Scotland
LBTT on £500,000
Standard residential LBTT is £23,350. First-time buyer relief makes it £22,750. An additional dwelling, including 8% ADS, is £63,350.
| Buyer | Tax | Rule |
|---|---|---|
| First home | £22,750 | From 1 April 2021 |
| Moving home | £23,350 | From 1 April 2021 |
| Additional property | £63,350 | From 5 December 2024 |
How the moving-home figure is sliced
| Slice | Rate | Amount | Tax |
|---|---|---|---|
| £0 to £145,000 | 0% | £145,000 | £0 |
| £145,000 to £250,000 | 2% | £105,000 | £2,100 |
| £250,000 to £325,000 | 5% | £75,000 | £3,750 |
| £325,000 to £500,000 | 10% | £175,000 | £17,500 |
- Most purchases of £40,000 or more still need an LBTT return, even when the tax is zero.
- This is an illustration of published residential rates for one property. It is not an HMRC, Revenue Scotland, or Welsh Revenue Authority return. Linked purchases, companies, six or more dwellings, shared ownership and leases can use different rules.
Change this price in the calculator · Current bands · Additional property
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These figures are illustrative.
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