We have received the email below from Revenue Scotland concerning guidance on leases and the three-year leases review.
"Revenue Scotland has published a new leases section on its website which includes FAQs, revised guidance and worked examples https://www.revenue.scot/land-buildings-transaction-tax/leases.
It also includes information about the three-year review of LBTT which is introduced on 1 April 2018.
We will be shortly be posting some new videos about the three-year leases review on our YouTube channel including a general overview video and step-by-step guidance on how to submit a lease return.
Please share this information with your colleagues and stakeholders.
If you have any queries, please contact info [at] revenue.scot"