
Original guidance here: Guidance on Linked Transactions for Land and Buildings Transaction Tax
Guidance on LBTT Exemption for Property Gifts Without Chargeable Consideration
LBTT Exemption for No Chargeable Consideration
This page provides guidance on the exemption from Land and Buildings Transaction Tax (LBTT) for land transactions with no chargeable consideration, such as property gifting. It outlines the principles and criteria for qualifying for this exemption.
- Explains the concept of ‘no chargeable consideration’ in property transactions.
- Details the conditions under which a property gift is exempt from LBTT.
- Provides legal references and guidelines for compliance.
- Offers insights into relevant LBTT legislation and reliefs.
Guidance on LBTT Exemption for Property Gifts Without Chargeable Consideration
Original guidance here: Guidance on LBTT Exemption for Property Gifts Without Chargeable Consideration
LBTT Exemption for Land Transactions During Divorce Explained by Revenue Scotland
LBTT Exemption for Divorce-Related Transactions
This section provides guidance on the exemption from Land and Buildings Transaction Tax (LBTT) for transactions related to divorce. It outlines the principles and conditions under which such exemptions apply, ensuring clarity for individuals undergoing divorce.
- LBTT exemption applies to land transactions connected with divorce.
- Guidance is provided by Revenue Scotland.
- Specific conditions must be met for exemption eligibility.
- Ensures financial relief during divorce proceedings.
LBTT Exemption for Land Transactions During Divorce Explained by Revenue Scotland
Original guidance here: LBTT Exemption for Land Transactions During Divorce Explained by Revenue Scotland
Guidance on LBTT relief for property traders buying homes from new homebuyers.
LBTT3013 – Property Trader Purchase Relief
This section provides guidance on tax relief for property traders purchasing homes from individuals buying new homes from house building companies. It outlines the principles and concepts of Land and Buildings Transaction Tax (LBTT) relief.
- Explains the criteria for property trader purchase relief under LBTT.
- Details the process for claiming tax relief when buying from a house building company.
- Highlights the importance of understanding LBTT legislation and guidance.
- Offers insights into exemptions and reliefs available for property transactions.
Guidance on LBTT relief for property traders buying homes from new homebuyers.
Original guidance here: Guidance on LBTT relief for property traders buying homes from new homebuyers.
Guidance on LBTT relief for property traders preventing transaction chain breakdowns.
LBTT Relief for Property Traders
This section provides guidance on Land and Buildings Transaction Tax (LBTT) relief available to property traders. The relief applies when a trader purchases a home to prevent a chain of transactions from collapsing. Key principles and concepts include:
- Understanding the role of property traders in transaction chains.
- Criteria for qualifying for LBTT relief.
- Impact of transaction chain failures on the property market.
- Procedures for claiming the tax relief.
Guidance on LBTT relief for property traders preventing transaction chain breakdowns.
Original guidance here: Guidance on LBTT relief for property traders preventing transaction chain breakdowns.
Guide on LBTT relief for registered social landlords, covering tax exemptions and public subsidies.
LBTT Relief for Registered Social Landlords
This section provides guidance on Land and Buildings Transaction Tax (LBTT) relief available for registered social landlords in Scotland. The relief is applicable under specific conditions to support public subsidy initiatives.
- LBTT is a tax on land and property transactions in Scotland.
- Registered social landlords can benefit from tax relief on certain acquisitions.
- The relief aims to facilitate affordable housing through public subsidy.
- Guidance is provided under the LBTT3016 regulation.
Guide on LBTT relief for registered social landlords, covering tax exemptions and public subsidies.
Original guidance here: Guide on LBTT relief for registered social landlords, covering tax exemptions and public subsidies.
Guidance on LBTT tax relief for charities in land transactions in Scotland.
Charities Relief in LBTT
This section provides guidance on tax relief for charities involved in land transactions under the Land and Buildings Transaction Tax (LBTT) in Scotland. It outlines the conditions under which a charity can qualify for tax relief.
- Charities must meet specific conditions to be eligible for relief.
- The transaction must be for charitable purposes.
- Guidance includes details on qualifying criteria and application processes.
- Relevant for charities, charitable trusts, and organisations with charitable objectives.
Guidance on LBTT tax relief for charities in land transactions in Scotland.
Original guidance here: Guidance on LBTT tax relief for charities in land transactions in Scotland.
Relief from Land and Buildings Transaction Tax for Local Authority Acquisitions
Relief for Certain Acquisitions by Local Authorities
This page provides guidance on relief from Land and Buildings Transaction Tax (LBTT) and Additional Dwelling Supplement (ADS) for specific acquisitions by local authorities, including compulsory purchases. The relief applies to land transactions where the buyer is a local authority.
- Relief is available for local authority acquisitions.
- Includes compulsory purchase orders.
- Applies to LBTT and associated ADS.
- Guidance provided by Revenue Scotland.
Relief from Land and Buildings Transaction Tax for Local Authority Acquisitions
Original guidance here: Relief from Land and Buildings Transaction Tax for Local Authority Acquisitions
Guidance on LBTT tax relief for sub-sale development transactions in Scotland.
LBTT Sub-sale Development Relief
This page provides guidance on Land and Buildings Transaction Tax (LBTT) relief for sub-sale arrangements involving significant development. It outlines the principles and conditions under which tax relief can be claimed by the first buyer in such transactions.
- Explains LBTT relief eligibility for sub-sale transactions.
- Details conditions for claiming relief during significant development.
- Guidance is specific to first buyers in sub-sale arrangements.
- Focuses on tax relief aspects of significant development projects.
Guidance on LBTT tax relief for sub-sale development transactions in Scotland.
Original guidance here: Guidance on LBTT tax relief for sub-sale development transactions in Scotland.
First-Time Buyer Tax Relief Guidance from Revenue Scotland
Explore LBTT tax relief options for first-time homebuyers in Scotland.
First-Time Buyer Relief
This page provides guidance on Land and Buildings Transaction Tax (LBTT) relief available for first-time buyers in Scotland. It explains the principles and conditions under which this tax relief can be claimed, helping first-time buyers reduce their tax liabilities when acquiring a dwelling.
- Eligibility criteria for first-time buyer relief.
- Steps to apply for the relief.
- Potential savings on LBTT for eligible buyers.
- Important considerations and documentation required.
First-Time Buyer Tax Relief Guidance from Revenue Scotland
Explore LBTT tax relief options for first-time homebuyers in Scotland.
Original guidance here: First-Time Buyer Tax Relief Guidance from Revenue Scotland
Explore LBTT tax relief options for first-time homebuyers in Scotland.
Guidance on Notifiable Land Transactions for Land and Buildings Transaction Tax
LBTT Notifiable Transactions Guidance
This section provides guidance on which land transactions are considered notifiable for Land and Buildings Transaction Tax (LBTT) purposes, excluding certain lease transactions. It outlines the principles and concepts involved in determining notifiability.
- Defines notifiable transactions under LBTT legislation.
- Excludes specific lease transactions from being notifiable.
- Guides on submitting LBTT returns for applicable transactions.
- Clarifies the criteria for transaction notification.
- Helps taxpayers understand their obligations under LBTT.
Guidance on Notifiable Land Transactions for Land and Buildings Transaction Tax
Original guidance here: Guidance on Notifiable Land Transactions for Land and Buildings Transaction Tax
Guidance on LBTT Return Requirements and Situations for Further Returns
LBTT Return Guidance
This page provides guidance on the duty to make a Land and Buildings Transaction Tax (LBTT) return. It outlines the principles and situations where a further LBTT return might be necessary.
- Overview of LBTT return requirements.
- Situations necessitating additional LBTT returns.
- Guidance on submitting LBTT returns.
- Explanation of LBTT legislation and compliance.
- Key concepts related to LBTT processes.
Guidance on LBTT Return Requirements and Situations for Further Returns
Original guidance here: Guidance on LBTT Return Requirements and Situations for Further Returns
Guide to Amending Land and Buildings Transaction Tax Returns in Scotland
Amending an LBTT Return
This section provides guidance on how to amend a Land and Buildings Transaction Tax (LBTT) return with Revenue Scotland. It outlines the necessary steps and considerations for making changes to previously submitted returns.
- Understand the circumstances under which an amendment is required.
- Follow the procedure for submitting an amended return.
- Ensure all necessary documentation is included.
- Be aware of any deadlines for making amendments.
- Contact Revenue Scotland for assistance if needed.
Guide to Amending Land and Buildings Transaction Tax Returns in Scotland
Original guidance here: Guide to Amending Land and Buildings Transaction Tax Returns in Scotland
Guidance on Calculating Tax for Linked Transactions Under LBTT Regulations
Calculating the Amount of Tax Chargeable: Linked Transactions
This section provides guidance on calculating the Land and Buildings Transaction Tax (LBTT) for linked transactions. It explains the principles and concepts involved in determining the tax chargeable.
- Understanding the definition of linked transactions.
- Explanation of how linked transactions affect tax calculations.
- Guidance on submitting LBTT returns for linked transactions.
- Details on the legislative framework governing LBTT.
Guidance on Calculating Tax for Linked Transactions Under LBTT Regulations
Original guidance here: Guidance on Calculating Tax for Linked Transactions Under LBTT Regulations
Guidance on Deferring LBTT Payment for Contingent or Uncertain Consideration
Application to Defer Payment of LBTT
This page provides guidance on deferring the payment of Land and Buildings Transaction Tax (LBTT) when the consideration is contingent or uncertain. It outlines the principles and procedures for applying to defer payment.
- Explains the conditions under which payment deferral is applicable.
- Details the application process for deferring LBTT payment.
- Clarifies the terms ‘contingent’ and ‘uncertain’ consideration.
- Provides links to relevant legislation and guidance documents.
Guidance on Deferring LBTT Payment for Contingent or Uncertain Consideration
Original guidance here: Guidance on Deferring LBTT Payment for Contingent or Uncertain Consideration
Guidance on LBTT Returns for Contingency or Consideration Changes in Property Transactions
LBTT Return for Contingency or Ascertained Consideration
This page provides guidance on submitting a further Land and Buildings Transaction Tax (LBTT) return when previously contingent, uncertain, or unascertained consideration becomes known. It outlines the principles and requirements for compliance with LBTT regulations.
- Guidance on LBTT return submission.
- Details on contingent or uncertain consideration.
- Explanation of when a further return is necessary.
- Compliance with LBTT regulations.
- Reference to LBTT4021 document.
Guidance on LBTT Returns for Contingency or Consideration Changes in Property Transactions
Original guidance here: Guidance on LBTT Returns for Contingency or Consideration Changes in Property Transactions
LBTT Guidance: Understanding Tax Rates and Bands for Lease Transactions in Scotland
LBTT Tax Rates and Bands for Leases
This page provides guidance on the Land and Buildings Transaction Tax (LBTT) rates and bands applicable to leases in Scotland. It covers how these rates affect both the rent and premium involved in land transactions.
- Explanation of LBTT rates and bands for lease transactions.
- Details on how these rates apply to rent and premium components.
- Guidance on making tax returns for lease transactions.
- Relevant for individuals and businesses involved in leasing property in Scotland.
LBTT Guidance: Understanding Tax Rates and Bands for Lease Transactions in Scotland
Original guidance here: LBTT Guidance: Understanding Tax Rates and Bands for Lease Transactions in Scotland
Guidance on Partitioning Chargeable Interests for Land and Buildings Transaction Tax
LBTT Guidance on Partition or Division
This section provides guidance on the partition or division of a chargeable interest under the Land and Buildings Transaction Tax (LBTT) framework. It explains how to determine the chargeable consideration in such land transactions.
- Understanding the concept of chargeable interest in land transactions.
- Guidelines on partitioning or dividing property interests.
- Determining chargeable consideration for LBTT purposes.
- Application of LBTT2010 regulations in property divisions.
Guidance on Partitioning Chargeable Interests for Land and Buildings Transaction Tax
Original guidance here: Guidance on Partitioning Chargeable Interests for Land and Buildings Transaction Tax
Understanding LBTT Exemptions: When Conditions for Tax Relief Aren’t Fully Met
LBTT Guidance on Chargeable Consideration
This page provides guidance on determining the chargeable consideration for Land and Buildings Transaction Tax (LBTT) in cases where exemption conditions are not fully met. It focuses on specific scenarios such as assents and appropriations by personal representatives and variations of testamentary dispositions.
- Understanding chargeable consideration in land transactions.
- Conditions for exemptions like assents and appropriations.
- Impact of not fully meeting exemption conditions.
- Guidance on variations of testamentary dispositions.
