If you lease a property for your business, a tax return may need to be notified to Revenue Scotland. This will usually be submitted online by your solicitor or agent as part of their service. Taxpayers are currently unable to submit an original lease return online themselves.

Under Land & Buildings Transaction Tax, any lease notified to Revenue Scotland must have further review returns submitted every 3 years. 

You need to do this even if you don't owe any tax and nothing has changed since your last review. This is required under the Land and Buildings Transaction Tax rules. 

Revenue Scotland offers a secure portal providing access for commercial leaseholders to submit these review returns. This is available for both businesses and individual taxpayers. Once you begin the submission process, you'll have 90 minutes to complete the review return.

Free guidance is available to all on the Revenue Scotland website. This includes information on what lease reviews are and how to submit your lease review return.

It is free to use the portal.  

Depending on your situation, you may find out that you have to pay tax after submitting your return, or you may be eligible for a repayment.

If your review return is late, you'll be charged a £100 late filing penalty. If your return is more than 3 months late, the penalty could be up to £1,000.