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

SCHEDULE 5 S Multiple dwellings relief

Valid from 01/04/2015

PART 3 S Key terms

Consideration attributable to dwellings and remaining property S

7 S In relation to a relevant transaction—

(a) the consideration attributable to dwellings is so much of the chargeable consideration for the transaction as is attributable to the dwellings,

(b) the consideration attributable to remaining property is the chargeable consideration for the transaction less the consideration attributable to dwellings.