However, this should be part of a wider restructuring of LBTT, as stamp duty is now known in Scotland. First-time buyers face shoogly step onto Scotland's housing ladder Since April 2016, buyers who already own property have been forced to pay a three-per-cent Additional Dwelling Supplement...
Commercial tenants holding leases entered into since land and building transaction tax (LBTT) was introduced in Scotland are subject to additional obligations to submit regular returns to Revenue Scotland to ensure that they pay tax in line with the actual rent paid....
Scotland's new tax authority, Revenue Scotland, went live on 1 April and tax returns for the Land and Buildings Transaction Tax (LBTT) and Scottish Landfill Tax (SLFT) can now be filed online. LBTT and SLFT replaced Stamp Duty Land Tax and UK landfill tax respectively from 1 April and...