News

Important news and announcements.

2 April 2020

2 April 2020 

The Scottish Landfill Tax (Standard Rate and Lower Rate) Order 2020 has now been approved by the Scottish Parliament and came into effect on 1 April 2020. As a result, taxable disposals made or treated as made on or after 1 April 2020 will be subject to the following rates of SLfT:

25 March 2020

25 March 2020

On 19 March 2020, the Bank of England announced a 0.15% decrease in the base interest rate (now 0.10%). Revenue Scotland has amended its rates accordingly and these will take effect from Wednesday, 25 March 2020.

17 March 2020

17 March 2020

Revenue Scotland continues to closely monitor the developing COVID-19 situation. At present our operating hours remain as normal.

Further updates regarding any changes to this will be provided through the Revenue Scotland website and Twitter.

16 March 2020

17 March 2020  

On 11 March 2020 , the Bank of England announced a 0.5% decrease in the base interest rate (now 0.25%). Revenue Scotland has amended its rates accordingly and these will take effect from Tuesday, 17 March 2020.

13 March 2020

13 March 2020

Revenue Scotland has today (13 March 2020) launched a consultation on its Draft Equality Outcomes for 2020-24, outlining how the organisation will strengthen equalities in its operations both as a public service provider and employer.

11 February 2020

The Minister for Public Finance and the Digital Economy, Kate Forbes MSP, has proposed changes to LBTT rates and bands for lease transactions. The changes, announced in her Budget statement to Parliament today (6 February 2020), will take effect from 7 February 2020.

The proposals introduce a new rate of 2% payable where the net present value (NPV) of the rent payable under the lease is above £2 million.  The revised rates and bands are:

24 January 2020

24 January 2020

The City of Edinburgh has accounted for between 30 and 33 percent of residential Land and Buildings Transaction Tax (LBTT) excluding Additional Dwelling Supplement (ADS) declared due in Scotland every year since collection of the fully devolved tax began.

Since April 2015, the Scottish capital has seen LBTT (excluding ADS) declared due from residential sales at more than three times that of other local authorities, with no other region accounting for more than 9 percent in any one year.

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Last updated: 
28 January 2016