{
  "url": "https://openlegislation.uk/land-and-buildings-transaction-tax-scotland-act-2013/section-24",
  "json_url": "https://openlegislation.uk/land-and-buildings-transaction-tax-scotland-act-2013/section-24.json",
  "legislation": "asp/2013/11",
  "legislation_title": "Land and Buildings Transaction Tax (Scotland) Act 2013",
  "legislation_url": "https://openlegislation.uk/land-and-buildings-transaction-tax-scotland-act-2013",
  "path": "section/24",
  "kind": "section",
  "number": "24",
  "heading": "Tax rates and tax bands",
  "text": "(1) The Scottish Ministers must, by order, specify the tax bands and the percentage tax rates for each band—\n(a) for residential property transactions, and\n(b) for non-residential property transactions.\n(2) An order under subsection (1) must specify, in the case of each type of transaction—\n(a) a nil rate tax band and at least two other tax bands,\n(b) the tax rate for the nil rate tax band, which must be 0%, and\n(c) the tax rate for each tax band above the nil rate tax band so that the rate for each band is higher than the rate for the band below it.\n(3) A transaction is a residential property transaction if—\n(a) the main subject-matter of the transaction consists entirely of an interest in land that is residential property, or\n(b) where the transaction is one of a number of linked transactions, the main subject-matter of each transaction consists entirely of such an interest.\n(4) A transaction is a non-residential property transaction if—\n(a) the main subject-matter of the transaction consists of or includes an interest in land that is not residential property, or\n(b) where the transaction is one of a number of linked transactions, the main subject-matter of any transaction consists of or includes such an interest.\n(5) In the case of a transaction for which the whole or part of the chargeable consideration is rent, see paragraph 3 of schedule 19 (leases) for the tax rates and tax bands applicable to such consideration.",
  "extent": null,
  "status": null,
  "version": "current",
  "annotations": [
    {
      "type": "I",
      "label": "I1",
      "text": "S. 24 in force at 7.11.2014 by S.S.I. 2014/279, art. 2, Sch."
    }
  ],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/asp/2013/11/section/24",
    "retrieved_at": "2026-10-29T20:14:25.082177+00:00"
  },
  "licence": "Open Government Licence v3.0",
  "licence_url": "https://www.nationalarchives.gov.uk/doc/open-government-licence/version/3/",
  "attribution": "Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives."
}