Land and Buildings Transaction Tax
LBTT (Residential property)
| Consideration (£) | Rate |
|---|---|
| 0 – 145,000 | 0% |
| 145,001 – 250,000 | 2% |
| 250,001 – 325,000 | 5% |
| 325,001 – 750,000 | 10% |
| 750,001 and above | 12% |
The rates apply to the portion of the total value which falls within each band.
Residential rates may be increased by 6% where further residential properties, costing over £40,000, are acquired.
First-time Buyer relief raises the zero rate tax threshold for first-time buyers from £145,000 to £175,000.
LBTT (Non-residential)
| Consideration (£) | Rate |
|---|---|
| 0 – 150,000 | 0% |
| 150,001 – 250,000 | 1% |
| Over 250,000 | 5% |
The rates apply to the portion of the total value which falls within each band.
LBTT (Residential property)
| Consideration (£) | Rate |
|---|---|
| 0 – 145,000 | 0% |
| 145,001 – 250,000 | 2% |
| 250,001 – 325,000 | 5% |
| 325,001 – 750,000 | 10% |
| 750,001 and above | 12% |
The rates apply to the portion of the total value which falls within each band.
Residential rates may be increased by 6% where further residential properties, costing over £40,000, are acquired.
First-time Buyer relief raises the zero rate tax threshold for first-time buyers from £145,000 to £175,000.
LBTT (Non-residential)
| Consideration (£) | Rate |
|---|---|
| 0 – 150,000 | 0% |
| 150,001 – 250,000 | 1% |
| Over 250,000 | 5% |
The rates apply to the portion of the total value which falls within each band.
Land and Buildings Transaction Tax (LBTT) is payable on land and property transactions in Scotland.
LBTT (Residential property)
| Consideration (£) | Rate |
|---|---|
| 0 – 145,000 | 0% |
| 145,001 – 250,000 | 2% |
| 250,001 – 325,000 | 5% |
| 325,001 – 750,000 | 10% |
| 750,001 and above | 12% |
The rates apply to the portion of the total value which falls within each band.
Residential rates may be increased by 4% where further residential properties, costing over £40,000, are acquired.
First-time Buyer relief raises the zero rate tax threshold for first-time buyers from £145,000 to £175,000.
LBTT (Non-residential)
| Consideration (£) | Rate |
|---|---|
| 0 – 150,000 | 0% |
| 150,001 – 250,000 | 1% |
| Over 250,000 | 5% |
The rates apply to the portion of the total value which falls within each band.
Land and Buildings Transaction Tax (LBTT) is payable on land and property transactions in Scotland.
LBTT (Residential property)
| Consideration (£) | Rate |
|---|---|
| 0 – 145,000 | 0% |
| 145,001 – 250,000 | 2% |
| 250,001 – 325,000 | 5% |
| 325,001 – 750,000 | 10% |
| 750,001 and above | 12% |
The rates apply to the portion of the total value which falls within each band.
Residential rates may be increased by 4% where further residential properties, costing over £40,000, are acquired.
First-time Buyer relief raises the zero rate tax threshold for first-time buyers from £145,000 to £175,000.
LBTT (Non-residential)
| Consideration (£) | Rate |
|---|---|
| 0 – 150,000 | 0% |
| 150,001 – 250,000 | 1% |
| Over 250,000 | 5% |
The rates apply to the portion of the total value which falls within each band.
Tax Rates & Allowances
- Introduction
- Capital Allowances – Plant And Machinery
- Capital Gains Tax (CGT)
- Car Benefits
- Car Fuel Benefit
- Cars – Advisory Fuel Rates For Company Cars
- Child Benefit
- Corporation Tax Rates
- Employee’s Statutory Payments
- Income Tax Allowances
- Income Tax Rates – Across the UK
- Income Tax Rates – Scotland
- Income Tax Rates – Wales
- Individual Savings Account (ISA)
- Inheritance Tax (IHT)
- Land and Buildings Transaction Tax
- Land Transaction Tax
- Mileage Allowance Payments (MAPS) For Employees
- Minimum Wage
- National Insurance Contributions (NIC) – Rates And Allowances
- Pensions Automatic Enrolment
- Pensions – Tax Relief On Pension Contributions
- Property Allowance
- Self Assessment – Key Dates
- Stamp Duty
- Stamp Duty Land Tax (SDLT)
- State Pensions
- Tax Reliefs For Individuals
- Trade Allowance
- Van Benefit
- VAT
- Vat Fuel Scale Charges
- Vehicle Excise Duty (VED) – Passenger Cars