Annual Report and Accounts 2023-24 - Devolved Taxes Accounts

Foreword

Welcome to the Revenue Scotland ‘Annual Report and Accounts for the Devolved Taxes for 2023-24’. 

Revenue Scotland is responsible for the collection and management of Scotland’s devolved taxes – currently Land and Buildings Transaction Tax (LBTT) and Scottish Landfill Tax (SLfT). Amounts received from the collection of the devolved taxes, less any permitted deductions, are paid into the Scottish Consolidated Fund in accordance with the Revenue Scotland and Tax Powers Act 2014 (RSTPA).

Opportunity to become a co-opted member of the Revenue Scotland’s Audit and Risk Committee and Staffing and Equalities Committee

Dear Applicant,

Are you looking to learn how a public body operates and have ambitions to become a future non-executive Board member? Do you have relevant experience to contribute to discussions and decision making which will assist in its ongoing development and success?

Aidan O’Carroll, Chair, reappointed to the Revenue Scotland Board

We are pleased to confirm that Aidan O’Carroll has been reappointed as Chair of the Revenue Scotland Board by Ivan McKee MSP, Minister for Public Finance.

Aidan O’Carroll has been Revenue Scotland Chair since August 2021, where his extensive experience has helped to give insights into wider regulatory trends, organisational transformations as well as being a leadership mentor, which are of great value to Revenue Scotland. 

Designation of the Forth Green Freeport tax sites

On 22 May 2024, a Statutory Instrument was laid to designate tax sites for the Green Freeport Relief in relation to the Forth Green Freeport.

These regulations will come into effect on 12 June 2024. 

 The Designation of Special Tax Sites (Forth Green Freeport) Regulations 2024 (legislation.gov.uk) can be viewed on legislation.gov.uk. 

The designated tax sites for the Forth Green Freeport are:

Corporate Plan 2024-2027

Introduction

We are delighted to present our Corporate Plan for 2024-27.

This Corporate Plan sets out our aspirations for the future, with a focus on four strategic outcomes which underpin our priorities for the next three years: Operational Excellence, Investing in our People, Working with Others and Expanding Horizons.

Revenue Scotland - Equalities Mainstreaming report 2024-2028

Foreword

In Revenue Scotland, we strive for equality, diversity, and inclusion to be part of our DNA. We want to create a culture where we truly celebrate our diversity, embrace our inclusivity, and achieve better equality for everyone.


That is why we set ourselves targeted equality outcomes to guide our efforts from 2020-2024 to continue to embed equality across all of Revenue Scotland’s activities as both a service provider and employer.

Designation of the Inverness and Cromarty Green Freeport Tax Sites

On 18 March 2024, a Statutory Instrument was laid to designate tax sites for the Green Freeport Relief in relation to the Inverness and Cromarty Firth Green Freeport.

These regulations will come into effect on 8 April 2024. 

The Designation of Special Tax Sites (Inverness and Cromarty Firth Green Freeport) Regulations 2024 (legislation.gov.uk) can be viewed on legislation.gov.uk. 

The designated tax sites for the Inverness and Cromarty Firth Green Freeport are:

Land and Buildings Transaction Tax (LBTT) changes from 1 April 2024

Land and Buildings Transaction Tax (LBTT) legislative changes 

From 1 April 2024, a new LBTT relief for local authority purchases will be introduced. Changes will also be made to the way in which the Additional Dwelling Supplement (ADS) is applied, for transactions with an effective date on or after 1 April 2024. 

The effective date in the majority of cases will be the date the transaction is completed. 
Please note: changes are not retrospective.

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