Stamp duty land tax (SDLT) or land and buildings transaction tax (LBTT) in Scotland on residential properties is charged at different rates according to a band system.
Rates are applied only to the portion of the property's value that exceeds the relevant band threshold.
An extra 3 percentage points are charged on purchases of additional properties such as second homes and buy-to-lets. These changes came into effect from 1 April 2016. We can explain the new rules in detail.