Land and Buildings Transaction Tax Calculator

The 7 minute mortgage
It takes just 7 minutes to complete our secure online mortgage request form

Land and Buildings Transaction Tax Calculator

Agreed Price of Property (£)
Purchase price bands (£) Percentage rate (%) lbtt due (£)
Up to 145,000 0
Above 145,000 and up to 250,000 2
Above 250,000 and up to 325,000 5
Above 325,000 and up to 750,000 10
Above 750,000+ 12
Total LBTT due

Land and Buildings Transaction Tax Rates Table

Purchase price of property (£) Rate payable on that part of price
0 – 145,000 (£) 0%
145,001- 250,000 (£) 2%
250,001- 325,000(£) 5%
325,001- 750,000(£) 10%
Over 750,000 (£) 12%

as reviewed by the Scottish Parliament on 21st January 2015

Example – purchase price £300,000

0 – 145,000 = 0% = £0
145,001 to 250,000 = 2% = £2,100
250,001 to 300,000 = 5% = £2,500

Total tax due £4,600

England, Wales, and Northern Ireland

England, Wales, and Northern Ireland will continue to operate under the Stamp Duty Land Tax rules.

Top