Land and Buildings Transaction Tax (Scotland) Act 2013 section 29

Duty to make return

Section 29 sets out the obligation on the buyer to submit a tax return in respect of a notifiable land and buildings transaction in Scotland.

• The buyer in any notifiable transaction must submit a return to Revenue Scotland (the Tax Authority).
• Where the transaction is chargeable to LBTT, the return must include a self-assessment of the tax due based on the information provided.
• The return must be submitted within 30 days, starting from the day after the effective date of the transaction.
• The effective date is generally the date of completion, though in some circumstances it may be earlier.