wpf415fe19.jpg

Land and Buildings Transaction Tax

On the transfer of property in Scotland, the Land and Buildings Transaction Tax is:

Residential

Value up to £145,000

0%

Over £145,000 - £250,000

2%

Over £250,000 - £325,000

5%

Over £325,000 - £750,000

10%

Over £750,000

12%

Non-residential

Value up to £150,000

0%

Over £150,000 - £350,000

3%

Over £350,000

4.5%

The rates apply to the portion of the total value which falls within each band in respect of transactions from 1 April 2015.