• 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, and for Stamp Duty Land Tax (SDLT) in the rest of the UK.
  • Although the rules for the two 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.