Land and Buildings Transaction Tax
As of the 1st April 2021 Land and Building Transaction Tax (LBTT) in Scotland will be payable on homes over £145,000 or £175,000 for first time buyers.
LBTT Rates
- Up to £145,000 - 0%
- Above £145,000 to £250,000 - 2%
- Above £250,000 to £325,000 - 5%
- Above £325,000 to £750,000 - 10%
- Over £750,000 - 12%
Full information on LBTT, including a LBTT calculator, can be accessed on the Revenue Scotland website.