The Revenue Scotland and Tax Powers Bill received royal assent on 24 September 2014. This Act is the third of three related Acts; the first two Acts introduced land and buildings transaction tax (LBTT) and Scottish landfill tax.
The Revenue Scotland and Tax Powers Bill received royal assent on 24 September 2014. This Act is the third of three related Acts; the first two Acts introduced land and buildings transaction tax (LBTT) and Scottish landfill tax. The Act establishes Revenue Scotland as the tax authority responsible for collecting Scotland’s devolved taxes from 1 April 2015, establishes Scottish tax tribunals and puts in place a general anti-avoidance rule. The relevant powers, rights and duties in the relationship between Revenue Scotland and taxpayers in Scotland are also defined by the act.
The Scottish government is consulting until 9 January 2015 (31 October 2014 in one instance) on draft statutory instruments giving effect to a range of powers contained in new Act. The instruments are expected to come into force on 1 April 2015.
The Revenue Scotland and Tax Powers Bill received royal assent on 24 September 2014. This Act is the third of three related Acts; the first two Acts introduced land and buildings transaction tax (LBTT) and Scottish landfill tax.
The Revenue Scotland and Tax Powers Bill received royal assent on 24 September 2014. This Act is the third of three related Acts; the first two Acts introduced land and buildings transaction tax (LBTT) and Scottish landfill tax. The Act establishes Revenue Scotland as the tax authority responsible for collecting Scotland’s devolved taxes from 1 April 2015, establishes Scottish tax tribunals and puts in place a general anti-avoidance rule. The relevant powers, rights and duties in the relationship between Revenue Scotland and taxpayers in Scotland are also defined by the act.
The Scottish government is consulting until 9 January 2015 (31 October 2014 in one instance) on draft statutory instruments giving effect to a range of powers contained in new Act. The instruments are expected to come into force on 1 April 2015.
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