LBTT Technical Bulletin

By Technical Team on 15 Aug 2018

Revenue Scotland published a Land and Buildings Transaction Tax (LBTT) Technical Bulletin on 10 August.

This is available on the Revenue Scotland website.

The focus of the bulletin is on the recent changes to legislation including First-Time Buyers Relief, Group Relief and ‘share pledges’, and the Additional Dwelling Supplement (ADS) as well as other matters such as Three-Yearly Lease Reviews for commercial leases.

There is also a note about the next LBTT forum, which will be held in the north of Scotland in November.

Technical Team