Tax information for tenants of commercial property

Information on the Three-year review of Land and Buildings Transaction Tax (LBTT) leases.

Some tenants in Scotland must, by law, submit a new tax return to Revenue Scotland every three years to ensure they have paid the correct amount of LBTT.  

A return has to be submitted:

  • every three years from the effective date of the lease;
  • at the point where the lease is assigned;
  • at the point where the lease is terminated.

It is the responsibility of the tenant to submit the return - even if the lease has not changed or if no tax is due. Failure to do so will result in a penalty.

For further information  visit the Revenue Scotland website


Page last updated: 02/09/2019
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