Land and Buildings Transaction Tax (LBTT) Non-Residential

Non-residential LBTT

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 30 May 2019, we produced updated forecasts for Non-Residential LBTT

LBTT forecast - May 2019

£ million 2017-18 [1] 2018-19 2019-20 2020-21 2021-22 2022-23 2023-24 2024-25
Non-residential 204 193 211 218 224 231 239 248

[1] 2017-18 values are outturn available at time of publication.

Source: Scottish Fiscal Commission (2019) Scotland's Economic & Fiscal Forecasts - May 2019.

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