Land and Buildings Transaction Tax

Land and Buildings Transaction Tax (LBTT) replaced UK Stamp Duty Land Tax (SDLT) in Scotland from 1 April 2015.

LBTT is a tax applied to residential and commercial land and buildings transactions (including commercial purchases and commercial leases) where a chargeable interest is acquired.

Revenue Scotland will administer LBTT with support from Registers of Scotland (RoS).

A progressive tax

The structure of LBTT is designed so that the charge is more proportionate to the actual price of the property. The percentage rate for each band in LBTT is applied only to the part of the price over the relevant threshold and up to the next threshold.

Rates and Bands

The rates and bands for LBTT are set out under Calculating Tax - rates and bands.

 

Practical and legislative guidance for working with Land and Buildings Transaction Tax (LBTT).

Tax Calculators for LBTT on property, land purchases and leases.

Forms relating to Land and Buildings Transaction Tax (LBTT).

Questions and answers on different areas of Land and Buildings Transaction Tax. .

Information about changes and updates to Revenue Scotland LBTT Guidance and online portal (SETS).

 

Check out our Revenue Scotland YouTube channel for instructional videos on our How to guidance.