Explainers

Land and Buildings Transaction Tax

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 purchases of residential and non-residential land and buildings. There is an Additional Dwelling Supplement, for additional residential properties such as buy-to-let properties or second homes. LBTT is a fully devolved tax collected by Revenue Scotland.

You can find out more about LBTT in the pages below.