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 and Northern Ireland
England and Northern Ireland will continue to operate under the Stamp Duty Land Tax rules.
Wales
Wales now uses it’s own Land and Buildings Transaction Tax system