Land and Buildings Transaction Tax (Scotland) Act 2013 schedule 17 paragraph 8

Responsibility of partners for LBTT obligations

Paragraph 8 of schedule 17 establishes that all responsible partners share the obligation to fulfil LBTT requirements when a partnership is the buyer in a land transaction.

• Any LBTT obligation or entitlement that applies to the buyer in a partnership transaction applies to all responsible partners collectively.
• Responsible partners include everyone who was a partner at the effective date of the transaction.
• Anyone who joins the partnership after the effective date also becomes a responsible partner for that transaction.
• These rules are subject to the provisions on representative partners, which allow certain partners to act on behalf of all responsible partners.