Land and Buildings Transaction Tax (Scottish stamp duty) and leases

Download our guide on Land and Buildings Transaction Tax (LBTT) which replaced Stamp Duty Land Tax (SDLT) on transactions involving land in Scotland from 1 April 2015. 

The LBTT regime for leases is significantly different from the SDLT regime. Revenue Scotland (the devolved Scottish tax authority) administers LBTT in Scotland. HMRC has no jurisdiction over LBTT, and LBTT lease returns have to be notified to Revenue Scotland.