News

In his Programme for Government statement on 5 September, the First Minister Humza Yousaf, announced that the Scottish Government is pursuing the devolution of powers to introduce an Building Safety Levy in Scotland. The levy will be payable by those operating in the residential property development sector. The exact scope and structure of the levy in Scotland will be designed by the Scottish Government in due course.

The Scottish Landfill Tax (Standard Rate and Lower Rate) Order 2023 has now been approved by the Scottish Parliament and came into effect on 1 April 2023. As a result, taxable disposals made or treated as made on or after 1 April 2023 will be subject to the following rates of SLfT:

Revenue Scotland has decided to remove the 12 month authority to act time limit to allow us to provide a more efficient service to our taxpayers and agents. From 19 March 2023, the 12 month authority to act limit for all future tax returns received will no longer be applicable. Agents will retain authorisation status unless we are notified by either the taxpayer or the agent. Conveyance tax returns submitted prior to 19 March 2023

Following a recent review of Land and Buildings Transaction Tax - Additional Dwelling Supplement, The Scottish Government have published proposed legislative changes in a consultation and are inviting responses from all interested parties. Views sought on exemptions. Councils would no longer pay a tax on additional properties when supported by the Scottish Government to buy properties for affordable housing stock, under proposals in a new consultation.

This is Revenue Scotland’s fifth annual statistics publication summarising trends in the devolved taxes. The publication generally covers the period from 1 April 2015 to 31 March 2022. In some cases, for brevity, data are only presented for the latest five years. Older data for most figures and tables can be found in our previous annual publications.

15 December 2022 The Scottish Government has today announced as part of its 2023 to 2024 Scottish Budget that the rate of Additional Dwelling Supplement (ADS) will increase to 6%. The revised rate will apply to contracts entered into on or after 16 December 2022. For contracts entered into on or before 15 December the previous rate of 4% will apply.  Revenue Scotland will update the SETS system and its online guidance and calculators in advance of the rate change coming into effect.

10 November 2022 Revenue Scotland has today (10 November) published its Annual Reports and Accounts 2021-22.

A Scottish Government consultation has begun to inform future legislation on a replacement for the UK Aggregates Levy; collection and management of the devolved tax will be administered by Revenue Scotland.  The levy is payable when newly quarried products like sand or rock are used for commercial purposes including housebuilding, infrastructure and landscaping. The Scottish Government intends the Scottish Aggregates Levy will support the circular economy by encouraging use of recycled aggregates in the construction industry and supporting innovation.