LBTT Penalties: submitting or paying late
Find out when and why late submission penalties, late payment penalties and interest could be charged and actions to take if you disagree.
- Penalties for submitting your tax return late
- Penalties for paying your tax late
- Pay a penalty
- Ask for a review or appeal against a penalty
Penalties for late submission
You may have to pay a penalty if you fail to submit an LBTT tax return on time.
If your return is received late it will depend on how late it is that determines which penalties may be applied. The table below indicates the amounts that we could potentially charge if we have not received your return in the respective periods.
|
Late submission |
Penalty |
|---|---|
|
Return not received by submission date |
£100 |
|
Return not received for more than 3 months after submission date |
£10 per day for up to 90 days |
|
Return not received for more than 6 months |
Extra £300 or 5% of any unpaid tax, whichever is greater |
|
Another £300; or 5% of any unpaid tax, whichever is greater |
For more information see RSTP3006 - Penalties for failing to make LBTT return on time.
Penalties for late payment of tax
You may receive a penalty if you fail to pay the total amount of tax due on your return when your return is submitted.
Penalties for late LBTT payments
|
Late Payment |
Penalty |
|---|---|
|
First late payment penalty Tax not paid within 30 days of the date it is due to be paid * |
5% of outstanding tax |
|
Second late payment penalty Tax not paid within 5 months of first late payment penalty date |
5% of outstanding tax |
|
Third late payment penalty Tax not paid within 11 months of first late payment penalty date |
5% of outstanding tax |
For more information see RSTP3009 - Penalties for failing to pay LBTT on time.
Pay a penalty
You must pay within 30 days of getting a penalty notice, otherwise you will be charged daily interest.
Ask for a review or appeal against a penalty
If you disagree with the penalty imposed you have a statutory right to:
- request a Review
- appeal to The Scottish Tribunals
You do not have to request a review in order to proceed directly with an appeal to the tribunal. If you have requested a review and you are not satisfied with the outcome of it, you can still appeal to the tribunal.
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