Revenue Scotland has received a number of queries following a recent decision of The First-tier Tribunal for Scotland Tax Chamber . This decision raises complex questions in relation to the relevant legislation.
Revenue Scotland has sought permission to appeal the Tribunal’s decision.
In the meantime, Revenue Scotland will continue to operate in accordance with its existing guidance: LBTT6050 - Transitional provisions | Revenue Scotland.
The Scottish Government, who are responsible for any decisions regarding changes to the Land and Buildings Transaction Tax legislation, are also considering the implications of the decision.
We will provide a further update to this statement when we are informed of a hearing date for the appeal.