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Land and Buildings Transaction Tax and Additional Dwelling Supplement

GA2HelaGA2Hela Member
in Technical stuff

Can anyone help with this question on the Scottish taxation system?

I have a client who has a main residence (sole name) and is looking to sell and buy a new house (again for main residence) on the same day. He also has a 50% share in his parents property, which was gifted to him three years ago.

He has asked me if he would pay Additional Dwelling Supplement. Being based in England I know SDLT but I am not so familiar with LBTT.

From research I have read websites saying that he wouldn't have to pay ADS as it is for the purchase of a main residence, however another website said that it would be applicable.

I think it's a no but can anyone confirm that my understanding is correct, or not!

TIA

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