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.
