xmlns:atom="http://www.w3.org/2005/Atom" xmlns:atom="http://www.w3.org/2005/Atom"

[F1SCHEDULE 2ASADDITIONAL AMOUNT: TRANSACTIONS RELATING TO SECOND HOMES ETC.

Textual Amendments

PART 5SREPAYMENT OF AND RELIEF FROM THE ADDITIONAL AMOUNT

Repayment of additional amount in certain casesS

8(1)Sub-paragraph (2) applies in relation to a chargeable transaction to which this schedule applies by virtue of paragraph 2 if—S

(a)within the period of [F236] months beginning with [F3or ending with] the effective date of the transaction, the buyer [F4or, where there are two or more buyers who are or will be jointly entitled to the interest acquired, one of the buyers] disposes of the ownership of a dwelling (other than one that was or formed part of the subject-matter of the chargeable transaction),

(b)that dwelling was the buyer's [F5or, where there are two or more buyers who are or will be jointly entitled to the interest acquired, one of the buyers’] only or main residence at any time during the period of [F636] months ending with the effective date of the transaction, F7...

(c)the dwelling that was or formed part of the subject-matter of the transaction has been occupied as the [F8buyer’s or, where there are two or more buyers who are or will be jointly entitled to the interest acquired, all of the buyers’ only or main residence, and]

[F9(d)where there are two or more buyers who are or will be jointly entitled to the interest acquired, each of whom own a dwelling or dwellings other than the subject-matter of the transaction, all of the buyers must meet the conditions specified in this sub-paragraph.]

(2)Where this sub-paragraph applies—

(a)the chargeable transaction is to be treated as having been exempt from the additional amount, and

(b)if the buyer has made a land transaction return in respect of the transaction, the buyer may take one of the steps mentioned in sub-paragraph (3).

(3)The steps are—

(a)within the period allowed for amendment of the land transaction return, amend the return accordingly, or

(b)after the end of that period (if the land transaction return is not so amended), make a claim to the Tax Authority under section 107 of the Revenue Scotland and Tax Powers Act 2014 for repayment of the amount overpaid.

(4)For the period allowed for amendment of returns, see section 83 of the Revenue Scotland and Tax Powers Act 2014.

(5)In the case of a chargeable transaction to which this schedule applies by virtue of paragraph 2(1)(d)(ii), sub-paragraph (2)(a) has effect only in relation to the additional amount applicable to so much of the relevant consideration for the transaction as is attributable, on a just and reasonable apportionment, to the acquisition of ownership of the dwelling (including any interest or right pertaining to ownership of the dwelling) referred to in sub-paragraph (1)(c).

Textual Amendments

[F10Repayment of additional amount: spouses, civil partners and cohabitants replacing main residenceS

Textual Amendments

8A.(1)Sub-paragraph (2) applies in relation to a chargeable transaction to which this schedule applies by virtue of paragraph 2 if—S

(a)there are only two buyers, and

(b)the buyers—

(i)are (in relation to each other) spouses, civil partners or cohabitants, and

(ii)are or will be jointly entitled to ownership of the dwelling that is or forms part of the subject-matter of the transaction.

(2)Paragraph 8 has effect in relation to the transaction as if—

(a)the reference in sub-paragraph (1)(a) of that paragraph to the buyer were a reference to either or both of the buyers, and

(b)the references in sub-paragraph (1)(b) and (c) of that paragraph to the buyer were references to both of the buyers together.

(3)For the purposes of sub-paragraph (1)(b)(i), two buyers are cohabitants if they live together as though married to one another.]

[F11Repayment of additional amount: period for disposing of ownership of dwellingS

Textual Amendments

F11Sch. 2A para. 8B and cross-heading inserted (27.5.2020) by Coronavirus (Scotland) (No.2) Act 2020 (asp 10), s. 16(1), sch. 4 para. 6(3)(a) (with s. 9)

8B(1)Sub-paragraph (2) applies in relation to a chargeable transaction to which this schedule applies by virtue of paragraph 2 if the effective date of the transaction falls within the period beginning with 24 September 2018 and ending with 24 March 2020.S

(2)Paragraph 8(1)(a) has effect in relation to the transaction as if for “period of 18 months” there were substituted “period of 36 months”.]

Relief for purchases of 6 or more dwellingsS

9SA chargeable transaction is exempt from the additional amount if it is a transaction to which section 59(8) applies.

[F12Relief for spouses, civil partners and cohabitants replacing main residenceS

Textual Amendments

9A.(1)A chargeable transaction to which this schedule applies by virtue of paragraph 2 is exempt from the additional amount if—S

(a)there are only two buyers,

(b)the buyers—

(i)are (in relation to each other) spouses, civil partners or cohabitants, and

(ii)are or will be jointly entitled to ownership of the dwelling that is or forms part of the subject-matter of the transaction, and

(c)paragraph 2(2) would apply if—

(i)the reference in paragraph (a) of that paragraph to the buyer were a reference to either of the buyers, and

(ii)the references in paragraphs (b) and (c) of that paragraph to the buyer were references to both of the buyers together.

(2)For the purposes of sub-paragraph (1)(b)(i), two buyers are cohabitants if they live together as though married to one another.]

[F13Relief for beneficiariesS

Textual Amendments

9B.(1)A chargeable transaction to which this schedule applies by virtue of paragraph 2 is exempt from the additional amount if—S

(a)at the end of the day that is the effective date of the transaction, the buyer or, where there are two or more buyers who are or will be jointly entitled to the interest acquired, one of the buyers owns two or more dwellings,

(b)the date of acquisition of ownership of all but the last of those dwellings is after the date on which the buyer entered into the contract for the land transaction relating to the last of those dwellings, but before the effective date, and

(c)the buyer—

(i)is a beneficiary of the estate of a deceased person and acquired ownership of all but the last of those dwellings by virtue of a conveyance or transfer in their favour by the executors of that person, or

(ii)otherwise acquires ownership of all but the last of those dwellings as a result of the death of a person.

(2)For the purposes of paragraph (1) the date on which the buyer acquired ownership of a dwelling by virtue of a conveyance or transfer in their favour by the executor of a deceased person is the date on which the conveyance or transfer was delivered by the executor to the buyer.

Relief for separated spouses and civil partners retaining interest in former main residenceS

9C.SA chargeable transaction to which this schedule applies by virtue of paragraph 2 is exempt from the additional amount if—

(a)at the end of the day that is the effective date of the transaction, the buyer is the owner of two dwellings,

(b)the first of the two dwellings was at any time before the effective date of the transaction the only or main residence of the buyer and the buyer’s spouse, civil partner, former spouse or former civil partner,

(c)the first of the two dwellings is the only or main residence of the buyer’s spouse, civil partner, former spouse or former civil partner,

(d)the buyer and the buyer’s spouse, civil partner, former spouse or former civil partner do not intend to live together again, and

(e)the buyer retains an ownership interest in the first of the two dwellings in pursuance of an order of a court or agreement of a type referred to in paragraph 4 or 5 of schedule 1.]

Relief: supplementalS

10(1)A relief under paragraph 9 must be claimed in the first return made in relation to the transaction or in an amendment of that return.S

(2)For the period allowed for amendment of returns, see section 83 of the Revenue Scotland and Tax Powers Act 2014.]