Land and Buildings Transaction Tax (LBTT) Non-Residential

Non-residential

The Scotland Act 2012 devolved Stamp Duty Land Tax to the Scottish Parliament from April 2015. Following devolution, Land and Buildings Transaction Tax (LBTT) replaced Stamp Duty Land Tax. 

The Scottish Parliament sets the rate of tax on non-residential transactions. This includes commercial purchases and leases. LBTT is a fully devolved tax collected by Revenue Scotland.

Latest forecasts

On 12 December 2018, we produced updated forecasts for Non-Residential LBTT

Non-residential LBTT receipts forecast – December 2018

£ million 2017-18 2018-19 2019-20 2020-21 2021-22 2022-23 2023-24
May 2018 204 206 214 220 226 231 238
Prices     -11 -11 -11 -11 -11
Transactions   -6 -6 -5 -5 -5
Leases uprating   4 4 4 5 5
Base year   12 11 10 10 10
Other   0 0 1 2 2 2
December 2018 pre-measures 204 206 213 220 226 232 240
Policy changes 2 13 14 14 15 15
December 2018 post-measures 204 208 226 233 240 247 255
Total change 3 12 13 14 16 17

Source: Scottish Fiscal Commission (2018) Scotland's Economic & Fiscal Forecasts December 2018

Our report Scotland’s Economic and Fiscal Forecasts contains further information on the methodology used to forecast Non-Residential LBTT.

Supporting information

Scottish Fiscal Commission (2018) Scotland's Economic and Fiscal Forecasts December 2018

Scottish Fiscal Commission (2018) Scotland’s Economic and Fiscal Forecasts May 2018

Scottish Fiscal Commission (2017) Scotland’s Economic and Fiscal Forecasts December 2017

Scottish Fiscal Commission (2016) Current Approach to Forecasting

Revenue Scotland LBTT page

Scottish Government page on LBTT

UK Government page on Scottish lands and buildings transactions

Revenue Scotland LBTT tax statistics

OBR Scottish tax forecasts