Question reference: S6W-24395
- Asked by: Ross Greer, MSP for West Scotland, Scottish Green Party
- Date lodged: 9 January 2024
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Current status: Answered by Tom Arthur on 22 January 2024
Question
To ask the Scottish Government, further to the consultation on Land and Buildings Transaction Tax - Additional Dwelling Supplement legislation changes, what plans it has to reform the timelines, and when it expects such reforms to be in place.
Answer
The Land and Buildings Transaction Tax (Miscellaneous Amendments)(Scotland) Order 2024 was laid before Parliament on the 19 January 2024. The Order proposes a number of amendments to the arrangements for the Additional Dwelling Supplement, including the extension of repayment timelines from 18 months to 36 months.
The proposed amendments will, if approved by Parliament, take effect from 1 April 2024.