Revenue Scotland and Tax Powers Act 2014 section 161

Land and buildings transaction tax: 3 month penalty for failure to make return

Section 161 imposes a daily penalty on a person who still has not filed a land and buildings transaction tax return more than three months after the penalty date.

• The penalty applies only where the failure to file continues beyond three months after the penalty date
• The daily penalty is £10 for each day the failure continues
• The daily penalty runs for a maximum period of 90 days
• The maximum total penalty under this section is therefore £900