Land and Buildings Transaction Tax 2024/25

Erscheinungsjahr 2024
ISBN: 978-1-5265-3185-8
Verlag: Bloomsbury Professional

Buch, Englisch, 400 Seiten, Paperback, Format (B × H): 156 mm x 234 mm, Gewicht: 603 g

Land and Buildings Transaction Tax 2024/25 is the only comprehensive guide to Land and Buildings Transaction Tax ('LBTT') in Scotland.

LBTT is a tax devolved to Scotland which, whilst initially based on Stamp Duty Land Tax, is different in a number of key areas. These differences are explored throughout the text.

This title provides clear and practical guidance on the general rules of LBTT and also includes:

- Background to LBTT
- Detailed coverage of many of the exemptions and reliefs from LBTT (including new sections on Green Freeports relief and changes to the Additional Dwelling Supplement for joint buyers)
- Consideration of the rules regarding leases
- The practicalities of LBTT compliance and administration
- Special rules for partnerships and trusts
- Anti-avoidance rules
- Numerous worked examples

This title has been completely reviewed and revised for 2024/25, and incorporates all of the changes in legislation to April 2024 and the impact of important LBTT Tribunal decisions - particularly in relation to the Additional Dwelling Supplement.

This is an essential guide to LBTT for practising tax specialists, solicitors and accountants.

This title is included in Bloomsbury Professional's Scottish Tax online service.

Autoren/Hrsg.

Connell, Graeme

Fachgebiete

• Rechtswissenschaften Ausländisches Recht Common Law (UK, USA, Australien u.a.)

Inhaltsverzeichnis

Chapter 1 Introduction to Land and Buildings Transaction Tax
Chapter 2 LBTT - General Rules
Chapter 3 Key Differences between LBTT and SDLT
Chapter 4 LBTT and Leases
Chapter 5 LBTT Exempt Transactions and Reliefs
Chapter 6 LBTT and Partnerships
Chapter 7 LBTT and Trusts
Chapter 8 LBTT Administration and Compliance
Chapter 9 LBTT Anti-Avoidance Rules
Appendix A Addresses, Contact Details etc
Appendix B Subordinate Legislation
Appendix C Checklist for Revenue Scotland Opinions

Über Autor(innen)

Connell, Graeme
Graeme Connell is a member of the Institute of Chartered Accountants of Scotland (ICAS) and the Charted Institute of Taxation (CIOT) and is a tax consultant based in Glasgow.