Monthly LBTT Statistics

Key points

• A total of £72.6m LBTT was declared by taxpayers in June 2024. This is 6% (£4.4m) lower than May 2024.
• Residential LBTT, excluding ADS, was £38.8m in June 2024. This is the third-highest figure for any month of June, behind June 2021 (£40.0m) and June 2023 (£39.8m). This is also up 2% (£0.7m) from May 2024 (£38.1m).
• Non-Residential LBTT, excluding ADS, was £14.5m in June 2024, down 22% (£4.0m) from June 2023. This is also a 20% (£3.6m) decrease from May 2024.
• 8,670 residential LBTT returns were submitted in June 2024. This is 1% (110) lower than June 2023 and the third-lowest number of residential transactions recorded for any month of June.
• £19.3m Additional Dwelling Supplement was declared due in June 2024. This figure will be gradually revised down in future publications, likely by at least 20%, as taxpayers reclaim ADS after disposing of their additional dwelling.