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LBTT - Scottish Stamp Duty - Multiple Dwellings relief
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pinklady21
Posts: 870 Forumite
Cross posted on House Buying, Renting and Selling board.
Has anyone got any experience of doing a multiple dwellings relief calculation for LBTT?
It seems fiendishly complex. Enquiries to Revenue Scotland so far have seemed to muddy the waters even more. Even my solicitor is scratching their head over it.
Would be very interested to know if anyone has successfully claimed this relief and how!
TY
Has anyone got any experience of doing a multiple dwellings relief calculation for LBTT?
It seems fiendishly complex. Enquiries to Revenue Scotland so far have seemed to muddy the waters even more. Even my solicitor is scratching their head over it.
Would be very interested to know if anyone has successfully claimed this relief and how!
TY
0
Comments
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Thanks for the link - I have looked carefully through the online guidance, and the actual legislation. The issue is very complex and the guidance is not straightforward. Even solicitors and tax experts regard Multiple Dwellings Relief as tricky. Particularly if ADS (Additional Dwelling Supplement) might also come into play.
I would very much like to hear from anyone who has actually done a calculation on it.0
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