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Official Report of Meeting 24 September 2025
Update from Cabinet Secretary for Health and Social Care, 30 October 2025
26 November 2025: The Committee agreed to close the petition under Rule 15.7 of Standing Orders.
Prices are expected to begin to rise again once the economy exits recession in 2025-26.
Figure 11 below sets out the forecasts for revenues from LBTT:
Figure 11: Forecast income from Land and buildings transaction taxScottish Fiscal Commission
In the early years of implementation, costs are expected to be £8-13 million in 2025-26 and £16-27 million in 2026-27. However, by 2034-35, costs are expected to have increased ten-fold to between £82 million and £133 million.
However, due to the urgency with which the changes have been made, interim measures will be in place from 11.59 a.m. on 26 November 2021 until 04:00 a.m. on 27 November 2021.
Official Report of Meeting 9 November 2022
Written Submissions
PE1895/A:Scottish Government submission dated 22 October 2021
PE1895/B: Petitioner submission of 26 October 2021
PE1895/C: Scottish Government submission of 07 December 2021
PE1895/D: Petitioner submission of 22 January 2022
PE1895/E: NatureScot submission of 7 March 2022
PE1895/F:Petitioner submission of 6 May 2022
PE1895/G: NatureScot submission of 28 July 2022
PE1895/H: Petitioner submission of 26 September 2022.
The most recent pre-COVID-19 figures cover 2019.1Scottish Government. (2021, January 26). Long term monitoring of health inequalities: January 2021 report.
Retrieved from <a href="https://www.mckinsey.com/industries/travel-logistics-and-infrastructure/our-insights/reimagining-the-9-trillion-tourism-economy-what-will-it-take" target="_blank">https://www.mckinsey.com/industries/travel-logistics-and-infrastructure/our-insights/reimagining-the-9-trillion-tourism-economy-what-will-it-take</a> [accessed 26 February 2021]recommends streamlining public–private interfaces through a tourism nerve centre.