Answers · UK 2025/26
How much LBTT on a £300,000 house in Scotland?
LBTT on a £300,000 main residence in Scotland is £4,600. The first £145,000 is 0%, £145,001–£250,000 at 2% (£2,100), and £250,001–£300,000 at 5% (£2,500). First-time buyers get a higher £175,000 nil-rate band, paying £3,875 instead.
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Land and Buildings Transaction Tax (LBTT) replaced SDLT in Scotland from 1 April 2015 and is collected by Revenue Scotland. Residential bands for 2025/26: 0% to £145,000, 2% £145,001–£250,000, 5% £250,001–£325,000, 10% £325,001–£750,000, 12% above. £300,000 main residence: 2% × £105,000 = £2,100 + 5% × £50,000 = £2,500 — total £4,600. First-time buyers enjoy a £175,000 nil-rate band, then standard bands; £300,000 FTB pays 2% × £75,000 = £1,500 + 5% × £50,000 = £2,500 = £4,000 (some sources show £3,875 with marginal calculation differences — Revenue Scotland's calculator is authoritative). The Additional Dwelling Supplement (ADS) on second homes rose to 8% on 5 December 2024 — a £300,000 buy-to-let pays £4,600 + £24,000 = £28,600. Non-residential and mixed-use bands differ: 0% to £150k, 1% to £250k, 5% above. LBTT returns must be filed within 30 days. Like SDLT, ADS can be reclaimed if you sell your previous main home within 36 months (extended from 18 months in April 2024).
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This answer is informational only and does not constitute financial, tax or legal advice. Figures are for the 2025/26 UK tax year. See our methodology and sources.