This relief is provided by the provisions of schedule 16B to the LBTT(S)A 2013 which is inserted by regulation 2(2)(b) of The Land and Buildings Transaction Tax (Addition and Modification of Reliefs) (Scotland) Order 2015.
Description of relief
Full relief from LBTT can be claimed in relation to certain land transactions involving property which has been accepted in satisfaction of tax and where the transaction is entered into under section 9(4) of the National Heritage Act 1980 by any of the following persons mentioned in section 9(2) of that Act, including:
- any museum, art gallery, library or other similar institution having as its purpose or one of its purposes the preservation for the public benefit of a collection of historic, artistic or scientific interest;
- anybody having as its purpose or one of its purposes the provision, improvement or preservation of amenities enjoyed or to be enjoyed by the public or the acquisition of land to be used by the public; and
- anybody having nature conservation as its purpose or one of its purposes.
Claiming the relief
To claim this relief see the guidance on 'How to make a LBTT return and pay tax' which is available separately on our website.