Chartered Institute Of Taxation

The threshold at which Land and Buildings Transaction Tax (LBTT) is paid will be raised from £145,000 to £250,000 as the Scottish Government steps up efforts to support homebuyers and help the economy recover from the impact of coronavirus.

The cut to stamp duty land tax (SDLT) announced by Chancellor Rishi Sunak must be matched in Scotland to avoid a housing market collapse, according to property firm apropos. Yesterday Mr Sunak announced plans for a stamp duty cut in England until the end of March 2021. It will see all house sales be