Land and Buildings Transaction Tax (Scotland) Act 2013 Schedule 13 paragraph 1

Charities relief

Schedule 13 paragraph 1 establishes that land transactions where the buyer is a charity are exempt from Land and Buildings Transaction Tax, provided certain qualifying conditions are satisfied.

• A land transaction may be fully exempt from LBTT where the buyer is a charity
• The exemption is not automatic — specific qualifying conditions must be met
• The qualifying conditions are set out elsewhere in Schedule 13
• This relief applies to the charge to tax in its entirety, not merely a reduction