Monthly LBTT Statistics

Commentary

A total self reported tax liability of £65.4m was declared by taxpayers in May 2023. 

The tax liability, excluding ADS, declared in May 2023 was £45.9m. This is £0.2m less than April 2023, and £9.9m less than May 2022.

In comparison to the previous month, residential liabilities, excluding ADS, increased by £4.6m and non-residential liabilities, excluding ADS, decreased by £4.8m.

A total of 9,300 notifiable land and building transactions were reported in May 2023, which is 500 more than April 2023, and 1,240 fewer than May 2022.