The Land and Buildings Transaction Tax (LBTT) is the replacement for UK Stamp Duty Land Tax in Scotland and is a tax that is applied to both residential and commercial land and buildings transactions. It is administered by Revenue Scotland.
The Additional Dwelling Supplement (ADS) is a new LBTT supplement on purchases of additional residential properties in Scotland (e.g., buy-to-let properties and second homes) of £40,000 or more, came into force on 1 April 2016 and was updated in December 2018 (to 4% for transactions completed after the 25th Jan 2019).
This Residential LBTT and ADS Calculator is designed to allow the comparison of the tax payable (and the resulting overall purchase costs) for multiple possible purchase prices and shows the impact that prices changes have on the costs involved in a house purchase. Please drop us a line with any feedback via email.
The calculations and ranges provided by this tool will be updated as soon as possible to reflect changes in the applicable rates of LBTT and ADS. The rates applied in this range calculator are those as published in December 2018 (applicable from the 25th Jan 2019). Historical calculations are not available at this time.
This tool does not currently provide calculations for Commercial Property or Leases. The rates applied in this range calculator are those published in April 2016. This tool provides calculations and ranges that are for comparative purposes only. In the purchase of a residential property in Scotland conveyancing and mortgate costs may also need to be taken into account.