Land and Buildings Transaction Tax
LBTT on £600,000 in Scotland
Buying a £600,000 main residence in Scotland costs £33,350 in Land and Buildings Transaction Tax (LBTT), an effective rate of 5.56%. Here is what every type of buyer pays.
By Buyer Type
| Buyer | LBTT | Effective rate | Notes |
|---|---|---|---|
| Home mover (main residence) | £33,350 | 5.56% | Standard residential rates. |
| First-time buyer | £32,750 | 5.46% | The 0% band rises to £175,000, saving up to £600 at any price. |
| Second home or buy-to-let | £81,350 | 13.56% | Standard rates plus the 8% Additional Dwelling Supplement on the whole price. |
How It Is Worked Out (Main Residence)
| £0 to £145,000 at 0% | £0 |
| £145,000 to £250,000 at 2% | £2,100 |
| £250,000 to £325,000 at 5% | £3,750 |
| £325,000 to £600,000 at 10% | £27,500 |
| Total | £33,350 |
Stamp duty on £600,000 in England · LTT on £600,000 in Wales
Belgrave in London
Talk to our London team
- A London buying agent who works only for youStart my property search
- Buy a home in London without being in LondonStart my London search
- Buy a London new build with someone checking the detailsCompare new developments
- Find the right London family home, without giving up your weekendsStart my family home search
How much LBTT does a home mover (main residence) pay on £600,000?
£33,350, an effective rate of 5.56%. Standard residential rates.
How much LBTT does a first-time buyer pay on £600,000?
£32,750, an effective rate of 5.46%. The 0% band rises to £175,000, saving up to £600 at any price.
How much LBTT does a second home or buy-to-let pay on £600,000?
£81,350, an effective rate of 13.56%. Standard rates plus the 8% Additional Dwelling Supplement on the whole price.
Is LBTT more than stamp duty in England on £600,000?
A main-residence buyer pays £33,350 in Scotland, against £20,000 in stamp duty in England and Northern Ireland at the same price.
Scottish residential LBTT rates, with the 8% Additional Dwelling Supplement from 5 December 2024. A guide, not tax advice: your solicitor confirms the final figure.