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

SCHEDULE 5 Multiple dwellings relief

PART 4 The relief

Calculation of relief

10 The amount of tax chargeable in relation to a relevant transaction is—

(DT × ND) + RT

where—

• DT is the tax due in relation to a dwelling,

• ND is the number of dwellings that are, or are part of, the main subject-matter of the transaction, and

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