This is a tax paid by house buyers according to the price of the property being purchased. The threshold is £125,000 for residential property and £150,000 for commercial property. In 'disadvantaged areas', commercial property is exempt and the residential threshold is £150,000.
0 - threshold = NIL
Threshold - £250,000 = 1%
£250,001 - £500,000 = 3%
£500,001 and over = 4%
Contact:
Dundee: Donald Hutcheson, Lindsay Darroch
Angus: Steve Swinton, Petra Grunenberg, Phil Scott