Land and Buildings Transaction Tax (Scotland) Act 2013 (asp 11)

SCHEDULE 19 S Leases

Valid from 01/04/2015

PART 1 S Introductory

Calculation of tax chargeable where chargeable consideration includes rent S

2 S Where the chargeable consideration for a chargeable transaction to which this schedule applies consists of rent (or includes rent and chargeable consideration other than rent), the tax chargeable is the sum of—

(a) any tax chargeable on so much of the chargeable consideration as consists of rent, and

(b) any tax chargeable on so much of the chargeable consideration other than rent.