Land and Buildings Transaction Tax (Scotland) Act 2013 Schedule 5 paragraph 1

Introduction to multiple dwellings relief

Schedule 5, paragraph 1 introduces the schedule that provides relief from LBTT when a land transaction involves more than one dwelling, and sets out how the schedule is organised.

• Schedule 5 provides a specific LBTT relief for transactions involving multiple dwellings purchased together.
• The schedule identifies which transactions qualify, defines the key terms used, and describes the relief available when a claim is made.
• Provisions are included for circumstances in which the relief may be withdrawn after it has been claimed.
• The schedule also contains rules for determining what counts as a dwelling for the purposes of the relief.