The Land and Buildings Transaction Tax (Tax Rates and Tax Bands etc) (Scotland) Amendment Order 2018

Amendment of the Order – non-residential property transactions

This section has no associated Policy Notes

2.  Table B (non-residential) of the schedule of the Order is amended as follows—

(a)in respect of the first tax band in column 2 for “£350,000” substitute “£250,000”,

(b)in respect of the second tax band in column 2 for “£350,000” substitute “£250,000”,

(c)in respect of the first tax band in column 3 for “3%” substitute “1%”, and

(d)in respect of the second tax band in column 3 for “4.5%” substitute “5%”.