Understanding LBTT Exemptions: When Conditions for Tax Relief Aren’t Fully Met
Original guidance here: Understanding LBTT Exemptions: When Conditions for Tax Relief Aren’t Fully Met
Guidance on LBTT for Buyer Indemnity in Land Transactions
LBTT Guidance on Indemnity Given by Buyer
This page provides guidance on determining the chargeable consideration in a land transaction under the Land and Buildings Transaction Tax (LBTT) when the buyer indemnifies the seller. It explains key principles and concepts related to this scenario.
- Definition of chargeable consideration in land transactions.
- Explanation of indemnity provided by the buyer to the seller.
- Impact of indemnity on LBTT calculations.
- Legal implications and guidelines for compliance.
Guidance on LBTT for Buyer Indemnity in Land Transactions
Original guidance here: Guidance on LBTT for Buyer Indemnity in Land Transactions
Guidance on LBTT when buyer assumes inheritance tax liability in land transactions.
Principles and Concepts of LBTT and Inheritance Tax Liability
This page provides guidance on the Land and Buildings Transaction Tax (LBTT) in scenarios where the buyer assumes an inheritance tax liability. It outlines how such liabilities affect the chargeable consideration in land transactions.
- Explains the interaction between LBTT and inheritance tax.
- Details the implications of a buyer bearing inheritance tax liabilities.
- Clarifies the concept of chargeable consideration in these transactions.
- Provides legal references and guidance under LBTT2013.
Guidance on LBTT when buyer assumes inheritance tax liability in land transactions.
Original guidance here: Guidance on LBTT when buyer assumes inheritance tax liability in land transactions.
Understanding LBTT When Buyer Assumes Capital Gains Tax Responsibility
LBTT Guidance on Capital Gains Tax Liability
This page provides guidance on determining the chargeable consideration in a land transaction where the buyer bears a capital gains tax liability. It explains the principles and concepts related to the Land and Buildings Transaction Tax (LBTT) in Scotland.
- Understanding chargeable consideration in land transactions.
- Impact of capital gains tax liability on the buyer.
- Application of LBTT2014 regulations.
- Guidance provided by Revenue Scotland.
Understanding LBTT When Buyer Assumes Capital Gains Tax Responsibility
Original guidance here: Understanding LBTT When Buyer Assumes Capital Gains Tax Responsibility
Guidance on LBTT for Transactions Involving Public or Educational Bodies in Scotland
LBTT2015 – Arrangements Involving Public or Educational Bodies
This page provides guidance on determining the chargeable consideration in land transactions involving public or educational bodies under the Land and Buildings Transaction Tax (LBTT) framework. It outlines the principles and concepts relevant to such transactions.
- Focus on arrangements with public or educational bodies.
- Guidance on chargeable consideration under LBTT.
- Relevant to qualifying bodies under LBTT2015.
- Helps in understanding tax implications for specific bodies.
Guidance on LBTT for Transactions Involving Public or Educational Bodies in Scotland
Original guidance here: Guidance on LBTT for Transactions Involving Public or Educational Bodies in Scotland
Guidance on Annuities in Land Transactions for LBTT in Scotland
LBTT Guidance on Annuities
This page provides guidance on the treatment of annuities in determining the chargeable consideration for land transactions under the Land and Buildings Transaction Tax (LBTT) in Scotland.
- Explains how annuities are assessed in the context of LBTT.
- Details the principles for calculating chargeable consideration involving annuities.
- Clarifies the legislative framework governing annuities in land transactions.
- Offers examples to illustrate the application of these principles.
Guidance on Annuities in Land Transactions for LBTT in Scotland
Original guidance here: Guidance on Annuities in Land Transactions for LBTT in Scotland
Guidance on LBTT Exemption for Crown-Associated Acquisitions by Revenue Scotland
LBTT Exemption for Crown Acquisitions
This page provides guidance on the exemption of transactions involving the acquisition of a chargeable interest by individuals or bodies associated with the Crown under the Land and Buildings Transaction Tax (LBTT) framework.
- Explains the criteria for exemption from LBTT for Crown-associated acquisitions.
- Details the specific individuals or bodies eligible for this exemption.
- Clarifies the legal framework governing these transactions.
- Provides links to relevant legislation and guidance documents.
Guidance on LBTT Exemption for Crown-Associated Acquisitions by Revenue Scotland
Original guidance here: Guidance on LBTT Exemption for Crown-Associated Acquisitions by Revenue Scotland
Guidance on LBTT Exemption for Civil Partnership Dissolution Transactions in Scotland
LBTT Exemption for Civil Partnership Dissolution
This page provides guidance on the exemption of transactions from Land and Buildings Transaction Tax (LBTT) when they arise from the dissolution of a civil partnership. It outlines the principles and concepts involved in such exemptions.
- Exemption applies to transactions resulting from court orders or agreements.
- Relevant to parties dissolving a civil partnership.
- Guidance aligns with LBTT3007 regulations.
- Ensures tax relief in specific dissolution scenarios.
- Facilitates understanding of tax obligations and exemptions.
Guidance on LBTT Exemption for Civil Partnership Dissolution Transactions in Scotland
Original guidance here: Guidance on LBTT Exemption for Civil Partnership Dissolution Transactions in Scotland
Guidance on LBTT exemptions for land transactions through wills or intestacy.
LBTT Exemption for Assent and Appropriations
This section provides guidance on the exemption of Land and Buildings Transaction Tax (LBTT) for land transactions resulting from the assent or appropriation by a personal representative in a will or intestacy. Key principles and concepts include:
- Understanding the role of personal representatives in managing estates.
- Exemption criteria for LBTT in cases of assent or appropriation.
- Legal implications of wills and intestacy on property transactions.
- Specific conditions under which LBTT exemptions apply.
Guidance on LBTT exemptions for land transactions through wills or intestacy.
Original guidance here: Guidance on LBTT exemptions for land transactions through wills or intestacy.
Guide on LBTT Exemption for Varying Testamentary Dispositions and Intestacy Beneficiaries
Principles and Concepts of LBTT Exemption
This page provides guidance on the exemption from Land and Buildings Transaction Tax (LBTT) for land transactions that alter the terms of a will or intestacy, allowing a different beneficiary to receive property. Key principles include:
- Understanding testamentary disposition and its variations.
- Recognising the impact of changes to a will or intestacy on property distribution.
- Identifying transactions exempt from LBTT under specific conditions.
- Comprehending the legal framework surrounding LBTT exemptions.
Guide on LBTT Exemption for Varying Testamentary Dispositions and Intestacy Beneficiaries
Original guidance here: Guide on LBTT Exemption for Varying Testamentary Dispositions and Intestacy Beneficiaries
Guidance on LBTT Relief for Alternative Finance Bonds with Asset Substitution
LBTT3022 – Relief for Alternative Finance Investment Bonds
This section provides guidance on the relief available under the Land and Buildings Transaction Tax (LBTT) for alternative finance investment bonds when one bond asset is substituted for another.
- Explains the conditions under which relief is applicable.
- Details the process for substituting bond assets.
- Clarifies the tax implications of such substitutions.
- Provides examples to illustrate the application of the rules.
Guidance on LBTT Relief for Alternative Finance Bonds with Asset Substitution
Original guidance here: Guidance on LBTT Relief for Alternative Finance Bonds with Asset Substitution
LBTT Guidance: No Relief for Alternative Finance Bonds When Acquiring Asset Control
LBTT Guidance on Alternative Finance Investment Bonds
This section provides guidance on the Land and Buildings Transaction Tax (LBTT) concerning circumstances where relief for alternative finance investment bonds (AFIB) is not available. This occurs when the bond holder gains control over the underlying asset.
- Explains the conditions under which AFIB relief is unavailable.
- Focuses on the acquisition of control by the bond holder.
- Clarifies the implications for LBTT in such scenarios.
- Provides legal and tax guidance for stakeholders.
LBTT Guidance: No Relief for Alternative Finance Bonds When Acquiring Asset Control
Original guidance here: LBTT Guidance: No Relief for Alternative Finance Bonds When Acquiring Asset Control
Guidance on LBTT tax relief for alternative property finance involving leases and sub-leases.
Alternative Property Finance Relief
This section provides guidance on Land and Buildings Transaction Tax (LBTT) relief for alternative property finance arrangements, specifically involving leases or sub-leases. The principles and concepts covered include:
- Understanding alternative property finance mechanisms.
- Eligibility criteria for tax relief under LBTT.
- Application process for obtaining relief.
- Implications of leasing or sub-leasing properties under alternative finance arrangements.
- Compliance requirements and documentation needed.
Guidance on LBTT tax relief for alternative property finance involving leases and sub-leases.
Original guidance here: Guidance on LBTT tax relief for alternative property finance involving leases and sub-leases.
Guidance on LBTT tax relief for joint property purchases with financial institutions.
Alternative Property Finance Relief
This page provides guidance on Land and Buildings Transaction Tax (LBTT) relief for situations where a financial institution and an individual purchase a property as owners in common, with the individual granted exclusive occupation. The key principles and concepts include:
- Understanding the criteria for LBTT relief eligibility.
- Explaining the role of financial institutions in property purchases.
- Clarifying the concept of exclusive occupation in shared ownership.
- Outlining the legal framework for alternative property finance relief.
Guidance on LBTT tax relief for joint property purchases with financial institutions.
Original guidance here: Guidance on LBTT tax relief for joint property purchases with financial institutions.
Guidance on LBTT tax relief for property transactions involving financial institutions and borrowers.
Alternative Property Finance Relief
This page provides guidance on the Land and Buildings Transaction Tax (LBTT) relief applicable when a financial institution purchases a property and then re-sells it to an individual borrowing money from the institution. The principles and concepts include:
- Understanding the relief available under LBTT for alternative property finance.
- Details on the process of sale and re-sale involving financial institutions.
- Explanation of the role of standard security in these transactions.
- Clarification of conditions under which this tax relief applies.
Original guidance here: Guidance on LBTT tax relief for property transactions involving financial institutions and borrowers.
Guidance on Withdrawal of Group Relief for Land and Buildings Transaction Tax
Withdrawal of Group Relief
This page provides guidance on the circumstances under which group relief is withdrawn under the Land and Buildings Transaction Tax (LBTT) in Scotland. It outlines the principles and concepts related to the withdrawal process.
- Explains the conditions leading to the withdrawal of group relief.
- Details the implications for companies and bodies corporate.
- Provides references to relevant legislation and guidance documents.
- Clarifies the process for notifying Revenue Scotland of changes.
Guidance on Withdrawal of Group Relief for Land and Buildings Transaction Tax
Original guidance here: Guidance on Withdrawal of Group Relief for Land and Buildings Transaction Tax
Guidance on LBTT Group Relief: Circumstances Where Relief Is Not Withdrawn
Principles of Non-Withdrawal of Group Relief
This section outlines the circumstances under which group relief is not withdrawn under the Land and Buildings Transaction Tax (LBTT) framework in Scotland.
- Group relief applies to transactions involving companies or bodies corporate.
- Relief is maintained if specific conditions are met, preventing withdrawal.
- Guidance is provided to ensure compliance with LBTT regulations.
- Key terms include non-withdrawal, group relief, and tax exemptions.
Guidance on LBTT Group Relief: Circumstances Where Relief Is Not Withdrawn
Original guidance here: Guidance on LBTT Group Relief: Circumstances Where Relief Is Not Withdrawn
Guidance on Recovering Withdrawn Group Relief for Land and Buildings Transaction Tax
Recovery of Group Relief
This section provides guidance on the recovery of group relief under the Land and Buildings Transaction Tax (LBTT) when the relief has been withdrawn or partially withdrawn. It outlines the principles and concepts involved in such scenarios.
- Explains the conditions under which group relief can be withdrawn.
- Details the process for recovering relief once it has been withdrawn.
- Discusses the implications for companies and corporate bodies.
- Provides references to relevant LBTT legislation and guidance.
Guidance on Recovering Withdrawn Group Relief for Land and Buildings Transaction Tax
Original guidance here: Guidance on Recovering Withdrawn Group Relief for Land and Buildings Transaction Tax
LBTT Sale and Leaseback Relief Guidance by Revenue Scotland
LBTT Sale and Leaseback Relief
This page provides guidance on the Land and Buildings Transaction Tax (LBTT) relief available for sale and leaseback transactions. It outlines the principles and conditions under which this relief can be applied, helping taxpayers understand eligibility and compliance requirements.
- Explains the concept of sale and leaseback transactions.
- Details the conditions for qualifying for LBTT relief.
- Offers guidance on compliance and documentation requirements.
- Clarifies the benefits of applying for this specific tax relief.
LBTT Sale and Leaseback Relief Guidance by Revenue Scotland
Original guidance here: LBTT Sale and Leaseback Relief Guidance by Revenue Scotland
Guidance on LBTT tax relief for house builders in part exchange transactions.
