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

SCHEDULE 4 Relief for certain acquisitions of residential property

PART 2 Acquisition by house-building company from individual acquiring new dwelling

Partial relief

3 Where qualifying conditions (a) to (d) but not (e) are met, the chargeable consideration for the acquisition is taken to be the amount calculated by deducting the market value of the permitted area from the market value of the old dwelling.