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 administers 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.

 

Nil Rate Band

Details of the temporary change to the nil rate band for LBTT residential transactions

Guidance

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

Tax Calculators

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

Forms

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

Leases

General information about LBTT and leases

Frequently Asked Questions

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

LBTT Updates

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.