[SALE, 26/02/2018] -- Stamp Calculator is an online resource helping visitors calculate their stamp duty land tax (SDLT) with ease. As stamp duty in Scotland differs to the SDLT in the rest of the UK, Stamp Calculator presents additional information on the rates. SDLT is only applicable to England, Wales and Northern Ireland.

Land and Buildings Transaction Tax

In Scotland, SDLT is known as Land and Buildings Transaction Tax (LBTT), which is dependent on the purchase price of the property. According to Stamp Calculator, stamp duty in Scotland is zero for properties costing less than £145,000.

The stamp duty increases to:
• 2% for properties that cost between £145,000 to £250,000
• 5% for properties that cost between £250,000 to £325,000
• 10% for properties that cost between £325,000 to £750,000
• 12% for properties that cost more than £750,000

The LBTT also includes an Additional Dwelling Supplement (ADS), which carries an additional surcharge for every additional property purchased. The surcharge is on a slider scale, starting at 3% for properties below £145,000, increasing with each new price bracket. At higher property prices, it goes up to 5%, 8%, 13% and 15%.

An LBTT Calculator

Stamp Calculator offers an LBTT calculator featuring up-to-date information about the Scottish stamp duty. Easy to use, the calculator helps buyers determine how much in stamp duty they will pay for each property that they purchase.

Site visitors need only to fill out the calculator form to receive an accurate estimate. The site is updated with the latest information, so that visitors can be assured of the accuracy of their stamp duty calculation.

About Stamp Calculator

Stamp Calculator is a UK-based website providing valuation services for potential homeowners and businesses interested in property. They assist in calculating stamp duty land tax (SDLT), offering instant, accurate results.

Visit their website at https://stampcalculator.co.uk.