Use our LBTT calculator below to find out how much LBTT (Land and Buildings Transaction Tax) you will need to pay on your property purchase in Scotland.
LBTT is the Scottish equivalent of Stamp Duty. Our LBTT calculator is therefore the Scottish equivalent to a stamp duty calculator.
| Tax band: | % | Taxable sum: | Tax: |
| Tax band: Up to £145,000 | %:0% | Taxable sum:£0 | Tax:£0 |
| Tax band: £145,001 to £250,000 | %:2% | Taxable sum:£0 | Tax:£0 |
| Tax band: £250,001 to £325,000 | %:5% | Taxable sum:£0 | Tax:£0 |
| Tax band: £325,001 to £750,000 | %:10% | Taxable sum:£0 | Tax:£0 |
| Tax band: £750,001 + | %:12% | Taxable sum:£0 | Tax:£0 |
Land and Buildings Transaction Tax (LBTT) is the tax payable when purchasing a residential property in Scotland (it also applies to non-residential purchase and leases).
No. LBTT is the Scottish equivalent of Stamp Duty Land Tax (SDLT) and was introduced on 1 April 2015.
No – Stamp Duty and LBTT different taxes relevant to the English and Scottish property purchasing legal system. To get the best idea of how much LBTT you will have to pay it is important to use an LBTT calculator not a stamp duty calculator.
Yes, although first time buyers only start paying tax one property purchases over £175,000, compared with other purchasers at £145,000.
LBTT must be paid within 30days of buying you property.
During the conveyancing process your solicitor will submit a Land and Building Transaction Tax return, even if you don’t meet the payable threshold of £145,000. They will then arrange your payment of the LBTT during the purchasing process.
No – ADS (Additional Dwelling Supplement) is a different tax which is relevant to people buying an additional property.
LBTT applies to residential property purchases above £145,000 (or £175,000 for first-time buyers). The tax is calculated on a sliding scale, meaning you pay different rates on different portions of the purchase price:
| Property Value | LBTT Rate |
|---|---|
| £0 – £145,000 | 0% |
| £145,001 – £250,000 | 2% |
| £250,001 – £325,000 | 5% |
| £325,001 – £750,000 | 10% |
| £750,001 + | 12% |
First time buyers get rates relief on purchases up to £175,000. If you are buying jointly, you must both be first time buyers to qualify.
| Property Value | LBTT Rate |
|---|---|
| £0 – £175,000 | 0% |
| £175,001 – £250,000 | 2% |
| £250,001 – £325,000 | 5% |
| £325,001 – £750,000 | 10% |
| £750,001 + | 12% |
Where the purchaser (or spouse/civil partner/cohabitee when buying jointly) owns all or part of another residential property anywhere in the world, Additional Dwelling Supplement (ADS) tax of 8% of the purchase price will be payable, unless the purchaser is replacing their principal dwelling.
| Property Value | LBTT Rate |
|---|---|
| £0 – £145,000 | 8% |
| £145,001 – £250,000 | 10% |
| £250,001 – £325,000 | 13% |
| £325,001 – £750,000 | 18% |
| £750,001 + | 20% |