Land and Buildings Transaction Tax (Scotland) Act 2013 Schedule 4 paragraph 26A

Additional amount of tax under Schedule 2A

Schedule 4 paragraph 26A directs the reader to Schedule 2A, which contains the rules for calculating an additional amount of tax that applies to certain chargeable transactions.

• An additional amount of LBTT may be chargeable on certain qualifying transactions
• The detailed rules for this additional tax are set out in Schedule 2A of the Act
• This paragraph serves as a signpost, linking the main tax calculation provisions in Schedule 4 to the supplementary rules in Schedule 2A
• The additional amount applies only to specific categories of chargeable transaction as defined in Schedule 2A