LBTT3012 – Part Exchange Relief
This page provides guidance on Land and Buildings Transaction Tax (LBTT) relief available when a house building company purchases a home from an individual buying a new home. The relief aims to facilitate property transactions through part exchange schemes.
- Part exchange relief is applicable to house building companies.
- It assists individuals purchasing new homes by easing the sale of their existing property.
- The relief is part of the LBTT framework in Scotland.
- It helps streamline property transactions and reduce financial burdens.
Guidance on LBTT tax relief for house builders in part exchange transactions.
Original guidance here: Guidance on LBTT tax relief for house builders in part exchange transactions.
Guide on LBTT Tax Relief for Alternative Property Finance Arrangements in Scotland
Overview of LBTT Alternative Property Finance Relief
This section provides guidance on Land and Buildings Transaction Tax (LBTT) relief for alternative property finance arrangements. It explains the principles and concepts involved in obtaining tax relief when using such financial methods.
- Focus on alternative property finance arrangements.
- Guidance on tax relief for chargeable interest acquisition.
- Relevant for financial institutions and individuals.
- Part of LBTT legislation and guidance.
- Useful for understanding exemptions and reliefs under LBTT.
Guide on LBTT Tax Relief for Alternative Property Finance Arrangements in Scotland
Original guidance here: Guide on LBTT Tax Relief for Alternative Property Finance Arrangements in Scotland
Guidance on LBTT tax relief for alternative finance investment bonds in Scotland.
LBTT Relief for Alternative Finance Investment Bonds
This page provides guidance on tax relief for land transactions funded through alternative finance investment bonds (AFIB) under the Land and Buildings Transaction Tax (LBTT) framework. It outlines the principles and concepts associated with this relief.
- Explanation of LBTT and its application to land transactions.
- Details on how AFIBs can be used to fund these transactions.
- Conditions under which tax relief is applicable.
- Guidance on claiming the relief effectively.
Guidance on LBTT tax relief for alternative finance investment bonds in Scotland.
Original guidance here: Guidance on LBTT tax relief for alternative finance investment bonds in Scotland.
Guidance on Tax Relief for Crofting Community Right to Buy Purchases
LBTT3024 – Crofting Community Right to Buy
This page provides guidance on tax relief available under the Land and Buildings Transaction Tax (LBTT) for purchases made by crofting communities through the ‘crofting community right to buy’.
- Explains the concept of ‘crofting community right to buy’.
- Details the tax relief applicable under LBTT for such purchases.
- Provides legal and procedural guidance for crofting communities.
- Includes resources and links for further information.
Guidance on Tax Relief for Crofting Community Right to Buy Purchases
Original guidance here: Guidance on Tax Relief for Crofting Community Right to Buy Purchases
Guidance on LBTT group relief for transactions between related companies.
LBTT Group Relief Guidance
This page provides guidance on Land and Buildings Transaction Tax (LBTT) relief for transactions between companies within the same group. It outlines the conditions under which group relief can be applied, ensuring tax efficiency in corporate restructuring.
- Applicable when both seller and buyer are companies in the same group.
- Aims to facilitate tax relief during land transactions.
- Ensures compliance with LBTT regulations.
- Supports corporate restructuring and internal asset transfers.
Guidance on LBTT group relief for transactions between related companies.
Original guidance here: Guidance on LBTT group relief for transactions between related companies.
Guide to LBTT Reconstruction and Acquisition Relief in Scotland
Overview of LBTT Reconstruction and Acquisition Relief
This page provides guidance on Land and Buildings Transaction Tax (LBTT) reliefs, specifically focusing on reconstruction and acquisition relief.
- Reconstruction relief applies to property transactions involving company reorganisations.
- Acquisition relief is relevant when acquiring a business as a going concern.
- Both reliefs aim to reduce tax liabilities under specific conditions.
- Eligibility criteria and application processes are outlined for taxpayers.
- Guidance ensures compliance with LBTT legislation.
Guide to LBTT Reconstruction and Acquisition Relief in Scotland
Original guidance here: Guide to LBTT Reconstruction and Acquisition Relief in Scotland
Guidance on LBTT Relief for Incorporation of Limited Liability Partnerships
LBTT Relief for LLP Incorporation
This page provides guidance on tax relief available when a chargeable interest is transferred to a limited liability partnership (LLP) during its incorporation. The principles and concepts covered include:
- Understanding the conditions under which LBTT relief is applicable.
- Details on the transfer of chargeable interests to an LLP.
- Legal requirements for LLP incorporation and associated tax implications.
- Specific exemptions and reliefs under LBTT3034.
Guidance on LBTT Relief for Incorporation of Limited Liability Partnerships
Original guidance here: Guidance on LBTT Relief for Incorporation of Limited Liability Partnerships
Guidance on LBTT tax relief for land transactions involving friendly societies in Scotland.
LBTT3036 – Friendly Societies Relief
This page provides guidance on Land and Buildings Transaction Tax (LBTT) relief applicable to transactions involving friendly societies. It outlines specific conditions under which tax relief can be claimed.
- Explains the concept of LBTT and its application to land transactions.
- Details the criteria for claiming tax relief in transactions involving friendly societies.
- Clarifies the legal framework and exemptions relevant to friendly societies.
- Offers guidance on the documentation required to support a relief claim.
Guidance on LBTT tax relief for land transactions involving friendly societies in Scotland.
Original guidance here: Guidance on LBTT tax relief for land transactions involving friendly societies in Scotland.
Guidance on LBTT Tax Relief for Building Societies Transactions in Scotland
LBTT3037 – Building Societies Relief
This page provides guidance on tax relief for land transactions involving building societies under the Land and Buildings Transaction Tax (LBTT) framework. It outlines specific scenarios where relief is applicable.
- Explains the conditions under which building societies can claim tax relief.
- Details the legislative framework governing these transactions.
- Provides examples of eligible transactions for clarity.
- Offers guidance on how to apply for the relief.
Guidance on LBTT Tax Relief for Building Societies Transactions in Scotland
Original guidance here: Guidance on LBTT Tax Relief for Building Societies Transactions in Scotland
Guidance on LBTT tax relief for developers fulfilling planning authority obligations for community amenities.
LBTT Relief for Compliance with Planning Obligations
This page provides guidance on Land and Buildings Transaction Tax (LBTT) relief available when a developer is required by a planning authority to provide community amenities. Key principles and concepts include:
- Understanding planning obligations and conditions imposed by planning authorities.
- Eligibility criteria for obtaining LBTT relief in connection with planning obligations.
- Examples of community amenities that may qualify for relief.
- Procedures for claiming the tax relief.
Original guidance here: Guidance on LBTT tax relief for developers fulfilling planning authority obligations for community amenities.
Guidance on LBTT tax relief for public bodies during statutory reorganisations.
LBTT Guidance on Public Bodies Relief
This page provides guidance on Land and Buildings Transaction Tax (LBTT) relief applicable during statutory reorganisations involving public bodies. Both the buyer and seller must be public bodies to qualify for this relief.
- Focuses on tax relief during statutory reorganisations.
- Applicable when both parties in the transaction are public bodies.
- Part of the LBTT legislation and guidance.
- Aims to facilitate smoother transitions during public sector reorganisations.
Guidance on LBTT tax relief for public bodies during statutory reorganisations.
Original guidance here: Guidance on LBTT tax relief for public bodies during statutory reorganisations.
Guidance on LBTT tax relief for visiting forces and international military headquarters.
LBTT Relief for Visiting Forces and International Military Headquarters
This page provides guidance on Land and Buildings Transaction Tax (LBTT) relief applicable to land transactions involving visiting forces or international military headquarters. The relief aims to facilitate certain tax exemptions in specific scenarios.
- LBTT applies to land and property transactions in Scotland.
- Relief is available for visiting forces and international military headquarters.
- Exemptions are designed to support international military operations.
- Guidance is provided on eligibility and application processes.
Guidance on LBTT tax relief for visiting forces and international military headquarters.
Original guidance here: Guidance on LBTT tax relief for visiting forces and international military headquarters.
Guidance on LBTT relief for property transactions satisfying tax obligations in Scotland.
LBTT Relief for Property Accepted in Satisfaction of Tax
This page provides guidance on Land and Buildings Transaction Tax (LBTT) relief when property is accepted in satisfaction of tax obligations. It outlines the principles and conditions under which such relief is applicable.
- Explains the concept of satisfaction of tax through property transfer.
- Details eligibility criteria for claiming LBTT relief.
- Describes the legal framework supporting this tax relief.
- Provides examples of transactions qualifying for relief.
- Offers guidance on the application process for relief claims.
Guidance on LBTT relief for property transactions satisfying tax obligations in Scotland.
Original guidance here: Guidance on LBTT relief for property transactions satisfying tax obligations in Scotland.
LBTT Guidance: Tax Relief for Land Transactions Involving Lighthouses
LBTT3043 – Lighthouses Relief
This page provides guidance on tax relief for specific land transactions involving lighthouses under the Land and Buildings Transaction Tax (LBTT) in Scotland.
- Explains the conditions under which lighthouse transactions qualify for tax relief.
- Details the legislative framework governing these transactions.
- Outlines the application process for claiming lighthouse-related tax relief.
- Provides links to relevant legal documents and additional resources.
- Includes contact information for further assistance from Revenue Scotland.
LBTT Guidance: Tax Relief for Land Transactions Involving Lighthouses
Original guidance here: LBTT Guidance: Tax Relief for Land Transactions Involving Lighthouses
Diplomatic Premises LBTT Relief Explained: Eligibility and Provisions Under Vienna Convention.
LBTT Diplomatic Premises Relief
This section explains the relief available from the Land and Buildings Transaction Tax (LBTT) for specific diplomatic and consular premises. It covers the principles and concepts outlined in the Vienna Convention on Diplomatic Relations, as incorporated into UK law.
- Full relief is available for certain acquisitions.
- Applies to the purchase or lease of diplomatic mission premises.
- Includes official residences of heads of missions.
- Based on Articles 23 and 24 of the Vienna Convention.
- Incorporated into the Diplomatic Privileges Act 1964.
Diplomatic Premises LBTT Relief Explained: Eligibility and Provisions Under Vienna Convention.
Original guidance here: Diplomatic Premises LBTT Relief Explained: Eligibility and Provisions Under Vienna Convention.
LBTT Relief for International Organisation Headquarters with Diplomatic Tax Exemptions in Scotland
LBTT Exemptions for Sovereign Bodies and International Organisations
This section outlines the principles and concepts related to Land and Buildings Transaction Tax (LBTT) exemptions for sovereign bodies and international organisations. Key points include:
- Overseas Heads of State, Governments, or other Sovereign bodies are not generally exempt from LBTT.
- Full relief from LBTT is granted for the purchase or lease of headquarters premises of an international organisation.
- Exemption is provided when a Statutory Instrument accords similar tax privileges as those given to a diplomatic agent.
LBTT Relief for International Organisation Headquarters with Diplomatic Tax Exemptions in Scotland
Original guidance here: LBTT Relief for International Organisation Headquarters with Diplomatic Tax Exemptions in Scotland
Guide to LBTT Relief for Open-ended Investment Companies in Scotland
LBTT Relief for Open-ended Investment Companies
This page provides information on the relief available for Open-ended Investment Companies (OEICs) under the Land and Buildings Transaction Tax (LBTT) in Scotland. The relief is governed by the 2015 regulations, utilising powers from the LBTT(S) Act 2013.
- Relief is provided by the 2015 regulations.
- OEICs are defined under the Financial Services and Markets Act 2000.
- Relevant to transactions involving land and buildings in Scotland.
- Part of the broader LBTT framework.
Guide to LBTT Relief for Open-ended Investment Companies in Scotland
Original guidance here: Guide to LBTT Relief for Open-ended Investment Companies in Scotland
Guidance on LBTT Reconstruction Relief for Company Acquisitions in Scotland
LBTT3030 – Reconstruction Relief
This page provides guidance on Land and Buildings Transaction Tax (LBTT) relief available when a company acquires an undertaking from another company. The relief applies under specific conditions and is part of a scheme of reconstruction. Key principles include:
- Reconstruction relief is applicable during company acquisitions.
- It involves the transfer of undertakings between companies.
- The relief is part of the LBTT framework.
- Specific criteria must be met for eligibility.
Guidance on LBTT Reconstruction Relief for Company Acquisitions in Scotland
Original guidance here: Guidance on LBTT Reconstruction Relief for Company Acquisitions in Scotland
Guidance on LBTT acquisition relief for transferring land or buildings during company acquisitions.
LBTT Acquisition Relief Guidance
This page provides guidance on the Land and Buildings Transaction Tax (LBTT) acquisition relief applicable when land or buildings are transferred during the acquisition of a company’s undertaking. The principles and concepts outlined include:
- Definition and scope of acquisition relief under LBTT.
