The Land and Buildings Transaction Tax (Tax Rates and Tax Bands) (Scotland) Order 2015

Articles 2, 3 and 4

SCHEDULESTAX BANDS AND TAX RATES

Table A: Residential

Relevant considerationPercentage
nil rate bandNot more than [F1£145,000] [F1£250,000]0%
[F2first tax band][F2More than £145,000 but not more than £250,000][F22%]
[F3second] [F3first] tax bandMore than £250,000 but not more than £325,0005%
[F4third] [F4second] tax bandMore than £325,000 but not more than £750,00010%
[F5fourth] [F5third] tax bandMore than £750,00012%

Textual Amendments

Table B: Non-residential

Relevant considerationPercentage
nil rate bandNot more than £150,0000%
first tax bandMore than £150,000 but not more than [F6£250,000][F71%]
second tax bandMore than [F8£250,000][F95%]

Textual Amendments

Table C: Rent

Net present value (NPV) of rent payablePercentage
nil rate bandNot more than £150,0000%
first tax bandMore than £150,000 [F10but not more than £2 million]1%
[F11second tax band More than £2 million 2% ]

Textual Amendments