On 2 August 2018, the Bank of England announced a 0.25% increase in the base interest rate (now 0.75%). Revenue Scotland has amended its rates accordingly and these will take effect from today (Wednesday 8 August). Updated information is available in online guidance documents 4002, 4003 and 4004. In addition, Revenue Scotland has updated its LBTT Penalties and Interest Factsheet.
Revenue Scotland amends interest rates in line with Bank of England announcement
8 August 2018