Response 902952126

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Property Investment in Scotland and the UK

1. Does this chapter provide an accurate picture of the Scottish property fund and investment landscape?

Please select one item
Yes
No

Seeding Relief

3. Do you consider that the Scottish Government should introduce a seeding relief for PAIF’s and CoACS?

Please select one item
Yes
No

6. If the Scottish Government were to proceed with a LBTT seeding relief, are there any aspects of the SDLT arrangements which you believe should be changed if replicated for LBTT purposes?

Please select one item
Yes
No

LBTT Treatment of Co-owned Authorised Schemes

7. Do you agree that the Scottish Government should introduce parity with SDLT by providing a relief for the exchange CoACS units?

Please select one item
Yes
No

Anti-Avoidance

14. If the Scottish Government introduced the proposed reliefs, should it introduce general portfolio tests with the same thresholds as the UK (based on the value of pan UK property) or should a more Scottish orientated threshold/measure be used?

Please select one item
Yes
No

15. If the Scottish Government introduced the proposed reliefs, should it legislate for a percentage of ownership test in the same manner as the rest of the UK?

Please select one item
Yes
No

16. Should the Scottish Government, if introducing the proposed reliefs, implement the same claw back provisions as introduced under the UK’s SDLT regime?

Please select one item
Yes
No

17. Do you believe that the fund managers and scheme operators should be liable for the recovery of any tax liability resulting from these potential reliefs?

Please select one item
Yes
No

19. If seeding relief was introduced in Scotland, should it just apply to non-residential property?

Please select one item
Yes
No

Effects on Equal Opportunities, Human Rights, Island Communities, Local

20. Would LBTT parity with SDLT regarding PAIFs and CoACS, in any way, impact upon equal opportunities, human rights, island communities, privacy and/or sustainable development in Scotland?

Please select one item
Yes
No

About you

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