Land and Buildings Transaction Tax: First-Time Buyer Relief consultation analysis

1. Introduction

This report presents an overview of findings from the analysis of responses to the Scottish Government's consultation on the Proposed Land and Buildings Transaction Tax ( LBTT) First-time Buyers Relief and associated draft Land and Buildings Transaction Tax (First-Time Buyer Relief) (Scotland) Order 2018. In addition, it sets out the Scottish Government's response to the consultation and intended approach for the relief.

The Scottish Government would like to thank all respondents for their contributions.

As the Cabinet Secretary for Finance and the Constitution had already signaled his intent to introduce the relief, by announcement as part of the 2018-19 Budget, the consultation did not seek views on whether or not the relief should be introduced or on the £175,000 threshold which will be set. Therefore, responses pertaining to these issues have not been considered as part of this report.

Similarly, this report does not take into account any comments raised in relation to other aspects of devolved tax legislation or other policy areas, such as the supply of housing stock or provision of affordable housing.

Where permission has been given, responses will be published in full on the Scottish Government Consultation Hub website. An Equalities Impact Assessment record will also be published online.