Changes to Entrepreneurs‚ Relief
‚ Following passage of the LBTT (Amendment) (Scotland) Bill in Parliament last week (Tuesday 8 March), Revenue Scotland has today published the legislative guidance for the LBTT Additional Dwelling Supplement. The guidance is available as a download on the Revenue Scotland website for the time being, and we will be web-enabling the guidance over the course of the next couple of weeks. In addition to this, we will also be publishing updated ‚ How To‚ Guidance, which will incorporate information for assisting those agents and taxpayers making online and manual returns where the Additional Dwelling Supplement applies. This will be available in the week leading up to our updated forms going live (at implementation, which is 1 April, subject to Royal Assent).
Please do note the download will not be updated once our web-enabled guidance is available, and should therefore only be used in the interim period until that is published.
Might I also take this opportunity to remind you of the webinar that is scheduled to take place on 24 March, details of which are available on our Eventbrite page.‚