Scottish Taxes


The Chartered Institute of Taxation (CIOT) have sent comments to the COVID-19 Committee of the Scottish Parliament, in respect of their consultation on the Coronavirus (Scotland) (No. 2) Bill. 

The Scottish Government has introduced legislation to the Scottish Parliament that will extend the period for eligible property buyers to claim a refund of the Additional Dwelling Supplement (ADS) of Land and Buildings Transaction Tax (LBTT).

Some house buyers could miss out on being able to claim a refund for a property tax charge if they have been unable to sell their old home because of the COVID-19 pandemic, the Chartered Institute of Taxation (CIOT) has said.

The Chartered Insitute of Taxation (CIOT) respond to the interim report of the Devolved Taxes Legislation Working Group.

Revenue Scotland, the Scottish tax authority responsible for Land and Buildings Transaction Tax and Scottish Landfill Tax, has made a number of alterations to its operations in response to the developing COVID-19 pandemic.

The Scottish Government are circulating letters from the Cabinet Secretary for Finance Ms Forbes – they set out the upcoming changes to non-domestic rates in Scotland.

Today’s Scottish Budget means that higher earners will continue to pay more in tax than their counterparts elsewhere in the UK, while lower earners continue to be slightly better off north of the border.

The Scottish Government will publish its draft Budget next week, setting out how it plans to use its devolved tax powers in the coming financial year.

By Alexander Garden, chair of the CIOT's Scottish Technical Committee

This article was originally published in the Thunderer column of the Times (Scottish edition) and can be viewed here.

Since its publication, both the Conservatives and Labour have said that, if elected, they will publish a UK Budget in February 2020.

One unintended casualty of Britain’s Brexit impasse has been Scotland’s budget process. In recent years a November budget at Westminster would be followed by Holyrood’s in December. Then there would be two to three months of parliamentary scrutiny before it became law for the start of the new tax year in April.

Scotland’s political parties have been setting out how their approaches to tax and dropping hints on what we may see at the next Scottish Parliament elections in 18 months’ time.