LNB News 06/06/2025
Document Information
Issue Date: 06 June 2025
Published Date: 06 June 2025
Jurisdiction(s): Scotland
The Scottish Government has introduced the Building Safety Levy (Scotland) Bill in Parliament. If passed, the Bill will impose a new tax on the construction of certain new residential properties. The legislation, set to come into force on 1 April 2027, aims to raise £30m annually to help fund the remediation of residential buildings with unsafe cladding that have no linked developer. The Bill provides exemptions for social and affordable housing developments, with specific tax rates to be determined through subsequent regulations. Subject to Parliamentary approval, secondary legislation and preparatory work by Revenue Scotland will be required before the Building Safety Levy (BSL) can be implemented. In addition, the Bill includes a provision for regular reviews of the BSL to assess revenue targets in light of prevailing housing market conditions, wider economic factors, and the evolving scale and cost of cladding remediation work. The Scottish Government has also published an analysis of responses to its September 2024 public consultation...
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