Changes to Land and Buildings Transaction Tax explained
As of 15 July, the Scottish government is cutting the rate of its devolved Land and Buildings Transaction Tax (LBTT), with the threshold increasing from £145,000 to £250,000 until 31 March 2021. There will be no LBTT paid on homes up to £250,000, 5% on homes priced from £250,001 to £325,000, 10% on homes from […]