Important news and announcements.

7 November 2017

On 2 November 2017, the Bank of England announced a 0.25% increase in the base interest rate. Revenue Scotland has amended its rates accordingly and these will take effect from Wednesday 8 November. Updated information is available in online guidance documents 4002, 4003 and 4004.

26 September 2017

Scotland’s tax authority collected over £630m in Land and Buildings Transaction Tax (LBTT) and Scottish Landfill Tax (SLfT) for the Scottish Consolidated Fund during 2016-17, an increase of £61m compared to 2015-16.

The combined total of LBTT and SLfT collected since Revenue Scotland began operating also exceeded £1bn.

The figures were revealed in the tax authority’s annual reports and accounts which were published today (Tuesday 26th September).

7 September 2017

The Cabinet Secretary for Finance and the Constitution, Derek Mackay, today announced the reappointment of Ian Tait, Jane Ryder and Lynn Bradley to the Board of Revenue Scotland.

Mr Mackay said: “The reappointments means that the board members are in a position to continue the good work that they started when the organisation was set up.

14 October 2016

Revenue Scotland has revised its view on the application of Schedule 13 of the Land and Buildings Transaction Tax (Scotland) Act 2013 (‘LBTTA’) to cases where a charity is one of a number of buyers who are or will become common owners.  We now accept that Charities relief from LBTT may be claimed for the charity’s (or charities’) pro indiviso share(s) of the relevant land transaction.

22 September 2016

Following the close of the SLfT consultation on waste fines, we have now published an analysis of the responses and the new ‘waste fines’ section of legislative guidance. This new section of guidance will implement the conditions set out by The Scottish Landfill Tax (Qualifying Material) Order 2016, and will come into force from 1 October 2016.

8 September 2016

Revenue Scotland has collected £572m in its first full year of operation.

Scotland’s devolved tax authority, which is responsible for the administration and collection of Land and Building Transaction Tax (LBTT) and Scottish Landfill Tax (SLfT), revealed the total revenue raised when it published its 2015-2016 annual report and financial statements today. The revenue collected is transferred to the Scottish Consolidated Fund to support the delivery of public services in Scotland.

30 August 2016

Revenue Scotland would like to remind agents of their responsibilities in respect to Arrangements Satisfactory for LBTT. Transactions for residential properties with a chargeable consideration of £40,000 and over will require an LBTT return to be made, even if no tax is due.  Full details on which land transactions are notifiable for LBTT purposes and which are not can be found at LBTT4003

8 August 2016

On 4 August 2016, the Bank of England announced a 0.25% decrease in the base interest rate. With effect from 10 August 2016, we have amended our rates accordingly. Please visit our penalties and interest pages for more information.


Last updated: 
28 January 2016