Land and Buildings Transaction Tax Calculator

Land and Buildings Transaction Tax (LBTT) Calculator

Scotland

Calculate the Land and Buildings Transaction Tax on your residential property purchase in Scotland

Land and Buildings Transaction Tax (LBTT) has replaced Stamp Duty in Scotland. If
you’re buying a residential property over £145,000, you’ll have to pay LBTT. This
calculator works out how much Land and Buildings Transaction Tax you need to pay on
your new home. It also works out how much you’ll pay on any additional property
purchase over £40,000, like a buy to let or second home, which attracts an extra 4%
Additional Dwelling Supplement (ADS).

England

Calculate the Stamp Duty on your residential property purchase in England or
Northern Ireland

Stamp Duty Land Tax (SDLT) is a tax on properties bought in England and Northern
Ireland. You’ll need to pay it when you buy a residential property that costs more
than £125,000. Use this calculator to work out how much Stamp Duty you’ll need to
pay on your new home. You can also use it to work out how much you’ll pay on an
additional property that costs more than £40,000, like a buy to let or second home,
which attracts an extra 3% charge.

Wales

Calculate the Land Transaction Tax on your residential property purchase in Wales

Stamp Duty has been replaced by Land Transaction Tax (LTT) for properties bought in
Wales. LTT will apply to residential properties costing over £180,000. You can use
this calculator to find the amount of Land Transaction Tax you’ll have to pay. You
can also work out the cost of LTT on any additional properties you purchase over
£40,000, like buy to lets or second homes, which will be charged a 3% additional
supplement.

Find out more

These Land & Buildings Transaction Tax (“LBTT”), Stamp Duty Land Tax (“SDLT”) and Land Transaction Tax (LTT) Residential Calculators are all estimates and CANNOT be relied on. There are very specific rules around the purchase of residential land and property so to ensure that you know the exact amount of tax you will need to pay please contact your solicitor. If you do not have a solicitor please click here and Pacitti Jones can provide a quote for you.

We can also advise you on the amount of relevant tax that you will need to pay in relation to an acquisition of commercial land or property. If you need advise on a commercial acquisition please click here