- Conditions required to qualify for the relief.
- Procedures for claiming acquisition relief.
- Examples illustrating the application of the relief.
- Relevant legislation and guidance documents.
Guidance on LBTT acquisition relief for transferring land or buildings during company acquisitions.
Original guidance here: Guidance on LBTT acquisition relief for transferring land or buildings during company acquisitions.
Understanding Withdrawal of Reconstruction or Acquisition Relief for LBTT in Scotland
Withdrawal of Reconstruction or Acquisition Relief
This page provides guidance on the conditions under which reconstruction or acquisition relief can be withdrawn or partially withdrawn under the Land and Buildings Transaction Tax (LBTT) framework. It outlines the principles and concepts related to these tax reliefs.
- Explains the circumstances for withdrawal of relief.
- Details the process for partial withdrawal.
- Clarifies the implications of withdrawal on tax obligations.
- Provides examples of applicable scenarios.
Understanding Withdrawal of Reconstruction or Acquisition Relief for LBTT in Scotland
Original guidance here: Understanding Withdrawal of Reconstruction or Acquisition Relief for LBTT in Scotland
Guidance on LBTT recovery for withdrawn reconstruction or acquisition relief in Scotland.
Recovery of Reconstruction or Acquisition Relief
This section provides guidance on the recovery of Land and Buildings Transaction Tax (LBTT) reliefs, specifically when reconstruction or acquisition reliefs are withdrawn or partially withdrawn. It explains the principles and procedures involved in such recoveries.
- Details the rules for recovering LBTT reliefs.
- Covers scenarios where relief is withdrawn or partially withdrawn.
- Explains the implications for reconstruction and acquisition reliefs.
- Provides guidance on compliance with tax legislation.
Guidance on LBTT recovery for withdrawn reconstruction or acquisition relief in Scotland.
Original guidance here: Guidance on LBTT recovery for withdrawn reconstruction or acquisition relief in Scotland.
Understanding Lease Dates: Key Information for Land and Buildings Transaction Tax
Effective and Relevant Dates for a Lease
This page from Revenue Scotland provides guidance on determining the effective and relevant dates for leases under the Land and Buildings Transaction Tax (LBTT). It is crucial for understanding tax obligations related to lease agreements.
- Explains the concept of effective dates in lease agreements.
- Details the importance of relevant dates for tax calculations.
- Provides examples of how these dates affect tax liabilities.
- Guides on compliance with LBTT regulations.
Understanding Lease Dates: Key Information for Land and Buildings Transaction Tax
Original guidance here: Understanding Lease Dates: Key Information for Land and Buildings Transaction Tax
LBTT6050 Transitional Provisions: Guidance on Lease Transactions by Revenue Scotland
LBTT6050 – Transitional Provisions
This section provides guidance on the transitional provisions related to the Land and Buildings Transaction Tax (LBTT) in Scotland. It explains the principles and concepts applicable to lease transactions during transitional periods.
- Details the application of LBTT to lease transactions.
- Outlines the transitional provisions affecting ongoing leases.
- Explains how these provisions interact with existing legislation.
- Provides clarity on tax liabilities during transitional phases.
LBTT6050 Transitional Provisions: Guidance on Lease Transactions by Revenue Scotland
Original guidance here: LBTT6050 Transitional Provisions: Guidance on Lease Transactions by Revenue Scotland
Understanding LBTT: Three-Yearly Lease Tax Review and Compliance Requirements in Scotland
Three-Yearly Review of Tax Chargeable
This section discusses the principles and processes involved in the three-yearly review of the Land and Buildings Transaction Tax (LBTT) for leases in Scotland. The review ensures that any changes to the lease are accurately reflected in the tax position.
- Leases can change through variations, extensions, or rent reviews.
- LBTT does not require a return for every lease change.
- A return is required every third anniversary of the lease’s effective date.
- Additional LBTT may be paid or reclaimed if overpaid.
Understanding LBTT: Three-Yearly Lease Tax Review and Compliance Requirements in Scotland
Original guidance here: Understanding LBTT: Three-Yearly Lease Tax Review and Compliance Requirements in Scotland
Guidance on Deferring LBTT Payment for Contingent or Uncertain Considerations
Deferral of LBTT Payment
This page provides guidance on applying for a deferral of Land and Buildings Transaction Tax (LBTT) payments when the consideration is contingent or uncertain. It outlines the principles and processes involved in making such an application.
- Guidance on deferring LBTT payments.
- Applicable when transaction consideration is uncertain.
- Details the application process for deferral.
- Clarifies conditions under which deferral is available.
- Explains relevant legislation and guidance.
Guidance on Deferring LBTT Payment for Contingent or Uncertain Considerations
Original guidance here: Guidance on Deferring LBTT Payment for Contingent or Uncertain Considerations
Guidance on Deferring Land and Buildings Transaction Tax Payment in Scotland
LBTT Application to Defer Payment of Tax
This page provides guidance on applying to defer payment of Land and Buildings Transaction Tax (LBTT) when the consideration is contingent or uncertain. It outlines the necessary content and requirements for the application.
- Guidance on deferring LBTT payment.
- Details on contingent or uncertain considerations.
- Requirements for the application process.
- Relevant for those dealing with LBTT.
Guidance on Deferring Land and Buildings Transaction Tax Payment in Scotland
Original guidance here: Guidance on Deferring Land and Buildings Transaction Tax Payment in Scotland
Guidance on Deferring LBTT Payment for Contingent or Uncertain Consideration
Acceptance of Application for Deferral of Payment
This page provides guidance on the process following Revenue Scotland’s acceptance of an application to defer the Land and Buildings Transaction Tax (LBTT) payment for contingent or uncertain consideration.
- Details the acceptance process for deferring LBTT payments.
- Explains conditions under which payment deferral is applicable.
- Outlines responsibilities of applicants post-acceptance.
- Provides relevant legislation and guidance references.
- Includes information on handling contingent or uncertain considerations.
Guidance on Deferring LBTT Payment for Contingent or Uncertain Consideration
Original guidance here: Guidance on Deferring LBTT Payment for Contingent or Uncertain Consideration
Guidance on Refusal of LBTT Payment Deferral Applications by Revenue Scotland
Refusal of Application for Deferral of LBTT Payment
This section provides guidance on the conditions under which Revenue Scotland may reject an application to defer Land and Buildings Transaction Tax (LBTT) payments due to contingent or uncertain considerations. It also outlines the subsequent steps following a refusal.
- Explanation of circumstances leading to application refusal.
- Details on contingent or uncertain considerations.
- Procedures following the refusal of deferral applications.
- Relevant legal and procedural guidelines.
Guidance on Refusal of LBTT Payment Deferral Applications by Revenue Scotland
Original guidance here: Guidance on Refusal of LBTT Payment Deferral Applications by Revenue Scotland
LBTT Tax Payment Guidance for Joint Buyers, Partners, and Trustees
LBTT Payment Liability Guidance
This page provides guidance on the Land and Buildings Transaction Tax (LBTT) payment responsibilities, focusing on the liabilities of different parties involved in property transactions. It outlines the obligations for joint buyers, partners, and trustees.
- Explains the tax payment rules under LBTT.
- Details the liabilities for joint buyers in property transactions.
- Clarifies the responsibilities of partners in partnerships.
- Outlines the duties of trustees in trusts.
LBTT Tax Payment Guidance for Joint Buyers, Partners, and Trustees
Original guidance here: LBTT Tax Payment Guidance for Joint Buyers, Partners, and Trustees
Guidance on LBTT return and tax payment before title registration in Scotland.
LBTT Return and Title Registration
This page provides guidance on the process of making a Land and Buildings Transaction Tax (LBTT) return and its connection to the registration of title by the Keeper of the Registers of Scotland. It outlines the necessary steps and principles involved.
- LBTT return must be completed before applying for title registration.
- Payment of the LBTT is required prior to registration.
- Ensures compliance with Scottish tax legislation.
- Facilitates smooth processing of property transactions.
Guidance on LBTT return and tax payment before title registration in Scotland.
Original guidance here: Guidance on LBTT return and tax payment before title registration in Scotland.
Guidance on Satisfactory LBTT Payment Arrangements with Revenue Scotland
Principles and Concepts of LBTT Payment Arrangements
This section provides guidance on making satisfactory arrangements for the payment of Land and Buildings Transaction Tax (LBTT) to Revenue Scotland. It outlines the principles and concepts necessary for compliance.
- Understanding the requirements for LBTT payment arrangements.
- Ensuring compliance with Revenue Scotland’s standards.
- Guidance on completing the LBTT return process.
- Key considerations for taxpayers in arranging payments.
- Reference to LBTT4008 for detailed legislative guidance.
Guidance on Satisfactory LBTT Payment Arrangements with Revenue Scotland
Original guidance here: Guidance on Satisfactory LBTT Payment Arrangements with Revenue Scotland
- Revenue Scotland LBTT: Guide to Submitting, Amending, and Paying Land and Buildings Transaction Tax
- Submitting, Amending, and Paying LBTT
- Revenue Scotland LBTT: Understanding Authority to Act with Revenue Scotland: Empowering Agents for Tax Affairs Management
- Authority to Act with Revenue Scotland
- Revenue Scotland LBTT: Understanding the Additional Dwelling Supplement for Scottish Property Transactions
- The Additional Dwelling Supplement (ADS)
- Revenue Scotland LBTT: Land and Buildings Transaction Tax: Common Questions Answered by Revenue Scotland
- Land and Buildings Transaction Tax FAQs
- Revenue Scotland LBTT: Guidance on Amending a Submitted LBTT Return with Revenue Scotland
- Guidance on Amending an LBTT Return
- Revenue Scotland LBTT: Guide to Claiming Repayment for Additional Dwelling Supplement in Scotland
- Claiming Repayment of Additional Dwelling Supplement (ADS)
- Revenue Scotland LBTT: Guide to Submitting Online LBTT Lease Returns on Revenue Scotland Website
- How to Make an Online LBTT Lease Return
- Revenue Scotland LBTT: Guide for Agents: Submitting Online LBTT Lease Review Returns
- Online LBTT Lease Review Return Guidance
- Revenue Scotland LBTT: Guide for Tenants: Submitting and Amending Online LBTT Lease Review Returns
- Guidance for Tenants on LBTT Lease Review Return
- Revenue Scotland LBTT: Guide to Submitting Online Land and Buildings Transaction Tax Return
- Guidance on Submitting an Online LBTT Return
- Revenue Scotland LBTT: Guide to Completing ‘About the Buyer’ Section for LBTT Returns
- About the Buyer Section
- Revenue Scotland LBTT: Guide to Completing the ‘About the Calculation’ Section for Online LBTT Returns
- About the Calculation
- Revenue Scotland LBTT: Guide to Completing the ‘About the Conveyance or Transfer’ Section for LBTT Returns
- About the Conveyance or Transfer
- Revenue Scotland LBTT: Guide to Completing LBTT Reliefs Section in Online Return Application
- Guidance on Completing the Reliefs Section in LBTT Online Return
- Revenue Scotland LBTT: Guide to Submitting LBTT Returns Online via Revenue Scotland Portal
- Introduction to Online LBTT Return
- Revenue Scotland LBTT: Guide to Completing the ‘About the Seller’ Section for LBTT Returns
- About the Seller Section
- Revenue Scotland LBTT: Guide to Completing the Additional Dwelling Supplement Section Online
- Additional Dwelling Supplement Guidance
- Revenue Scotland LBTT: Guide to Submitting and Paying Land and Buildings Transaction Tax Online
- How to Submit an Online LBTT Return
- Revenue Scotland LBTT: Guide for Paying Land and Buildings Transaction Tax Online in Scotland
- How to Pay LBTT
- Revenue Scotland LBTT: Guide on Paying Penalties for Late LBTT Returns in Scotland
- How to Pay a Penalty for a Late LBTT Return
- Revenue Scotland LBTT: Guide to Paying Land and Buildings Transaction Tax Online in Scotland
- How to Pay LBTT
- Revenue Scotland LBTT: Report suspected tax wrongdoing to Revenue Scotland using our secure online form.
- Reporting Suspected Wrongdoing to Revenue Scotland
- Revenue Scotland LBTT: Revenue Scotland Lease Review Returns During COVID-19: FAQs and Penalty Information
- COVID-19 Period FAQs
- Revenue Scotland LBTT: Guidance on Additional Dwelling Supplement for Land and Buildings Transaction Tax
- The Additional Dwelling Supplement (ADS) Technical Guidance
- Revenue Scotland LBTT: Guide to ADS Exemptions and Reliefs for Land and Buildings Tax
- ADS Exemptions and Reliefs
- Revenue Scotland LBTT: Understanding Effective Dates in Additional Dwelling Supplement Transactions.
