LBTT Explained (Scottish Stamp Duty)

Calculating whether you need to pay LBTT (the Scottish stamp duty)

In April 2015 to much hullabaloo the first purely Scottish tax in 300 years was introduced. Its purpose was to replace the UK stamp duty. Its main claim to fame is that it was no longer a "slab" tax which jumped according to price points.

You can calculate how much LBTT is on your prospective purchase by using our calculator below.