Unlike its predecessor tax, SDLT, the LBTT regime requires tenants of Scottish commercial property to make ongoing tax assessments over the life of the lease. This represents a significant compliance burden for many businesses and their advisors.

In this webinar, the Brodies Corporate Tax & Incentives team demonstrate how the LBTT regime applies in a variety of lease transactions, and look at best practice for managing tax and compliance risks.

Topics covered:

  • Basic rules for further returns
  • Exempt leases
  • Variations, Surrenders and Regrants, Tacit Relocations
  • Assignations and the “exempt lease” trap

LBTT Leases and further returns


Isobel d'Inverno

Director of Corporate Tax