Land and Buildings Transaction Tax (LBTT) replaced Stamp Duty Land Tax in Scotland in April 2015. If you're buying a property in Scotland, LBTT applies.
How it works
LBTT uses a progressive band structure. Rates and thresholds are set by the Scottish Government and differ from both SDLT (England/Northern Ireland) and LTT (Wales). Check current rates at revenue.scot.
Additional Dwelling Supplement (ADS)
A surcharge (the Additional Dwelling Supplement) applies to purchases of additional residential properties in Scotland, including second homes and buy-to-let purchases.
First-time buyer relief
First-time buyers in Scotland may benefit from a higher zero-rate band. Eligibility criteria and current thresholds are published by Revenue Scotland.