Land and Buildings Transaction Tax (Scotland) Act 2013 section Sch 11 para 35I

Recovery of amounts paid from the acquiring company

Schedule 11, paragraph 35I provides that a person who has paid tax following a recovery notice may recover that amount from the acquiring company.

• Where relief has been withdrawn and a recovery notice has been issued, the person who paid the tax may seek reimbursement.
• The right of recovery is specifically against the acquiring company involved in the transaction.
• This ensures that the financial burden ultimately falls on the company that benefited from the original relief.
• This provision supports the wider framework for clawing back reconstruction or acquisition relief when conditions are no longer met.