Scottish LBTT additional dwelling supplement

Revenue Scotland has added new guidance on making land and buildings transaction tax (LBTT) returns for the additional dwelling supplement to its website. The guidance has been updated to include material on how to make returns for LBTT transactions that include payment of the supplement. Following royal assent to the Land and Buildings Transaction Tax (Amendment) (Scotland) Act 2016 the additional dwelling supplement comes into effect for certain land transactions in Scotland from 1 April 2016. 

Revenue Scotland has also published a new version of the paper return to accommodate the supplement. See www.bit.ly/1Ts3Csb.