Draft regulations have been laid before the Scottish Parliament that amend s 161 of the Revenue Scotland and Tax Powers Act 2014 to provide that a daily penalty related to the land and buildings transaction tax (LBTT) returns can be charged by Revenue Scotland through a single penalty assessment notice in Scotland. This amendment responds to decisions by the Upper Tribunal for Scotland in Begbies Traynor (Central) LLP [2019] UT 35 and Harrison and Another [2019] UT 36. The regulations come into force on the day after they are made.
Draft regulations have been laid before the Scottish Parliament that amend s 161 of the Revenue Scotland and Tax Powers Act 2014 to provide that a daily penalty related to the land and buildings transaction tax (LBTT) returns can be charged by Revenue Scotland through a single penalty assessment notice in Scotland. This amendment responds to decisions by the Upper Tribunal for Scotland in Begbies Traynor (Central) LLP [2019] UT 35 and Harrison and Another [2019] UT 36. The regulations come into force on the day after they are made.
