# Land and Buildings Transaction Tax (Scotland) Act 2013, Paragraph 14


The tax due in relation to remaining property is determined as follows.
Step 1 Calculate the amount of tax that would be due in respect of the transaction but for this schedule.
Step 2 Divide the consideration attributable to remaining property by the chargeable consideration for the transaction.
Step 3 Multiply the amount calculated in Step 1 by the fraction reached in Step 2. The result is the tax due in relation to remaining property.

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Source: https://www.legislation.gov.uk/asp/2013/11/schedule/5/paragraph/14 (the official version)
Page: https://openlegislation.uk/land-and-buildings-transaction-tax-scotland-act-2013/schedule-5/paragraph-14
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.