Land and buildings transaction tax - commercial property tenants

Devolved tax legislation implemented on 1 April 2015 means that some tenants of commercial property 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 land and buildings transaction tax (LBTT). The first time a 3 year lease review return became due was therefore 2018.

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


For more information visit Revenue Scotland.