- Effective Date of a Transaction
- Revenue Scotland LBTT: Overview of Additional Dwelling Supplement in Scotland’s Land and Buildings Transaction Tax.
- Additional Dwelling Supplement (ADS) Overview
- Revenue Scotland LBTT: Guide to Completing LBTT Returns and Paying Additional Dwelling Supplement (ADS)
- ADS Return, Payment and Amendments
- Revenue Scotland LBTT: Understanding ADS Rules for Multiple Property Transactions in Scotland
- ADS Rules for Particular Transactions and Buyers
- Revenue Scotland LBTT: Guide to Additional Dwelling Supplement Legislation by Revenue Scotland
- Legislation Covering Additional Dwelling Supplement (ADS)
- Revenue Scotland LBTT: Understanding the Effective Date in Land and Buildings Transaction Tax Guidance
- LBTT Effective Date Guidance
- Revenue Scotland LBTT: Understanding Land Transactions: Chargeable and Exempt Interests Explained for LBTT Guidance
- Understanding Land Transactions
- Revenue Scotland LBTT: Understanding the Effective Date in Land and Buildings Transaction Tax Guidance
- Understanding the Effective Date in LBTT
- Revenue Scotland LBTT: Guide to LBTT: Understanding Contracts, Conveyance, and Substantial Performance Rules
- LBTT Guidance on Contracts and Conveyance
- Revenue Scotland LBTT: LBTT Guidance: Contracts for Conveyance to Third Parties in Land Transactions
- LBTT Guidance on Third Party Conveyance Contracts
- Revenue Scotland LBTT: LBTT Guidance on Options and Pre-emption Rights Explained
- LBTT Guidance on Options and Rights of Pre-emption
- Revenue Scotland LBTT: Guide to Determining Notifiable and Chargeable LBTT Transactions in Scotland
- Understanding LBTT Transaction Flowchart
- Revenue Scotland LBTT: Understanding the Relevant Date in LBTT Transactions by Revenue Scotland
- Understanding the Relevant Date in LBTT
- Revenue Scotland LBTT: Understanding Debt in Chargeable Consideration for Land Transactions in Scotland
- Principles of Debt as Chargeable Consideration
- Revenue Scotland LBTT: Understanding Chargeable Consideration in LBTT Transactions: A Guide by Revenue Scotland
- Principles of Chargeable Consideration in LBTT Transactions
- Revenue Scotland LBTT: Understanding Market Value in Land and Buildings Transaction Tax Guidance
- Understanding Market Value in LBTT
- Revenue Scotland LBTT: Understanding LBTT Exemptions and Reliefs: Chapter 3 Guidance from Revenue Scotland
- LBTT Exemptions and Reliefs
- Revenue Scotland LBTT: Guide on LBTT Exemptions for Land and Buildings Transactions in Scotland
- Exempt Transactions Under LBTT
- Revenue Scotland LBTT: Guide to LBTT Tax Reliefs and Exemptions by Revenue Scotland
- Overview of LBTT Reliefs
- Revenue Scotland LBTT: Understanding Green Freeports and Their Tax Reliefs in Scotland
- Green Freeports Overview
- Revenue Scotland LBTT: Guide to LBTT Returns and Tax Payment for Notifiable Land Transactions
- LBTT Guidance on Notifiable Land Transactions
- Revenue Scotland LBTT: Guidance on LBTT Returns for Linked Transactions in Scotland
- LBTT Return Guidance for Linked Transactions
- Revenue Scotland LBTT: Guidance on Deferring LBTT Payment for Contingent or Uncertain Consideration
- Principles and Concepts of Deferring LBTT Payment
- Revenue Scotland LBTT: Guidance on LBTT return when contingency ends or consideration becomes known.
- LBTT Return Guidance
- Revenue Scotland LBTT: Understanding Land and Buildings Transaction Tax in Scotland: Rates, Exemptions, and Filing Requirements.
- Land and Buildings Transaction Tax
- Revenue Scotland LBTT: Guide to Completing ‘About the Property’ Section in Online LBTT Return
- About the Property Section
- Revenue Scotland LBTT: Guide to Completing ‘About the Transaction’ Section in Online LBTT Return Form
- About the Transaction
- Revenue Scotland LBTT: Guide to Land and Buildings Transaction Tax Legislation by Revenue Scotland
- Introduction to LBTT Legislation Guidance
- Revenue Scotland LBTT: Understanding Land and Buildings Transaction Tax: A Guide by Revenue Scotland
- Principles and Concepts of LBTT
- Revenue Scotland LBTT: Understanding LBTT: Acquisition and Disposal of Chargeable Interest Explained
- Principles of LBTT Acquisition and Disposal
- Revenue Scotland LBTT: Understanding Chargeable Consideration in Land Transactions: LBTT Guidance and Key Components
- Principles of Chargeable Consideration in Land Transactions
- Revenue Scotland LBTT: Understanding LBTT: Items Excluded from Chargeable Consideration in Land Transactions
- LBTT2009 – What is Not Chargeable Consideration
- Revenue Scotland LBTT: Guidance on Submitting Further LBTT Returns When Relief is Withdrawn
- LBTT Guidance on Further LBTT Return
- Revenue Scotland LBTT: Guide to LBTT Tax Payment and Return for Non-Lease Land Transactions
- LBTT Payment and Return Guidance
- Revenue Scotland LBTT: Understanding Non-Residential and Mixed Property for LBTT Transactions Guidance
- Understanding Non-Residential Property for LBTT
- Revenue Scotland LBTT: Guide to LBTT Rules for Specific Transactions and Bodies in Scotland
- Principles and Concepts of LBTT Legislation Guidance
- Revenue Scotland LBTT: Guidance on Land and Buildings Transaction Tax for Land Exchanges in Scotland
- LBTT Guidance on Land Exchanges
- Revenue Scotland LBTT: Guidance on LBTT for Companies and Organisations in Scotland
- LBTT Guidance for Companies and Organisations
- Revenue Scotland LBTT: Guidance on LBTT Rules for Companies in Liquidation or Administration
- LBTT Guidance for Companies in Liquidation or Administration
- Revenue Scotland LBTT: LBTT Guidance for Unit Trust Schemes by Revenue Scotland
- LBTT Guidance on Unit Trust Schemes
- Revenue Scotland LBTT: Understanding LBTT Rules for Representatives in Property Transactions in Scotland
- Principles and Concepts of LBTT for Representatives
- Revenue Scotland LBTT: LBTT Guidance for Industrial and Provident Societies by Revenue Scotland
- LBTT Guidance on Industrial and Provident Societies
- Revenue Scotland LBTT: Guidance on LBTT Rules for Connected Persons in Scotland
- Connected Persons under LBTT(S)A 2013
- Revenue Scotland LBTT: Comprehensive Guidance on Lease Transactions for Land and Buildings Tax in Scotland
- Lease Transactions Technical Guidance
- Revenue Scotland LBTT: Explore detailed guidance on lease transactions and LBTT legislation from Revenue Scotland.
- Lease Transactions Technical Guidance
- Revenue Scotland LBTT: Scottish Budget Changes: LBTT Lease Transaction Rates and Bands Updated from February 2020
- LBTT6040 – Scottish Budget Transitional Arrangements
- Revenue Scotland LBTT: Understanding LBTT6050: Transitional Provisions for Lease Transactions in Scotland. Explore detailed guidance.
- LBTT6050 – Transitional Provisions
- Revenue Scotland LBTT: Guide to LBTT Legislation: Understanding Partnerships in Chapter 7
- Introduction to LBTT Legislation for Partnerships
- Revenue Scotland LBTT: LBTT Guidance: Partnership Rules and Continuity Explained by Revenue Scotland
- General Rules About the Treatment of Partnerships
- Revenue Scotland LBTT: Understanding LBTT: Partnership Property, Shares, and Chargeable Interest Transfers Explained
- LBTT7003 – Interpretation
- Revenue Scotland LBTT: Guidance on LBTT for Ordinary Partnership Transactions in Scotland
- LBTT Guidance on Ordinary Partnership Transactions
- Revenue Scotland LBTT: LBTT Guidance: Transferring Chargeable Interest to Partnerships Explained in Detail
- LBTT Guidance on Partnership Transfers
- Revenue Scotland LBTT: Guidance on LBTT for Partnership Interest Transfers During Land Transactions
- LBTT Guidance on Partnership Interest Transfer
- Revenue Scotland LBTT: Guidance on LBTT for partnerships withdrawing money after transferring chargeable interest.
- LBTT Guidance on Partnership Withdrawals
- Revenue Scotland LBTT: Guidance on LBTT for transferring interests from partnerships to partners or connected individuals.
- LBTT Guidance on Partnership Transfers
- Revenue Scotland LBTT: Guidance on LBTT for transferring chargeable interests between partnerships in Scotland.
- Transfer of Chargeable Interest Between Partnerships
- Revenue Scotland LBTT: Guidance on LBTT for Lease Transfers in Partnerships by Revenue Scotland
- LBTT Guidance on Partnership Transfers Involving Leases
- Revenue Scotland LBTT: LBTT Guidance for Property Investment Partnerships in Scotland
- LBTT Guidance on Property Investment Partnerships
- Revenue Scotland LBTT: Guidance on LBTT exemptions, reliefs, and notifications for land transactions involving partnerships.
- LBTT Guidance for Partnerships
- Revenue Scotland LBTT: Introduction to LBTT Legislation: Understanding Trusts and Settlements in Scotland
- Introduction to LBTT and Trusts
- Revenue Scotland LBTT: Understanding LBTT Guidance for Bare Trusts in Scotland
- LBTT Guidance on Bare Trusts
- Revenue Scotland LBTT: Guidance on LBTT for Trusts and Settlements by Revenue Scotland
- LBTT Guidance on Trusts that are Settlements
- Revenue Scotland LBTT: Guide to Record Keeping for Land and Buildings Transaction Tax Compliance
- Principles of Record Keeping for LBTT
- Revenue Scotland LBTT: Guidance on Required Record Keeping for Land and Buildings Transaction Tax Compliance
- LBTT Record Keeping Requirements
- Revenue Scotland LBTT: Guidance on Record Retention for Land and Buildings Transaction Tax Compliance
- LBTT Record Keeping Duration
- Revenue Scotland LBTT: Guidance on Preserving and Producing Records for LBTT Compliance in Scotland
- Preserving and Producing Records for LBTT
- Revenue Scotland LBTT: Comprehensive Guide to Lease Transactions and LBTT Regulations in Scotland
- Lease Transactions Technical Guidance
- Revenue Scotland LBTT: Guide to Land and Building Transactions Tax for Non-Residential Leases in Scotland
- LBTT and Lease Transactions
- Revenue Scotland LBTT: Understanding Substantial Performance in Lease Transactions: Key Concepts and Rules Explained
- Substantial Performance in Lease Transactions
- Revenue Scotland LBTT: Understanding Chargeable Consideration for Lease Transactions Under LBTT Guidelines
- Principles of Chargeable Consideration for Lease Transactions
- Revenue Scotland LBTT: Understanding Non-Chargeable Consideration in LBTT: Tenant Obligations Explained by Revenue Scotland
- Non-Chargeable Consideration for LBTT
- Revenue Scotland LBTT: Guide to Calculating Tax on Lease Transactions in Scotland
- Principles of Tax Calculation on Lease Transactions
- Revenue Scotland LBTT: Guidance on Notifiable Lease Transactions and LBTT Return Requirements in Scotland
- LBTT6006 – Notification Guidance
- Revenue Scotland LBTT: LBTT Three-Yearly Lease Review: Tax Implications and Requirements Explained
- LBTT Three-Yearly Review Principles
- Revenue Scotland LBTT: Guide on LBTT Returns for Lease Assignation in Scotland
- Assignation of a Lease
- Revenue Scotland LBTT: LBTT Lease Termination: Obligations for Original Tenants to Submit Further Returns
- Termination of a Lease
- Revenue Scotland LBTT: Guidance on Lease Transactions for Connected Companies Under LBTT Rules
- LBTT6011 – Connected Companies
- Revenue Scotland LBTT: Understanding Lease Variations and Chargeable Events Under Scots Law Guidance
- Principles and Concepts of Lease Variations under Scots Law
- Revenue Scotland LBTT: Scottish Budget Changes Affecting Lease Transactions from February 2020
- LBTT6040 – Scottish Budget Transitional Arrangements
- Revenue Scotland LBTT: Understanding LBTT6050 Transitional Provisions for Lease Transactions in Scotland: A Comprehensive Guide
- LBTT6050 – Transitional Provisions
- Revenue Scotland LBTT: Guide to Multiple Dwellings Relief for Land and Buildings Transaction Tax in Scotland
- Multiple Dwellings Relief Guidance
- Revenue Scotland LBTT: Guidance on Multiple Dwellings Relief for Land and Buildings Transaction Tax in Scotland.
