Revenue Scotland

The Scottish Government has launched a consultation on a new devolved tax that it said will encourage greater use of recycled and other sustainable materials by the construction industry. A replacement for the UK Aggregates Levy, the Scottish Aggregates Levy would be payable when newly qua

David Melhuish A seasonal upturn in property market activity has delivered a £57 million boost to Scottish Government revenues, generating the third highest monthly return since the Land and Buildings Transaction Tax (LBTT) was introduced.

Revenue Scotland has updated its guidance, systems and processes to allow First-Time Buyer Relief to be claimed from 30 June 2018. The updates follow the changes to the Land and Buildings Transaction Tax (Scotland) Act 2013 introduced by The Land and Buildings Transaction Tax (First-Time Buyer Relie

David Melhuish The returns for the Scottish Government’s Land and Building Transaction Tax (LBTT) returns in February 2017 generated the lowest LBTT revenue of any other month in 2016/17, official figures have shown.

A new tax which changes the way people pay duty on house purchases has come into effect in Scotland today. The Land and Buildings Transaction Tax (LBTT) replaces UK stamp duty under new devolved powers contained in the Scotland Act 2012.