Factsheets and Online Resource

Land and Buildings Transaction Tax

Land and buildings in Scotland

The rates apply to the portion of the total value which falls within each band.

Residential property

Consideration
(£)

Rate*
%

0 - 145,000
0
145,001 - 250,000
2
250,001 - 325,000
5
325,001 - 750,000
10
Over 750,000
12

* Rates may be increased by 3% where further residential properties costing £40,000 or over are acquired.

Non- residential property

Consideration
(£)

Rate
%

0 - 150,000
0
150,001 - 350,000
3
Over 350,000
4.5