2Consequential amendments

1

In the Land and Buildings Transaction Tax (Scotland) Act 2013—

a

in section 25(3) (amount of tax chargeable), before paragraph (a) insert—

za

schedule 2A (additional amount: transactions relating to second homes etc.),

b

in section 26(4) (amount of tax chargeable: linked transactions), before paragraph (a) insert—

za

schedule 2A (additional amount: transactions relating to second homes etc.),

c

in section 68 (subordinate legislation)—

i

in subsection (2), after paragraph (j) insert—

ja

paragraph 19(3) or (4) of schedule 2A,

ii

for subsection (5) substitute—

5

The order is an order under—

a

section 24(1),

b

paragraph 19(1) or (2) of schedule 2A, or

c

paragraph 3 of schedule 19.

d

in schedule 5 (multiple dwellings relief)—

i

in paragraph 10, after “relevant transaction” insert “ other than one to which schedule 2A applies ”,

ii

after paragraph 10 insert—

10A

The amount of tax chargeable in relation to a relevant transaction to which schedule 2A applies is—

ΣDT+RTmath

where—

DT is the tax due in relation to each dwelling that is, or is part of, the main subject-matter of the transaction, and

RT is the tax due in relation to the remaining property.

iii

in paragraph 11, after “DT x ND” insert “ or, as the case may be, ΣDT ”,

iv

in paragraph 13, after Step 3 insert— “ Step 4 In the case of a relevant transaction to which schedule 2A applies, carry out Step 3 (taking account of any relief applicable to the transaction under paragraph 9 of that schedule) in relation to each dwelling that is, or is part of, the main subject-matter of the transaction to find the tax due in relation to each dwelling. ”.

2

In section 108(3) of the Revenue Scotland and Tax Powers Act 2014 (claim for repayment if order changing tax basis not approved), in column 1 of the table, in the entry for the LBTT(S) Act 2013, after paragraph (a) insert—

aa

an order under paragraph 19(1) or (2) of schedule 2A,