| Taxation in Scotland |
|---|
 |
| Scottish Government agencies |
| National Taxation |
| Local Taxation |
Land and Buildings Transaction Tax (LBTT) is a property tax in Scotland. It replaced the Stamp Duty Land Tax from 1 April 2015.
LBTT is a tax applied to residential and commercial land and buildings transactions (including commercial purchases and commercial leases) where a chargeable interest is acquired. Under the Land and Buildings Transaction Tax (Scotland) Act 2013, a land transaction must be notified to Revenue Scotland unless it falls within one of the exempt categories contained in the Act.[1]
Revenue Scotland administers and collects LBTT with support from Registers of Scotland.[2][3]
- ^ "LBTT Frequently Asked Questions". Revenue Scotland. Retrieved 30 January 2015.
- ^ "Land and Buildings Transaction Tax". Revenue Scotland. Retrieved 30 January 2015.
- ^ "Land and Buildings Transaction Tax". Scottish Government. Retrieved 30 January 2015.