Land and Buildings Transaction Tax (Scotland) Act 2013 section Schedule 5 paragraph 9

Interest in a dwelling

Schedule 5, paragraph 9 defines what is meant by an "interest in a dwelling" for the purposes of the additional dwelling supplement provisions.

• This paragraph provides a definition used throughout Schedule 5 of the Act.
• An "interest in a dwelling" means any chargeable interest in or over a dwelling.
• A chargeable interest includes ownership, a lease, or any other right over the property that falls within the scope of LBTT.
• This broad definition ensures that all types of legal interests in dwellings are captured when determining whether the additional dwelling supplement applies.