Land and Buildings Transaction Tax (otherwise known as LBTT) is a tax applied to residential and commercial land and buildings transaction across Scotland. While there are some significant differences, you may note that LBTT is very similar in principle to its predecessor: Stamp Duty.

LBTT remains, however, a complicated area of conveyancing and our team would be delighted to help guide you through the process.

There are also a number of helpful guidance documents and case studies available from Revenue Scotland which can be accessed on their website at the link below.