Land & Buildings Transaction Tax

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

Residential property

The rates apply to the portion of the total value which falls within each band. Rates may be increased by 3% where further residential properties, costing over £40,000, are acquired.

Consideration (£)Rate (%)
0 – 145,0000
145,001 – 250,0002
250,001 – 325,0005
325,001 – 750,00010
750,001 and above12
Non-residential property

Consideration (£)Rate (%)
0 – 150,0000
150,001 – 350,0003
Over 350,0004.5

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