Land and Buildings Transaction Tax (Scotland) Act 2013 section 33

Further return where relief withdrawn

Section 33 requires a buyer to submit a further LBTT return to Revenue Scotland when a relief that was previously claimed on a land transaction is subsequently withdrawn.

• When any of seven specified LBTT reliefs are withdrawn (wholly or partly), the buyer must file a further return with Revenue Scotland.
• The further return must include a self-assessment of the amount of LBTT now chargeable, based on the information in that return.
• The return must be submitted within 30 days, starting the day after the event that triggered the withdrawal of relief.
• The triggering event varies depending on the type of relief withdrawn — for example, a change of company control for reconstruction or acquisition relief, or a disqualifying event for charities relief.

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