Scottish Budget 2021 to 2022 changes to LBTT and SLfT

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  • LBTT
  • SLT

Revenue Scotland is pleased to confirm that changes announced in the Scottish Budget 2021-2022 to both Land and Buildings Transaction Tax (LBTT) and Scottish Landfill Tax (SLfT) have now been successfully introduced and take effect from today (1 April 2021).

Land and Building Transaction Tax (LBTT) updates

The Scottish Budget 2021-2022 confirmed that the ceiling of the nil rate band for residential LBTT will return, as planned, to £145,000 for transactions with an effective date after 31 March 2021.

Rates for the Additional Dwelling Supplement (ADS) and non-residential LBTT remain unchanged.

Rates and bands for residential transactions as of 1 April 2021:

 Purchase price

 LBTT rate

 Up to £145,000

 0%

 Above £145,000 to £250,000

 2%

 Above £250,000 to £325,000

 5%

 Above £325,000 to £750,000

 10%

 Over £750,000

 12%

 

For more information see the LBTT pages on the Revenue Scotland website.

Scottish Landfill Tax (SLfT) updates

The Scottish Budget 2021-2022 confirmed an increase in the rates of Scottish Landfill Tax from 1 April 2021 as follows:

  • Standard rate £96.70 per tonne
  • Lower rate £3.10 per tonne