Month: October 2014

Changes Coming to Stamp Duty Land Tax


As part of the Budget delivered on Thursday 9th October 2014 the Scottish Government announced plans to make changes to the tax paid on the purchase of residential properties in Scotland. From April 2015, Stamp Duty Land Tax (SDLT) will be replaced by the new Land & Buildings Transaction Tax (LBTT). The ESPC have produced an excellent article explaining these changes. Stamp Duty Land Tax.