Revision of Monthly LBTT Statistics from Fri, 01/10/2025 - 09:33

Monthly LBTT Statistics

Up to and including December 2024.

Total LBTT, excluding ADS (Additional Dwelling Supplement, which can be reclaimed), was £72m in December 2024. This is second highest of any month after December 2021.
Residential LBTT, excluding ADS (£44.6m) was the highest for any month of December, but lower than the previous two months.
Non-residential revenues are highly variable between months, due to the effect of small numbers of high value transactions. Non-residential LBTT excluding ADS was £27.4m in December 2024. Consistent with most years, December was the month with the highest non-residential revenue in 2024, but only the fifth highest December since 2015.
Gross Additional Dwelling Supplement for December was £22.2m, the highest for any December, but lower than the past two months. The proportion of transactions with ADS declared remained relatively stable compared to recent months at 21%. Note that the rate of ADS changed from 6% to 8% where the contract for the transaction was entered into after 4th December 2024.