Key points
- Residential LBTT, excluding Additional Dwelling Supplement (ADS), was £40.2m in May 2026. This was 9% higher than in April 2026 (£37.0m) and 10% higher than in May 2025 (£36.7m).
- Non-residential LBTT, excluding ADS, was £11.4m in May 2026. This was 34% lower than April 2026 (£17.4m) and 28% lower than May 2025 (£15.9m). Non-residential revenues are highly variable between months because of small numbers of high value transactions.
- Gross Additional Dwelling Supplement for May 2026 was £22.5m, 4% higher than April 2026 (£21.6m) and 2% lower than in May 2025 (£23.0m).
Introduction
This publication is part of a monthly series of Land and Building Transaction Tax (LBTT) statistics, started in April 2015, which provides data on the number and value of notifiable transactions reported to Revenue Scotland.
An Official Statistics Publication for Scotland
These statistics are official statistics. Official statistics are statistics that are produced by crown bodies, those acting on behalf of crown bodies, or those specified in statutory orders, as defined in the Statistics and Registration Service Act 2007.
Revenue Scotland statistics are regulated by the Office for Statistics Regulation (OSR). OSR sets the standards of trustworthiness, quality and value in the Code of Practice for Statistics that all producers of official statistics should adhere to.
Residential LBTT
Residential LBTT, excluding Additional Dwelling Supplement (ADS), was £40.2 million in May 2026.
Figure 1: Line chart displaying residential LBTT, excluding ADS, by month, April 2015 – May 2026.
Residential LBTT, excluding ADS, in May 2026 was 9% higher than in April 2026 (£37.0m). In most years, residential LBTT is higher in May than in April. Typically, residential LBTT revenue is lowest in January and February and peaks between July and October.
Residential LBTT, excluding ADS, in May 2026 was the highest May figure on record, being 6% higher than the second highest figure in May 2024 (£38.1m).
The number of Residential LBTT returns in May 2026 was 8,280.
Figure 2: Column chart showing residential LBTT returns submitted in May each year, 2015-2026.
There were 8,280 residential LBTT returns submitted in May 2026, 4% lower than were submitted in May 2025 (8,620).
May had the highest number of returns in the £145,001 to £250,000 LBTT band (2,840 returns), followed by the £325,001 to £750,000 band (1,520 returns), the £250,001 to £325,000 band (1,310) and the £750,000+ band (110 returns). May also had 2,500 returns in the Up to £145,000 band, where no tax was due.
Although the number of returns submitted in May 2026 was lower than May 2025, the higher LBTT figure was due to a greater number of returns in the higher tax bands.
Non-Residential LBTT, excluding ADS
Non-residential LBTT, excluding ADS, was £11.4 million in May 2026.
Figure 3: Line chart displaying non-residential LBTT, excluding ADS, by month, April 2015 – May 2026.
Non-residential LBTT, excluding ADS, was 34% lower in May 2026 (£11.4m) than in April 2026 (£17.4m) and 28% lower than in May 2025 (£15.9m).
Non-residential revenues are highly variable between months because of small numbers of high value transactions.
The number of non-residential conveyance returns submitted in May 2026 was 550. The number of Lease Reviews submitted was 710. The number of new Leases submitted was 370.
Figure 4: Line chart displaying the number of non-residential LBTT returns submitted, by type of return, by month, May 2025 – May 2026.
Non-residential conveyance returns decreased by 21% in May 2026 (550 returns) compared to April 2026 (700 returns).
The number of new leases decreased by 14% (370 returns) compared to April 2026 (430 returns).
Lease review returns decreased by 9% (710 returns) compared to April 2026 (780 returns). Lease review returns include 3-year, 6-year and 9-year lease reviews, as well as assignation and termination returns.
Additional Dwelling Supplement (ADS)
The number of LBTT returns received which declared ADS due was 1,640 in May 2026.
Figure 5: Column chart displaying the number of LBTT returns received which declared ADS due, for each month of May, 2016-2026.
The number of returns with ADS due was 1,640 in May 2026. This is 5% lower than in April 2026 (1,560 returns) and 2% lower than in May of the previous year (1,670 returns).
May 2022 had the highest number of May returns with ADS due, with 2,140.
Gross ADS declared in May 2026 was £22.5 million.
Figure 6: Column chart displaying gross ADS declared due in each month of May, 2016-2026.
Gross ADS in May 2026 (£22.5m) was the second highest of all previous months of May after May 2025 (£23.0m).
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