LBTT on £300,000 in Scotland
First-Time Buyer · Mid-market · 2025-26 & 2026-27 rates
2025-26 stamp duty bill
£4,000
Effective rate: 1.33% · FTB saving vs home mover: £600
LBTT on a £300,000 property as a first-time buyer in Scotland is £4,000 for the 2025-26 tax year (effective rate 1.33%). That is £600 less than a home mover at the same price would pay. The same purchase in 2026-27 is also £4,000 — bands and rates are unchanged year-on-year.
Band-by-band breakdown (Scotland, 2025-26)
| Band | Taxable in this band | Rate | Tax |
|---|---|---|---|
| £0 – £175,000 | £175,000 | 0.00% | £0 |
| £175,001 – £250,000 | £75,000 | 2.0% | £1,500 |
| £250,001 – £325,000 | £50,000 | 5.0% | £2,500 |
| Total LBTT due | £4,000 | ||
Same purchase in the other UK jurisdictions
A £300,000 purchase by a first-time buyer costs different amounts depending on where the property sits — each jurisdiction sets its own bands.
| Jurisdiction | Tax | Total due | Effective rate |
|---|---|---|---|
| Scotland (this page) | LBTT | £4,000 | 1.33% |
| England & Northern Ireland | SDLT | £0 | 0.00% |
Different buyer type at £300,000
2026-27 rates
For 2026-27 the bands published by HMRC, Revenue Scotland, and the Welsh Revenue Authority are unchanged from 2025-26. The same £300,000 purchase as a first-time buyer in Scotland costs £4,000 in 2026-27 — identical to 2025-26 (subject to any future Budget changes).
Run your own scenario
Different price, different buyer type, or completing in a different tax year? The interactive Stamp Duty Calculator handles SDLT, LBTT, and LTT with full FTB and surcharge logic. Buying with a mortgage? Pair with the Relocation Calculator for total moving costs.
Frequently asked questions
How much LBTT do you pay on a £300,000 property in Scotland as a first-time buyer?
For 2025-26, LBTT on a £300,000 property in Scotland as a first-time buyer is £4,000 — an effective rate of 1.33% on the purchase price. For 2026-27 the figure is £4,000. The breakdown by band is shown in the table on this page.
Are first-time buyers exempt from LBTT on £300,000 in Scotland?
Not fully exempt — but first-time buyer relief reduces the bill. At £300,000 in Scotland, an FTB pays £4,000 versus £4,600 for a home mover, saving £600. Full exemption only applies below the FTB nil-rate band (£300,000 in England, £175,000 in Scotland).
How does LBTT on £300,000 compare across the UK?
At £300,000 for a first-time buyer, the same purchase costs £0 in England & Northern Ireland. Scotland's figure is £4,000. Differences come from the band thresholds and rates set by HMRC (England & NI), Revenue Scotland (LBTT), and the Welsh Revenue Authority (LTT).
Are these LBTT rates the same in 2026-27?
Yes — for 2026-27 the bands and rates published by HMRC, Revenue Scotland, and the Welsh Revenue Authority are unchanged from 2025-26. The LBTT on £300,000 as a first-time buyer in Scotland for 2026-27 is therefore £4,000, identical to the 2025-26 figure (subject to any future Budget changes).
Related Calculators
Mortgage Calculator
UK mortgage repayments with stamp duty, deposit, and total interest over the term.
First-Time Buyer Stamp Duty Calculator
FTB SDLT/LBTT/LTT — England £0–£300k relief with £500k cliff, Scotland £175k uncapped, Wales no relief.
Buy-to-Let & Second Home Stamp Duty Calculator
Additional-property surcharge: 5% England (Oct 2024), 8% Scotland ADS (Dec 2024), 5% Wales.