Scotland's Land & Buildings Transaction Tax hits record high as more homes cross tax threshold, writes property expert Dr John Boyle. Rettie has just completed our annual review of Scotland’s property tax (Land & Buildings Transaction Tax, or LBTT). A dry subject, but one most home buy
Land And Buildings Transaction Tax
Scottish property taxes reached £628.1 million in the year to May 2024, a £8.5m increase on the previous year (£619.6m), according to DJ Alexander Ltd. The Scottish property firm said this growth in land and buildings transaction tax was largely driven by the additional dwelling su
Derek MacKay Finance Secretary Derek Mackay has promised the Scottish Government will be "progressive on taxation" as "more tax powers come on stream".
Maria Botha-Lopez, business analyst for ESPC Average property prices in east central Scotland saw a year-on-year fall of a half percentage between April-June 2015, according to new figures from ESPC.