revenue.scot : Submit & Pay Online LBTT Return Scotland

Organization : Revenue Scotland
Type of Facility : Submit & Pay Online LBTT Return
Country: Scotland, UK

Website : https://www.revenue.scot/scottish-landfill-tax
Submitting Return: https://www.revenue.scot/land-buildings-transaction-tax/guidance/how-to/online-lbtt-return/general-guidance-about-online-lbtt
Pay LBTT : https://www.revenue.scot/land-buildings-transaction-tax/guidance/how-to/pay-lbtt

Land and Buildings Transaction Tax:

Land and Buildings Transaction Tax (LBTT) will replace UK Stamp Duty Land Tax (SDLT) in Scotland from 1 April 2015.

Related : Scottish Landfill Tax SLfT Online Registration Scotland : www.statusin.org/9217.html

LBTT is a tax applied to residential and commercial land and buildings transactions (including commercial purchases and commercial leases) where a chargeable interest is acquired.

Revenue Scotland will administer LBTT with support from Registers of Scotland (RoS).

How to submit an online LBTT return:
Assuming your system Administrator has given you the relevant permission to do so, when you have completed the LBTT return and are ready to submit it, select ‘Submit’ on the far right side of the ‘Declaration’ page. If you select ‘Submit’ and an error dialogue box appears, you must correct any relevant errors before you can successfully submit the return.

The return will then be submitted electronically to us and given a unique transaction reference which will be displayed to you on the screen. This number must be quoted when making payments in relation to the same transaction or when contacting us about the transaction.

A summary of the return details will be displayed both on the ‘Overview’ page under the ‘Tax Returns’ tab and in the ‘Dashboard’ tab, and at any time you will be able to view or download (and then print) a copy of the return, as well as being able to amend the return if within 12 months of the filing date (see ‘General guidance about the LBTT return’).

Guidance on how to pay LBTT for online or paper returns:
The method of payment varies depending on whether you submit an online or paper return.

Online Return:
After submitting the online LBTT return a unique 9 character Transaction Reference (commencing “RS”) will be displayed on the screen.
This reference must be quoted when making payments in relation to the transaction or when contacting us about the transaction.

Making a Payment:
Where an amount of LBTT is due in relation to the transaction, the following rules apply after selecting ‘Submit’ on the ‘Declaration’ page, depending on which payment option you select.

BACS/CHAPS/Faster Payments:
BACS/CHAPS payments and Faster Payments should be made to the Revenue Scotland bank account shown below and must quote the unique 9 character Transaction Reference as the payment reference.

Account Name : GBS RE REVENUE SCOTLAND
Sort Code : 08 – 33 – 00
Account Number : 13460576

A separate payment must be made for each transaction

The latest ‘Payment Date’ must be a banking day.

If the return is submitted before the effective date:
The ‘Payment Date’ must be no later than the fifth working day after the effective date,

If the return is submitted on or after the effective date:
The ‘Payment Date’ must be no later than the fifth working day after the submission date; or the last working day which is, or precedes, the thirtieth calendar day after the effective date, if this is earlier.

Registration payments to Registers of Scotland must be paid separately.

Cheque:
Cheques should be made payable to Revenue Scotland and the unique 9 character Transaction Reference number must be written on the reverse of the cheque.

Please note that cheques should be received by the third working day after submission and sent to Registers of Scotland at the address below.

Paper Return:
Payment by cheque is the only option for paper returns.
A separate cheque is required for each return
Cheques should be made payable to Revenue Scotland.

Queries about Payments:
If you have any queries regarding the method of payment, please contact finance@revenue.scot or write to us at the following address

Finance Department:
Revenue Scotland
PO Box 24068
Victoria Quay
Edinburgh
EH6 9BR