- Multiple Dwellings Relief Technical Guidance
- Revenue Scotland LBTT: Guide to Calculating Multiple Dwellings Relief for Land and Buildings Transaction Tax in Scotland.
- Calculating Multiple Dwellings Relief
- Revenue Scotland LBTT: Guide to Claiming Multiple Dwellings Relief for Land and Buildings Transaction Tax
- Claiming Multiple Dwellings Relief
- Revenue Scotland LBTT: Understanding Multiple Dwellings Relief: Key Terms and Legislation Guidance from Revenue Scotland
- Multiple Dwellings Relief Key Terms
- Revenue Scotland LBTT: Guidance on Land and Buildings Transaction Tax for Residential and Non-Residential Properties
- Residential/Non-Residential Technical Guidance
- Revenue Scotland LBTT: Understanding Residential Property Transactions for Land and Buildings Transaction Tax Guidance
- Residential Property Transactions
- Revenue Scotland LBTT: Understanding Mixed Transactions for Land and Buildings Transaction Tax in Scotland
- Mixed Transactions and LBTT
- Revenue Scotland LBTT: Understanding Non-Residential Property Transactions for Land and Buildings Tax in Scotland
- Non-Residential Transactions
- Revenue Scotland LBTT: Guide to Legislation Covering Residential and Non-Residential Transactions in Scotland
- Legislation for Residential/Non-Residential Transactions
- Revenue Scotland LBTT: Guidance on Submitting and Amending LBTT Returns for Residential and Non-Residential Properties.
- Making a Return – Residential / Non-Residential
- Revenue Scotland LBTT: Explore Land and Buildings Transaction Tax with detailed worked examples from Revenue Scotland.
- Worked Examples – LBTT
- Revenue Scotland LBTT: Latest LBTT Guidance and Portal Updates from Revenue Scotland Available Online
- LBTT Updates Overview
- Revenue Scotland LBTT: Understanding Lease Rates and LBTT for Non-Residential Properties in Scotland
- Lease Rates and Bands
- Revenue Scotland LBTT: Submit Lease Review Returns Every Three Years to Revenue Scotland
- Lease Review Returns
- Revenue Scotland LBTT: Guide for Submitting Lease Returns and Reviews for Agents and Tenants
- Submitting a Lease Return or Review
- Revenue Scotland LBTT: Comprehensive Guide on Lease Transactions and Land Buildings Transaction Tax in Scotland
- Lease Transactions Technical Guidance
- Revenue Scotland LBTT: Guide on LBTT Returns for Assigned Leases in Scotland
- Assignation of a Lease
- Revenue Scotland LBTT: Guidance on Notifiable Lease Transactions and LBTT Returns in Scotland
- LBTT6006 – Notification Guidance
- Revenue Scotland LBTT: Comprehensive Guidance on Lease Transactions and Land Buildings Transaction Tax in Scotland
- Lease Transactions Technical Guidance
- Revenue Scotland LBTT: Guidance on LBTT Returns for Linked Transactions in Scotland
- LBTT Return Guidance for Linked Transactions
- Revenue Scotland LBTT: Understanding LBTT for Non-Residential Property Transactions in Scotland
- Non-Residential Property Tax Principles
- Revenue Scotland LBTT: Download Paper LBTT Forms for Land and Buildings Transaction Tax in Scotland.
- Land and Buildings Transaction Tax (LBTT) Forms
- Revenue Scotland LBTT: Guide to Completing Paper LBTT Return Forms for Manual Submissions in Scotland
- Paper LBTT Return Forms
- Revenue Scotland LBTT: Guide to Registering and Managing User Accounts for Land and Buildings Transaction Tax
- Register and Manage User Accounts
- Revenue Scotland LBTT: Roles and Responsibilities of SETS Account Administrators Explained
- Account Administrator Role and Responsibilities
- Revenue Scotland LBTT: Manage User Accounts and Permissions on SETS: A Guide for Administrators
- Managing User Accounts on SETS
- Revenue Scotland LBTT: Register Your Organisation to Submit LBTT Online with Revenue Scotland Guidance
- Registering to Submit LBTT Online
- Revenue Scotland LBTT: Understanding Land and Buildings Transaction Tax for Residential Properties in Scotland
- Land and Buildings Transaction Tax (LBTT) for Residential Property
- Revenue Scotland LBTT: Understanding Residential Property Transactions for Land and Buildings Tax in Scotland
- Principles of Residential Property Transactions
- Revenue Scotland LBTT: Understanding LBTT for Mixed Residential and Non-Residential Transactions in Scotland
- Mixed Transactions and LBTT
- Revenue Scotland LBTT: Understanding Non-Residential Property Transactions: Guidance from Revenue Scotland on LBTT Regulations
- Non-Residential Transactions
- Revenue Scotland LBTT: Guide to Scottish Land and Buildings Transaction Tax Legislation
- Legislation Overview
- Revenue Scotland LBTT: LBTT Return Guidance for Residential and Non-Residential Properties
- Making a Return – Residential / Non-Residential
- Revenue Scotland LBTT: Guidance on Revenue Scotland’s Correction of Claims Not in Tax Returns
- Principles and Concepts of RSTP7008
- Revenue Scotland LBTT: Guidance on appealing decisions from the Upper Tribunal for Scotland under RSTPA 2014.
- Onward Appeal from Upper Tribunal for Scotland
- Revenue Scotland LBTT: Revenue Scotland Guidance on Amending Tax Returns During Enquiries
- Revenue Scotland’s Amendment of Tax Returns During an Enquiry
- Revenue Scotland LBTT: Guidance on Revenue Scotland’s power to issue determinations for late tax returns.
- Revenue Scotland Determination Guidance
- Revenue Scotland LBTT: Guidance on Revenue Scotland’s Assessment Powers Under RSTPA 2014 Legislation
- Revenue Scotland Assessment Guidance
- Revenue Scotland LBTT: Revenue Scotland’s Authority to Correct Obvious Tax Return Errors and Omissions
- Revenue Scotland Correction Guidance
- Revenue Scotland LBTT: Guidance on Information Notices by Revenue Scotland: RSTPA Overview
- Principles and Concepts of RSTP2002 Information Notices
- Revenue Scotland LBTT: Guidance on Revenue Scotland’s Information Notices and Required Document Production Rules
- General Rules of Information Notices
- Revenue Scotland LBTT: Guidance on Taxpayer Information Notices under RSTPA 2014 by Revenue Scotland
- RSTPA Guidance on Taxpayer Information Notice
- Revenue Scotland LBTT: Guidance on Third Party Information Notice Under RSTPA by Revenue Scotland
- Principles and Concepts of Third Party Information Notices
- Revenue Scotland LBTT: Guidance on Identity Unknown Information Notices under RSTPA
- RSTP2006 – Identity Unknown Notice
- Revenue Scotland LBTT: Guidance on Identification Information Notices under Revenue Scotland Act 2014
- Principles and Concepts of Identification Information Notices
- Revenue Scotland LBTT: Guidance on Tribunal Approval for Taxpayer or Third Party Notices in Scotland
- Tribunal Approval of Taxpayer or Third Party Notice
- Revenue Scotland LBTT: Guidance on RSTPA Information Notice Restrictions by Revenue Scotland
- RSTP2009 – Information Notices: Restrictions
- Revenue Scotland LBTT: Guidance on Complying with Information Notices under RSTPA 2017
- Complying with an Information Notice
- Revenue Scotland LBTT: Guidance on Legal Consequences for Concealing or Destroying Documents Under RSTPA Regulations
- Consequences of Concealing, Destroying or Disposing of Documents
- Revenue Scotland LBTT: Guidance on Revenue Scotland’s Inspection Powers Under RSTPA Legislation
- Overview of RSTPA Guidance on Revenue Scotland’s Powers of Inspection
- Revenue Scotland LBTT: Guidance on Inspecting Business Premises Under Revenue Scotland and Tax Powers Act
- Inspection of Business Premises
- Revenue Scotland LBTT: Guidance on Inspecting Business Premises of Involved Third Parties in Scotland
- Inspection of Business Premises of an Involved Third Party
- Revenue Scotland LBTT: Guidance on Inspecting Business Premises Under Revenue Scotland Tax Powers Act
- Principles and Concepts of Business Premises Inspection
- Revenue Scotland LBTT: Revenue Scotland’s Enhanced Powers for Business Premises Inspections
- Extra Powers for Inspection of Business Premises
- Revenue Scotland LBTT: Guidance on Home-Based Business Inspections Under RSTPA 2014 by Revenue Scotland
- Inspection of Home-Based Businesses
- Revenue Scotland LBTT: Guidance on Inspecting Premises for Valuation Under RSTPA 2014 Regulations
- Inspection of Premises for Valuation
- Revenue Scotland LBTT: Guidance on Tribunal Approval for Inspections Under Revenue Scotland Act 2014
- Tribunal Approval for Inspection
- Revenue Scotland LBTT: Guidance on Obstructing Officers During Inspections Under RSTPA 2014
- Cooperation or Obstruction at an Inspection
- Revenue Scotland LBTT: Revenue Scotland’s Inspection Powers: Guidance on Information and Document Handling During Inspections
- Information and Document Powers at an Inspection
- Revenue Scotland LBTT: RSTPA Guidance: Understanding General Meanings in Revenue Scotland Legislation
- RSTPA General Meanings
- Revenue Scotland LBTT: Understanding Tax Position: Guidance from Revenue Scotland on RSTPA 2014 Definitions and Implications
- Understanding ‘Tax Position’ under RSTPA
- Revenue Scotland LBTT: Understanding Statutory Records: Guidance from Revenue Scotland on RSTPA Compliance
- Principles and Concepts of Statutory Records
- Revenue Scotland LBTT: Understanding ‘Provide Information’ Under RSTPA 2014: Guidance from Revenue Scotland
- RSTP2031 – Meaning of ‘Provide Information’
- Revenue Scotland LBTT: Guidance on ‘Produce Documents’ Under Revenue Scotland and Tax Powers Act 2014
- Principles and Concepts of ‘Produce Documents’
- Revenue Scotland LBTT: Understanding ‘Enter’ in Revenue Scotland and Tax Powers Act Guidance
- Understanding the Term ‘Enter’ in RSTPA
- Revenue Scotland LBTT: Guidance on ‘Inspect’ Under Revenue Scotland and Tax Powers Act
- Principles and Concepts of ‘Inspect’ in RSTPA
- Revenue Scotland LBTT: Understanding ‘Premises’ and ‘Business Premises’ in Revenue Scotland Guidance
- Understanding ‘Premises’ and ‘Business Premises’
- Revenue Scotland LBTT: Understanding ‘Carrying on a Business’ Under Revenue Scotland Tax Powers Act Guidance
- Understanding ‘Carrying on a Business’
- Revenue Scotland LBTT: Understanding ‘Business Assets’ in RSTPA Guidance by Revenue Scotland
- Understanding ‘Business Assets’
- Revenue Scotland LBTT: Understanding ‘Business Documents’ Under RSTPA Guidance by Revenue Scotland
- Understanding ‘Business Documents’ in RSTPA
- Revenue Scotland LBTT: Revenue Scotland’s Guidance on Discretionary Powers for Penalties
- Revenue Scotland Discretionary Powers in Relation to Penalties
- Guidance on Interest for Repayments by Revenue Scotland Under RSTPA 2014
- Interest on Repayments by Revenue Scotland
- Guide to Land and Buildings Transaction Tax in Scotland by Revenue Scotland.
- Land and Buildings Transaction Tax Overview
- Explore Paper LBTT Forms for Land and Buildings Transaction Tax Guidance.
- Land and Buildings Transaction Tax (LBTT) Forms
- Download Paper LBTT Return Forms for Manual Submissions at Revenue Scotland.
