Revenue Scotland has revised its view on the application of Schedule 13 of the Land and Buildings Transaction Tax (Scotland) Act 2013 (‘LBTTA’) to cases where a charity is one of a number of buyers who are or will become common owners. We now accept that Charities relief from LBTT may be claimed for the charity’s (or charities’) pro indiviso share(s) of the relevant land transaction.
Following the close of the SLfT consultation on waste fines, we have now published an analysis of the responses and the new ‘waste fines’ section of legislative guidance. This new section of guidance will implement the conditions set out by The Scottish Landfill Tax (Qualifying Material) Order 2016, and will come into force from 1 October 2016.
Revenue Scotland has collected £572m in its first full year of operation.
Scotland’s devolved tax authority, which is responsible for the administration and collection of Land and Building Transaction Tax (LBTT) and Scottish Landfill Tax (SLfT), revealed the total revenue raised when it published its 2015-2016 annual report and financial statements today. The revenue collected is transferred to the Scottish Consolidated Fund to support the delivery of public services in Scotland.
Revenue Scotland would like to remind agents of their responsibilities in respect to Arrangements Satisfactory for LBTT. Transactions for residential properties with a chargeable consideration of £40,000 and over will require an LBTT return to be made, even if no tax is due. Full details on which land transactions are notifiable for LBTT purposes and which are not can be found at LBTT4003”
On 4 August 2016, the Bank of England announced a 0.25% decrease in the base interest rate. With effect from 10 August 2016, we have amended our rates accordingly. Please visit our penalties and interest pages for more information.
Terminology used in SLfT and information on exemptions
As a Board member for Revenue Scotland you will be part of a dynamic team, helping to fund Scotland’s public services through the collection and management of devolved taxes.
The Minister for Public Finance wishes to appoint two new Board members and is looking for individuals to help deliver our strategic ambitions. 2025 will be our 10-year anniversary and we are looking for individuals who see the bigger picture, and have the strategic vision, governance and leadership skills to support us to be the very best we can be as an organisation.
£14.4 million in Scottish Landfill Tax (SLfT) was declared payable for the latest quarter, July to September 2024 (Q2, 2024/25). Total standard rate tonnage was 144,700 and total lower rate tonnage was 150,900.
The total SLfT declared due in Q2 of 2024/25 is the lowest of any Q2. This is consistent with the long-term trend for declining SLfT declared due, resulting from the decreasing tonnage of standard rate taxable waste.
The tonnage of both standard and lower rate waste this quarter were also the lowest of any Q2. They were higher than Q3 and Q4 of the previous year, but the second halves of a year tend to see lower amounts of waste landfilled.
25 operators provided returns for the latest quarter, covering 44 sites. Note that some sites may submit a nil return some quarters. Operators are liable to submit a return until they are de-registered
Note - to make the information in this publication more accessible to users, charts and additional commentary have been added, as well as some formatting changes (for example, to support the use of assistive technology such as screen reader software). If you have any comments regarding these changes or the overall publication, please contact us at: statistics@revenue.scot
The Scottish Government has today announced as part of its 2025 to 2026 Scottish Budget that the rate of Additional Dwelling Supplement (ADS) will increase to 8%. The revised rate will apply to contracts entered into on or after 5 December 2024. For contracts entered into on or before 4 December the previous rate of 6% will apply.
Revenue Scotland has updated the SETS system and its online guidance and calculators in advance of the rate change coming into effect.