The Land and Buildings Transaction Tax (Green Freeports Relief) (Scotland) Order, SSI 2023/280, inserts new Sch 16D into the Land and Buildings Transaction Tax (Scotland) Act 2013 to provide for relief from LBTT for eligible transactions within a green freeport designated tax site. The order came into force on 1 October 2023, and tax relief applies for transactions during the period beginning with that date and ending on 30 September 2028.
The Land and Buildings Transaction Tax (Green Freeports Relief) (Scotland) Order, SSI 2023/280, inserts new Sch 16D into the Land and Buildings Transaction Tax (Scotland) Act 2013 to provide for relief from LBTT for eligible transactions within a green freeport designated tax site. The order came into force on 1 October 2023, and tax relief applies for transactions during the period beginning with that date and ending on 30 September 2028.