- Paper LBTT Return Forms
- Guide to Land and Buildings Transaction Tax in Scotland by Revenue Scotland
- Land and Buildings Transaction Tax Overview
- Guide to Land and Buildings Transaction Tax in Scotland by Revenue Scotland
- Land and Buildings Transaction Tax
- Guide to Submitting, Amending, and Paying LBTT with Revenue Scotland
- Submitting, Amending, and Paying LBTT
- Guide to Amending Your Land and Buildings Transaction Tax Return Online
- Amending an LBTT Return
- Guide to Submitting, Amending, or Paying LBTT with Revenue Scotland
- Submitting, Amending, or Paying LBTT
- Guidance for Submitting Online LBTT Returns via Revenue Scotland Website
- Guidance on Submitting an Online LBTT Return
- Guide to Completing ‘About the Buyer’ Section for LBTT Returns
- About the Buyer Section
- Guide to Completing the ‘About the Calculation’ Section of LBTT Online Return
- About the Calculation
- Guide to Completing ‘About the Transaction’ Section in Online LBTT Return
- About the Transaction
- Guide to Submitting LBTT Returns Online via Revenue Scotland Portal
- Introduction to the Online LBTT Return Portal
- Download Paper LBTT Return Forms for Manual Submissions in Scotland
- Paper LBTT Return Forms
- Guide to Paying Land and Buildings Transaction Tax Online
- How to Pay LBTT
- Guide to Land and Buildings Transaction Tax Legislation by Revenue Scotland
- LBTT Legislation Guidance
- Understanding Chargeable Consideration in LBTT Transactions: Chapter 2 Guidance Overview
- Principles of Chargeable Consideration in LBTT Transactions
- Understanding Chargeable Consideration in Land Transactions: LBTT Guidance and Key Components
- Understanding Chargeable Consideration
- Understanding Debt’s Role in Land Transaction Tax Calculations in Scotland
- Debt as Chargeable Consideration in LBTT
- Guidance on LBTT and the Impact of Works on Chargeable Consideration
- Principles and Concepts of LBTT and Carrying Out of Works
- Guidance on LBTT for Contingent, Uncertain, or Unascertained Consideration in Land Transactions
- Principles of LBTT on Contingent, Uncertain, or Unascertained Consideration
- Guidance on Annuities in Land Transactions for LBTT Consideration
- LBTT Guidance on Annuities
- Guidance on LBTT chargeable consideration for transactions with connected companies in Scotland.
- Deemed Market Value in Transactions with Connected Companies
- LBTT Guidance on Linked Transactions and Chargeable Consideration in Land Deals
- LBTT Guidance on Linked Transactions
- LBTT Guidance: Items Excluded from Chargeable Consideration in Land Transactions
- LBTT2009 – What is Not Chargeable Consideration
- Understanding LBTT: Partition and Division of Chargeable Interests in Land Transactions
- LBTT Guidance on Partition or Division of a Chargeable Interest
- Guidance on LBTT chargeable consideration when exemption conditions are not fully met.
- LBTT Guidance on Chargeable Consideration
- Guidance on LBTT chargeable consideration when buyer indemnifies seller in land transactions.
- LBTT Guidance on Indemnity by Buyer
- Guidance on LBTT for Buyers with Inheritance Tax Liabilities in Land Transactions
- LBTT Guidance on Inheritance Tax Liability
- Guidance on LBTT for Buyers with Capital Gains Tax Liability
- LBTT Guidance on Chargeable Consideration
- Guidance on LBTT for Transactions Involving Public and Educational Bodies in Scotland
- LBTT2015 – Arrangements Involving Public or Educational Bodies
- Understanding Market Value for Land Transactions: LBTT Guidance from Revenue Scotland
- Understanding LBTT and Market Value
- Guide to Exempt Land Transactions Under LBTT by Revenue Scotland
- LBTT Exempt Transactions
- Guidance on LBTT Exemption for Property Gifting Without Chargeable Consideration
- LBTT Exemption for No Chargeable Consideration
- Guidance on LBTT Exemption for Crown-Associated Acquisitions by Individuals or Bodies
- LBTT Exemption for Crown Acquisitions
- Technical Guidance on Lease Transactions for Land and Buildings Tax in Scotland
- Lease Transactions Technical Guidance
- Guide on LBTT Exemption for Land Transactions During Divorce Proceedings in Scotland
- LBTT Exemption for Divorce-Related Transactions
- Guidance on LBTT Exemptions for Civil Partnership Dissolution Transactions in Scotland
- LBTT Exemption for Civil Partnership Dissolution
- Guidance on LBTT Exemption for Assent and Appropriations in Wills or Intestacy
- LBTT Exemption for Assent and Appropriations
- Guidance on LBTT exemption for changing will beneficiaries in Scotland.
- LBTT Guidance on Testamentary Dispositions
- LBTT Guidance: When Alternative Finance Bond Relief Is Unavailable Upon Asset Control Acquisition
- LBTT3023 – Alternative Finance Investment Bonds Relief Unavailability
- LBTT Guidance on Sale and Leaseback Relief from Revenue Scotland
- LBTT3011 – Sale and Leaseback Relief
- Guidance on LBTT tax relief for house builders in part exchange transactions.
- LBTT3012 – Part Exchange Relief
- Guidance on LBTT tax relief for property traders buying homes from house builders.
- LBTT3013 – Property Trader Purchase Relief
- Guidance on LBTT relief for property traders preventing transaction chain breakdowns.
- LBTT Relief for Property Traders
- Guide to Multiple Dwellings Relief under Land and Buildings Transaction Tax.
- Multiple Dwellings Relief Technical Guidance
- LBTT Relief for Registered Social Landlords: Tax Benefits for Certain Property Acquisitions
- LBTT Relief for Registered Social Landlords
- LBTT Guidance on Tax Relief for Alternative Property Finance Arrangements
- Alternative Property Finance Relief
- LBTT Guidance on Tax Relief for Alternative Property Finance Involving Leases
- Alternative Property Finance Relief
- Guidance on LBTT tax relief for joint property purchases with financial institutions.
- Alternative Property Finance Relief
- Guidance on LBTT tax relief for property transactions involving financial institutions.
- Alternative Property Finance Relief
- Guidance on LBTT tax relief for alternative finance investment bonds in Scotland.
- LBTT Relief for Alternative Finance Investment Bonds
- LBTT Guidance on Relief for Substituted Alternative Finance Investment Bonds
- LBTT3022 – Alternative Finance Investment Bond Relief
- Guidance on LBTT relief unavailability for alternative finance bonds acquiring asset control.
- LBTT3023 – Alternative Finance Investment Bonds Relief Unavailability
- Guidance on Tax Relief for Crofting Community Right to Buy Purchases
- LBTT3024 – Crofting Community Right to Buy
- Guidance on LBTT group relief for transactions between affiliated companies.
- LBTT Group Relief Principles
- Guidance on Withdrawal of Group Relief for Land and Buildings Transaction Tax
- Withdrawal of Group Relief
- Guidance on LBTT Group Relief: Situations Where Relief Isn’t Withdrawn
- Principles of Non-Withdrawal of Group Relief
- Guidance on Recovering Group Relief for Withdrawn or Partially Withdrawn LBTT Benefits
- Principles and Concepts of LBTT Group Relief Recovery
- Guide to LBTT Reconstruction and Acquisition Reliefs by Revenue Scotland
- Overview of LBTT Guidance on Reconstruction and Acquisition Relief
- Guidance on LBTT Reconstruction Relief for Company Acquisitions in Scotland
- LBTT3030 – Reconstruction Relief
- Guidance on LBTT acquisition relief for company undertakings involving land or buildings transfers.
- Acquisition Relief under LBTT
- Guidance on Withdrawal of Reconstruction or Acquisition Relief for LBTT Transactions
- Withdrawal of Reconstruction or Acquisition Relief
- Guidance on LBTT relief recovery when reconstruction or acquisition relief is withdrawn.
- Recovery of Reconstruction or Acquisition Relief
- Guidance on LBTT tax relief for transferring interests to limited liability partnerships.
- LBTT Relief for LLP Incorporation
- Guidance on LBTT tax relief for charities in land transactions.
- Charities Relief under LBTT
- Guidance on LBTT tax relief for land transactions involving friendly societies in Scotland.
- LBTT3036 – Friendly Societies Relief
- LBTT Tax Relief Guidance for Building Societies’ Land Transactions in Scotland
- LBTT3037 – Building Societies Relief
- Relief for Local Authorities on LBTT for Compulsory Purchase Acquisitions
- Relief for Local Authorities on Certain Acquisitions
- Guidance on LBTT tax relief for developers meeting planning obligations for community amenities.
- LBTT Relief for Planning Obligations
- Guidance on LBTT Tax Relief for Public Bodies During Statutory Reorganisation
- LBTT3040 – Public Bodies Relief
- Guidance on LBTT tax relief for visiting forces and international military headquarters.
- LBTT Relief for Visiting Forces and International Military Headquarters
- Guidance on LBTT tax relief for property transactions satisfying tax obligations.
- LBTT Relief for Property Accepted in Satisfaction of Tax
- LBTT Guidance on Tax Relief for Lighthouse Land Transactions in Scotland
- LBTT3043 – Lighthouses Relief Guidance
- Guidance on LBTT tax relief for sub-sale development transactions in Scotland.
- LBTT Sub-sale Development Relief
- Guide to LBTT Relief for Open-ended Investment Companies in Scotland
- Open-ended Investment Companies (OEICs) Relief
- Understanding Land Transactions: Chargeable and Exempt Interests Explained for LBTT Guidance
- Understanding Land Transactions
- Understanding the Effective Date in Land and Buildings Transaction Tax Guidance
- Understanding the Effective Date in LBTT
- LBTT Guidance on Contracts and Conveyance: Rules on Substantial Performance and Completion
- LBTT Guidance on Contracts and Conveyance
- Guidance on LBTT contracts involving third-party conveyance in land transactions.
- Principles and Concepts of LBTT Contracts
- LBTT Guidance on Options and Pre-emption Rights Explained by Revenue Scotland
- LBTT Guidance on Options and Rights of Pre-emption
- Guide to Record Keeping for Land and Buildings Transaction Tax Compliance
- Principles of Record Keeping for LBTT
- Guidance on Record Keeping for Land and Buildings Transaction Tax Compliance
- LBTT Record Keeping Guidance
- Guidance on Record Retention for Land and Buildings Transaction Tax Compliance
- Principles of Record Keeping for LBTT
- Comprehensive Guidance on Lease Transactions and LBTT Legislation by Revenue Scotland
- Lease Transactions Technical Guidance
- Comprehensive Guide on Lease Transactions and LBTT Regulations by Revenue Scotland
- Lease Transactions Technical Guidance
- Comprehensive Guide on Lease Transactions and LBTT Legislation by Revenue Scotland
- Lease Transactions Technical Guidance
- Guide to Determining Chargeable Consideration for Lease Transactions Under LBTT Regulations
- Principles of Chargeable Consideration for Lease Transactions
- LBTT Lease Notification Guidance: Determine Notifiability and Submit Returns
- LBTT6006 – Notification
- Comprehensive Guidance on Lease Transactions and LBTT Legislation in Scotland
- Lease Transactions Technical Guidance
- Three-Yearly LBTT Review: Understanding Tax Changes for Lease Transactions in Scotland
- Three-Yearly Review of Tax Chargeable
- Comprehensive Guide to Lease Transactions and LBTT Legislation by Revenue Scotland
- Lease Transactions Technical Guidance
- Understanding Substantial Performance Rules in Lease Transactions Guidance by Revenue Scotland
- Substantial Performance in Lease Transactions
- Understanding Substantial Performance Rules in Lease Transactions Guidance
- Substantial Performance in Lease Transactions
- Understanding Substantial Performance Rules in Lease Transactions Guidance by Revenue Scotland
- Substantial Performance in Lease Transactions
- Understanding Lease Variations and Chargeable Events Under Scots Law Guidance
- Principles and Concepts of Lease Variations under Scots Law
- LBTT Lease Notification Guidance: Determine Notifiability and Return Requirements
- LBTT6006 – Notification
- Guide on Effective and Relevant Lease Dates by Revenue Scotland
- Effective and Relevant Dates for a Lease
- Guidance on LBTT for Land Exchanges in Scotland
- LBTT Guidance on Land Exchanges
- LBTT Guidance for Unit Trust Schemes Explained by Revenue Scotland
- LBTT Guidance on Unit Trust Schemes
- Guide to LBTT Chapter 7: Understanding Partnerships in Land Transactions
- Introduction to Chapter 7 of the LBTT Legislation Guidance
- Understanding LBTT: Partnership Property, Shares, and Chargeable Interest Transfers
- LBTT Interpretation Guidance
- Guidance on LBTT for Ordinary Partnership Transactions in Scotland
- LBTT Guidance on Ordinary Partnership Transactions
- LBTT Guidance: Transferring Chargeable Interests to Partnerships in Scotland
- LBTT Guidance on Partnership Transfers
- Guidance on Partnership Interest Transfer Under Land and Buildings Transaction Tax
- Transfer of Partnership Interest and LBTT
- Guidance on LBTT for transferring interests from partnerships to partners or connected individuals.
