• From 1 April 2016, the cost of acquiring additional residential property increased.
  • Separate legislation was introduced for the Land and Building Transaction Tax (LBTT) in Scotland, Land Transaction Tax (LTT) in Wales (from April 2018) and for Stamp Duty Land Tax (SDLT) in England and Northern Ireland.
  • Although the rules for LBTT and SDLT taxes are similar, there are some key differences.

See our guide in the Scottish Tax section, SDLT vs LBTT: comparing the additional residential property charge.






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