Land and Buildings Transaction Tax (LBTT) replaced SDLT in Scotland on 1 April 2015, and several changes were made to the taxation of commercial leases.

One significant change from SDLT is the requirement for tenants to submit multiple returns throughout the duration of the lease.

Our handy guide explains what is involved in the further returns.

Downloads
Scottish leases - three yearly LBTT (Scottish stamp duty) returns(704.38 KB)

Contributors

Isobel d'Inverno

Director of Corporate Tax

Bob Langridge

Partner