The Land and Buildings Transaction Tax (Tax Rates and Tax Bands) (Scotland) Order 2015 No. 126

Articles 2, 3 and 4

SCHEDULE TAX BANDS AND TAX RATES

Table A: Residential

	Relevant consideration	Percentage
nil rate band	Not more than £145,000	0%
first tax band	More than £145,000 but not more than £250,000	2%
second tax band	More than £250,000 but not more than £325,000	5%
third tax band	More than £325,000 but not more than £750,000	10%
fourth tax band	More than £750,000	12%

Table B: Non-residential

	Relevant consideration	Percentage
nil rate band	Not more than £150,000	0%
first tax band	More than £150,000 but not more than £350,000	3%
second tax band	More than £350,000	4.5%

Table C: Rent

	Net present value (NPV) of rent payable	Percentage
nil rate band	Not more than £150,000	0%
first tax band	More than £150,000	1%