Scotland Unlocks Major Tax Breaks: New Deal Set to Ignite Investment in Glasgow and Aberdeen
Glasgow and the north-east of Scotland are poised for a significant economic injection as a new tax relief scheme officially comes into force, promising to slash costs for developers and supercharge regional growth. In a decisive move to rival England’s property incentives, the Scottish government has launched a targeted relief from Land and Buildings Transaction Tax (LBTT) for designated Investment Zones. Effective from February 26, 2026, this legislation is designed to unlock stalled developments and attract long-term private capital into the Glasgow City Region and the North East of Scotland. By offering full or partial exemptions on property transaction taxes,…
