Land and Buildings Transaction Tax - Additional Dwelling Supplement legislation changes: consultation

1 Introduction

Purpose

1.1 This consultation seeks views on proposed legislative amendments to the arrangements for the Land and Buildings Transaction Tax (LBTT) Additional Dwelling Supplement (ADS). The proposals seek to amend Schedule 2A of the Land and Buildings Transaction (Scotland) Act 2012 ("the Act") and insert a new Schedule 6A to the Act.

Scope

1.2 This consultation will run for 8 weeks and offers an opportunity to comment on draft legislation. Responses are encouraged from all interested parties.

1.3 In addition to inviting written responses, the Scottish Government intends to meet with relevant stakeholders to discuss the proposed amendments.

1.4 The Scottish Government will consider carefully all responses to the consultation, prior to finalising decisions on legislation for introduction to the Scottish Parliament. Subject to the process of Parliamentary scrutiny, any changes would have prospective effect from the coming into force date of the legislation.

Background

1.5 This consultation follows on from the Scottish Government's response to the call for evidence and views on the ADS.

1.6 The call for evidence and views closed on 11 March 2022 and the Scottish Government has published its analysis of responses alongside this consultation. The response is available at http://consult.gov.scot.

1.7 Further detail and commentary on the relevant issues considered in this consultation is set out in the Scottish Government's response.