Last updated: The calculator has been updated to reflect changes in land and buildings transaction tax from 5th December 2024.
To calculate the Land and Buildings Transaction Tax that may be payable on your planned purchase, simply put the purchase price into our calculator. It is important to note that this is an indicator only, your solicitor or tax consultant will advise you as to the actual tax that must be paid on completion.
Land and buildings transaction tax rates
LBTT is paid at different rates based on the purchase price of the property you are buying, the table below outlines the current rates and thresholds. Note - different rates apply to first time buyers and those purchasing a second, or additional, property.
| Property value | LBTT rate |
|---|---|
| Up to £145,000 | 0% |
| £145,001 to £250,000 | 2% |
| £250,001 to £325,000 | 5% |
| £325,001 to £750,000 | 10% |
| £750,001 + | 12% |
First time buyer lbtt rates
Buyers purchasing their first property in Scotland benefit from a first time buyers relief, which increases the residential nil rate band of LBTT from £145,000 to £175,000.
| Property value | LBTT rate |
|---|---|
| Up to £175,000 | 0% |
| £175,001 to £250,000 | 2% |
| £250,001 to £325,000 | 5% |
| £325,001 to £750,000 | 10% |
| £750,001 + | 12% |
Lbtt rates on additional properties (second homes/buy-to-let)
The LBTT Additional Dwelling Supplement (ADS) on additional residential properties (such as second homes and buy-to-let property) increased from 6% to 8% with effect from 5th December 2024.
When did the additional dwelling supplement rates change?
On the 15 December 2022 the Scottish Government announced that the rate of Additional Dwelling Supplement (ADS) will be increased to 6%. The revised rate will apply to contracts entered into on, or after, 16 December 2022. Contracts entered into on, or before, 15 December 2022 will be charged at the previous rate of 4%.
*An additional dwelling purchased for less than £40,000 will attract 0% tax. For purchases over this amount ADS rates will be applied against the full value of the purchase.
Linked transactions
Linked transactions are those which form part of a single scheme, arrangement or series of transactions between the same vendor and purchaser or persons connected with them.
An example of a linked transaction would be one member of a family purchasing a house and another purchasing cottages within the same plot of land. In this circumstance, the tax would be calculated on the combined total of the purchases. Please contact a tax advisor or a member of the residential team should you wish to discuss linked transactions further.
England and northern ireland
These rates do not apply to the Stamp Duty Land Tax applicable to England and Northern Ireland, for transactions in England and Northern Ireland please use our separate Stamp Duty Calculator.
Non-residential transactions
This calculator applies to residential transactions only. If all, or part, of your transaction is commercial, agricultural or non-residential then the rates will differ. Please contact a member of our team to discuss further.
Need some more help with working out how much tax you'll need to pay? Get in touch today for some no-obligation advice.
