• 2022/23
  • 2021/22
  • Land and Buildings Transaction Tax

    Land and Buildings Transaction Tax (LBTT) is payable on land and property transactions in Scotland.

    LBTT (Residential property)

    Consideration (£) Rate
    0 - 145,000 0%
    145,001 - 250,000 2%
    250,001 - 325,000 5%
    325,001 - 750,000 10%
    750,001 and above 12%

    The rates apply to the portion of the total value which falls within each band.

    Residential rates may be increased by 4% where further residential properties, costing over £40,000, are acquired.

    First-time Buyer relief raises the zero rate tax threshold for first-time buyers from £145,000 to £175,000.

    LBTT (Non-residential)

    Consideration (£) Rate
    0 - 150,000 0%
    150,001 - 250,000 1%
    Over 250,000 5%

    The rates apply to the portion of the total value which falls within each band.

  • Land and Buildings Transaction Tax

    Land and Buildings Transaction Tax (LBTT) is payable on land and property transactions in Scotland.

    LBTT (Residential property)

    Consideration (£) Rate
    0 - 145,000 0%
    145,001 - 250,000 2%
    250,001 - 325,000 5%
    325,001 - 750,000 10%
    750,001 and above 12%

    The rates apply to the portion of the total value which falls within each band.

    Residential rates may be increased by 4% where further residential properties, costing over £40,000, are acquired.

    First-time Buyer relief raises the zero rate tax threshold for first-time buyers from £145,000 to £175,000.

    LBTT (Non-residential)

    Consideration (£) Rate
    0 - 150,000 0%
    150,001 - 250,000 1%
    Over 250,000 5%

    The rates apply to the portion of the total value which falls within each band.