The Land and Buildings Transaction Tax (Group Relief and Sub-sale Development Relief Modifications) (Scotland) Order SSI 2025/158 aims to ensure that land and buildings transaction tax group relief is available for non-partition demergers. The principal change to the Land and Buildings Transaction Tax (Scotland) Act 2013 Sch 10 is to remove the restriction on the availability of group relief for relevant transactions where two companies cease to be 75% members of the same group. The Order comes into force on 2 June 2025.
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The Land and Buildings Transaction Tax (Group Relief and Sub-sale Development Relief Modifications) (Scotland) Order SSI 2025/158 aims to ensure that land and buildings transaction tax group relief is available for non-partition demergers. The principal change to the Land and Buildings Transaction Tax (Scotland) Act 2013 Sch 10 is to remove the restriction on the availability of group relief for relevant transactions where two companies cease to be 75% members of the same group. The Order comes into force on 2 June 2025.
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