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.
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.
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.
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”
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.
SLfT guidance on the conditions that must be met before a contribution is deemed as a qualifying contributions for the purposes of the SLCF.
Terminology used in SLfT and information on exemptions
Three new members have been appointed to the Board of Scotland's tax authority, Revenue Scotland.
The appointment of previous Presiding Officer of the Scottish Parliament (2016-21) Rt Hon Ken Macintosh, digital transformation and emerging technologies expert Idong Usoro, and Robert MacIntosh, Professor of Strategic Management and Pro Vice Chancellor for Business and Law at Northumbria University, have today been announced by the Minister for Public Finance, Planning and Community Wealth, Tom Arthur.
A total self reported tax liability of £67.7m was declared by taxpayers in April 2022, £1.4m less than March 2022, and £25.3m more than April 2021.
In comparison to the previous month, residential liabilities increased by £1.1m and non-residential liabilities decreased by £2.4m.
A total of 9,890 notifiable land and building transactions were reported in April 2022, which is 30 fewer than March 2022, and 1,690 more than April 2021.
Welcome to Revenue Scotland’s Equality Mainstreaming Progress Report 2022.
In March 2020, Revenue Scotland published a four year Equalities Mainstreaming Report (our 2020 Report) summarising our commitment to equalities and our approach to achieving our equalities outcomes over the period 2020-24.
At the time of that Report, we couldn’t have known the effects that the COVID-19 pandemic would have on individuals and organisations across the globe. Our service users, services and staff have been affected too.
As public health restrictions are eased, we in Revenue Scotland have reconsidered the equality, diversity and inclusion aspirations and outcomes which we set ourselves in our 2020 Report and have decided that they hold good.
It is against that context that this Report outlines the progress we have made thus far and repeats our firm commitment to developing and embedding equality, diversity and inclusion (EDI) in our organisation’s culture and behaviours.
In our 2020 Report, we recognised that this work does not belong to a single group or network, but rather it needs to be embedded by everyone and in everything we do. That continues to be our ethos.
For my part, the role which senior leaders play in developing an inclusive culture and in striving to have equalities considerations at the heart of our operations, is one I and my senior team take seriously. That is why I am particularly pleased to make, on behalf of Revenue Scotland, the commitment asked of public bodies in relation to race equality in employment. I also welcome the introduction in our Corporate Plan for 2021 – 2024 a new Key Performance Indicator (KPI 8) expressly in relation to equalities. We are ready to be held to account.
The major elements of our 2020 Report related to our website and people strategy. Considerable progress has been made on these and other areas. This Report sets out how we have taken our equalities obligations forward across those activities, including progress with regards to our specific commitments.
We are committed to making a positive difference.
Elaine Lorimer, Chief Executive