- 17 April 2023
Additional Dwelling Supplement and reliefs available to mitigate it
The increase of Additional Dwelling Supplement (ADS) – sometimes known as the “second home surcharge” – to 6% of the purchase price from 16 December 2022 was unwelcome news to buyers of investment properties and second homes in Scotland. ADS is paid on top of the ordinary rates of Land and Buildings Transaction Tax (LBTT).
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