Land and Buildings Transaction Tax (Scotland) Act 2013 schedule 2A paragraph 8B

Extended repayment period for the additional dwelling supplement (ADS) during the coronavirus period

Schedule 2A paragraph 8B extends the time limit for claiming a repayment of the additional dwelling supplement from 18 months to 36 months for transactions with an effective date between 24 September 2018 and 24 March 2020.

• This provision applies to transactions that attracted the additional dwelling supplement (ADS) under the rules for second homes and additional properties.
• It covers transactions where the effective date falls within the period from 24 September 2018 to 24 March 2020 inclusive.
• The normal 18-month deadline for selling a previous main residence and claiming a repayment of the ADS is doubled to 36 months for these transactions.
• This extension was introduced by the Coronavirus (Scotland) (No.2) Act 2020 to provide relief to buyers affected by the pandemic who had not yet been able to sell their former home.