01 Feb 2016

The Tax Committee has responded to recent consultations on proposed surcharges to stamp duty land tax (SDLT) and land and buildings transaction tax (LBTT) on additional residential property. The governments propose for the changes to take effect for purchases from 1 April 2016.

  • Response to HM Treasury consultation: Higher rates of SDLT on purchases of additional residential properties
  • Response to Scottish Government call for evidence: Proposed LBTT supplement on additional residential homes