- Principles of LBTT Transfer from Partnership
- Guidance on LBTT for Transferring Chargeable Interests Between Partnerships
- LBTT Guidance on Chargeable Interest Transfer Between Partnerships
- Guidance on Land and Buildings Transaction Tax for Property Investment Partnerships
- LBTT Guidance on Property Investment Partnerships
- Guidance on Notifiable Land Transactions for LBTT Compliance in Scotland
- LBTT Notifiable Transactions Guidance
- Guidance on LBTT Return Obligations and Situations Requiring Additional Submissions
- LBTT Return Guidance
- Guidance on LBTT tax payment liabilities for joint buyers, partners, and trustees.
- LBTT Payment Liability Guidance
- Guide to Amending Land and Buildings Transaction Tax Returns in Scotland
- Amending an LBTT Return
- LBTT Return and Payment Required Before Title Registration in Scotland Guidance
- LBTT Return and Title Registration
- Guidance on Satisfactory LBTT Payment Arrangements for Revenue Scotland Compliance
- Principles and Concepts of LBTT Payment Arrangements
- Understanding Land and Buildings Transaction Tax for Residential Properties in Scotland
- Land and Buildings Transaction Tax (LBTT) Overview
- Understanding Residential Property Transactions for Land and Buildings Tax Guidance
- Residential Property Transactions
- Guidance on LBTT for mixed-use properties, including residential and non-residential transactions.
- Mixed Transactions and LBTT
- Understanding Non-Residential Property Transactions: Guidance from Revenue Scotland on LBTT4012
- Non-Residential Transactions
- Understanding Non-Residential and Mixed Property for LBTT Transactions Guidance
- Understanding Non-Residential Property for LBTT
- Guidance on Calculating Tax for Linked Transactions Under LBTT Regulations
- Principles of Calculating Tax for Linked Transactions
- Guidance on LBTT Returns for Linked Transactions in Scotland
- LBTT Return Guidance for Linked Transactions
- Guidance on Deferring LBTT Payment for Contingent or Uncertain Consideration
- Application to Defer Payment of LBTT
- Guidance on Deferring LBTT Payment for Contingent or Uncertain Considerations
- Deferral of LBTT Payment Guidance
- Guidance on Deferring Land and Buildings Transaction Tax Payments in Scotland
- Principles of Deferring LBTT Payment
- Guidance on Deferring LBTT Payment for Contingent or Uncertain Consideration
- Acceptance of Application for Deferral of Payment
- Guidance on LBTT Deferral Application Refusals by Revenue Scotland
- Refusal of Application for Deferral of LBTT Payment
- Guidance on LBTT returns when contingent considerations become certain, including submission requirements.
- LBTT Return Guidance
- Guidance on Submitting Further LBTT Returns When Relief is Withdrawn
- LBTT Guidance on Further Returns
- Understanding Trusts in LBTT Legislation: Guidance on Bare Trusts and Settlements
- Introduction to Trusts in LBTT Legislation
- LBTT Worked Examples: Comprehensive Guidance on Land and Buildings Transaction Tax
- Worked Examples – LBTT
- Revenue Scotland LBTT Guidance Updates and Online Portal Enhancements Explained
- LBTT Updates Overview
- Understanding Lease Rates and LBTT for Non-Residential Properties in Scotland
- Lease Rates and Bands
- Understanding Land and Buildings Transaction Tax for Residential Properties in Scotland
- Land and Buildings Transaction Tax (LBTT) Overview
- Calculate LBTT for Lease Transactions Using Scottish Parliament Rates and Bands
- LBTT on Lease Transactions Calculator
- Guidance on LBTT Tax Relief for First-Time Home Buyers in Scotland
- First-Time Buyer Relief Guidance
- Guidance on LBTT and Works Impacting Chargeable Consideration in Land Transactions
- Principles of Chargeable Consideration for Works
- Understanding Contingent and Uncertain Consideration in Land Transactions: LBTT Guidance
- Principles of Contingent, Uncertain, or Unascertained Consideration
- Guidance on LBTT chargeable consideration for transactions with connected companies in Scotland.
- Principles and Concepts of LBTT Deemed Market Value
- Guidance on Linked Transactions for Land and Buildings Transaction Tax
- LBTT Guidance on Linked Transactions
- Guidance on LBTT Exemption for Property Gifts Without Chargeable Consideration
- LBTT Exemption for No Chargeable Consideration
- LBTT Exemption for Land Transactions During Divorce Explained by Revenue Scotland
- LBTT Exemption for Divorce-Related Transactions
- Guidance on LBTT relief for property traders buying homes from new homebuyers.
- LBTT3013 – Property Trader Purchase Relief
- Guidance on LBTT relief for property traders preventing transaction chain breakdowns.
- LBTT Relief for Property Traders
- Guide on LBTT relief for registered social landlords, covering tax exemptions and public subsidies.
- LBTT Relief for Registered Social Landlords
- Guidance on LBTT tax relief for charities in land transactions in Scotland.
- Charities Relief in LBTT
- Relief from Land and Buildings Transaction Tax for Local Authority Acquisitions
- Relief for Certain Acquisitions by Local Authorities
- Guidance on LBTT tax relief for sub-sale development transactions in Scotland.
- LBTT Sub-sale Development Relief
- First-Time Buyer Tax Relief Guidance from Revenue Scotland
- First-Time Buyer Relief
- Guidance on Notifiable Land Transactions for Land and Buildings Transaction Tax
- LBTT Notifiable Transactions Guidance
- Guidance on LBTT Return Requirements and Situations for Further Returns
- LBTT Return Guidance
- Guide to Amending Land and Buildings Transaction Tax Returns in Scotland
- Amending an LBTT Return
- Guidance on Calculating Tax for Linked Transactions Under LBTT Regulations
- Calculating the Amount of Tax Chargeable: Linked Transactions
- Guidance on Deferring LBTT Payment for Contingent or Uncertain Consideration
- Application to Defer Payment of LBTT
- Guidance on LBTT Returns for Contingency or Consideration Changes in Property Transactions
- LBTT Return for Contingency or Ascertained Consideration
- LBTT Guidance: Understanding Tax Rates and Bands for Lease Transactions in Scotland
- LBTT Tax Rates and Bands for Leases
- Guidance on Partitioning Chargeable Interests for Land and Buildings Transaction Tax
- LBTT Guidance on Partition or Division
- Understanding LBTT Exemptions: When Conditions for Tax Relief Aren’t Fully Met
- LBTT Guidance on Chargeable Consideration
- Guidance on LBTT for Buyer Indemnity in Land Transactions
- LBTT Guidance on Indemnity Given by Buyer
- Guidance on LBTT when buyer assumes inheritance tax liability in land transactions.
- Principles and Concepts of LBTT and Inheritance Tax Liability
- Understanding LBTT When Buyer Assumes Capital Gains Tax Responsibility
- LBTT Guidance on Capital Gains Tax Liability
- Guidance on LBTT for Transactions Involving Public or Educational Bodies in Scotland
- LBTT2015 – Arrangements Involving Public or Educational Bodies
- Guidance on Annuities in Land Transactions for LBTT in Scotland
- LBTT Guidance on Annuities
- Guidance on LBTT Exemption for Crown-Associated Acquisitions by Revenue Scotland
- LBTT Exemption for Crown Acquisitions
- Guidance on LBTT Exemption for Civil Partnership Dissolution Transactions in Scotland
- LBTT Exemption for Civil Partnership Dissolution
- Guidance on LBTT exemptions for land transactions through wills or intestacy.
- LBTT Exemption for Assent and Appropriations
- Guide on LBTT Exemption for Varying Testamentary Dispositions and Intestacy Beneficiaries
- Principles and Concepts of LBTT Exemption
- Guidance on LBTT Relief for Alternative Finance Bonds with Asset Substitution
- LBTT3022 – Relief for Alternative Finance Investment Bonds
- LBTT Guidance: No Relief for Alternative Finance Bonds When Acquiring Asset Control
- LBTT Guidance on Alternative Finance Investment Bonds
- Guidance on LBTT tax relief for alternative property finance involving leases and sub-leases.
- Alternative Property Finance Relief
- Guidance on LBTT tax relief for joint property purchases with financial institutions.
- Alternative Property Finance Relief
- Guidance on LBTT tax relief for property transactions involving financial institutions and borrowers.
- Alternative Property Finance Relief
- Guidance on Withdrawal of Group Relief for Land and Buildings Transaction Tax
- Withdrawal of Group Relief
- Guidance on LBTT Group Relief: Circumstances Where Relief Is Not Withdrawn
- Principles of Non-Withdrawal of Group Relief
- Guidance on Recovering Withdrawn Group Relief for Land and Buildings Transaction Tax
- Recovery of Group Relief
- LBTT Sale and Leaseback Relief Guidance by Revenue Scotland
- LBTT Sale and Leaseback Relief
- Guidance on LBTT tax relief for house builders in part exchange transactions.
- LBTT3012 – Part Exchange Relief
- Guide on LBTT Tax Relief for Alternative Property Finance Arrangements in Scotland
- Overview of LBTT Alternative Property Finance Relief
- Guidance on LBTT tax relief for alternative finance investment bonds in Scotland.
- LBTT Relief for Alternative Finance Investment Bonds
- Guidance on Tax Relief for Crofting Community Right to Buy Purchases
- LBTT3024 – Crofting Community Right to Buy
- Guidance on LBTT group relief for transactions between related companies.
- LBTT Group Relief Guidance
- Guide to LBTT Reconstruction and Acquisition Relief in Scotland
- Overview of LBTT Reconstruction and Acquisition Relief
- Guidance on LBTT Relief for Incorporation of Limited Liability Partnerships
- LBTT Relief for LLP Incorporation
- Guidance on LBTT tax relief for land transactions involving friendly societies in Scotland.
- LBTT3036 – Friendly Societies Relief
- Guidance on LBTT Tax Relief for Building Societies Transactions in Scotland
- LBTT3037 – Building Societies Relief
- Guidance on LBTT tax relief for developers fulfilling planning authority obligations for community amenities.
- LBTT Relief for Compliance with Planning Obligations
- Guidance on LBTT tax relief for public bodies during statutory reorganisations.
- LBTT Guidance on Public Bodies Relief
- Guidance on LBTT tax relief for visiting forces and international military headquarters.
- LBTT Relief for Visiting Forces and International Military Headquarters
- Guidance on LBTT relief for property transactions satisfying tax obligations in Scotland.
- LBTT Relief for Property Accepted in Satisfaction of Tax
- LBTT Guidance: Tax Relief for Land Transactions Involving Lighthouses
- LBTT3043 – Lighthouses Relief
- Diplomatic Premises LBTT Relief Explained: Eligibility and Provisions Under Vienna Convention.
- LBTT Diplomatic Premises Relief
- LBTT Relief for International Organisation Headquarters with Diplomatic Tax Exemptions in Scotland
- LBTT Exemptions for Sovereign Bodies and International Organisations
- Guide to LBTT Relief for Open-ended Investment Companies in Scotland
- LBTT Relief for Open-ended Investment Companies
- Guidance on LBTT Reconstruction Relief for Company Acquisitions in Scotland
- LBTT3030 – Reconstruction Relief
- Guidance on LBTT acquisition relief for transferring land or buildings during company acquisitions.
- LBTT Acquisition Relief Guidance
- Understanding Withdrawal of Reconstruction or Acquisition Relief for LBTT in Scotland
- Withdrawal of Reconstruction or Acquisition Relief
- Guidance on LBTT recovery for withdrawn reconstruction or acquisition relief in Scotland.
- Recovery of Reconstruction or Acquisition Relief
- Understanding Lease Dates: Key Information for Land and Buildings Transaction Tax
- Effective and Relevant Dates for a Lease
- LBTT6050 Transitional Provisions: Guidance on Lease Transactions by Revenue Scotland
- LBTT6050 – Transitional Provisions
- Understanding LBTT: Three-Yearly Lease Tax Review and Compliance Requirements in Scotland
- Three-Yearly Review of Tax Chargeable
- Guidance on Deferring LBTT Payment for Contingent or Uncertain Considerations
- Deferral of LBTT Payment
- Guidance on Deferring Land and Buildings Transaction Tax Payment in Scotland
- LBTT Application to Defer Payment of Tax
- Guidance on Deferring LBTT Payment for Contingent or Uncertain Consideration
- Acceptance of Application for Deferral of Payment
- Guidance on Refusal of LBTT Payment Deferral Applications by Revenue Scotland
- Refusal of Application for Deferral of LBTT Payment
- LBTT Tax Payment Guidance for Joint Buyers, Partners, and Trustees
- LBTT Payment Liability Guidance
- Guidance on LBTT return and tax payment before title registration in Scotland.
- LBTT Return and Title Registration
- Guidance on Satisfactory LBTT Payment Arrangements with Revenue Scotland
- Principles and Concepts of LBTT Payment Arrangements
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