LBTT6030 - Lease Worked Examples
The following worked examples complement the LBTT legislation guidance on leases which is available separately on the Revenue Scotland website.
The reference numbers at the beginning of each worked example, e.g. ‘LBTTXYYY’, refer to relevant part of the legislation guidance.
- General
-
Effective and relevant dates for a lease
LBTT6002
- Lease reviews
-
LBTT6014
Three-year review - more tax payable
LBTT6014
Three-year review - less tax payable
LBTT6014
Three-year review - no further tax payable
LBTT6014
Three-year review - Extension to term
LBTT6014
Three-year review - Tacit relocation
LBTT6014
Reviewing a lease upon assignation
LBTT6017
Reviewing a lease upon termination
LBTT6017
- Transitional leases
-
Transitional lease - variation to increase rent
LBTT6001
Transitional lease - variation to extend the term
LBTT6001
Transitional lease - variation to increase to rent and term
LBTT6001
LBTT6001
Transitional lease – expiry of lease (“tacit relocation”)
LBTT6001
LBTT6001
Transitional lease - variation making a previously non-chargeable lease chargeable
LBTT6001