Estimates for Land Transaction Tax (LTT) for May 2018.
This statistical release presents official statistics for Land Transaction Tax.
These initial estimates are provisional. We will revise these estimates in the next monthly statistics publication on 26 July. This is because organisations are still able to report further transactions for May. Organisations have 30 days after the date of the transaction to report them to the WRA.
For notifiable LTT transactions with an effective date of May 2018:
- 4,450 reported notifiable LTT transactions, with a total of £13.5 million tax due
- 3,080 residential LTT transactions at the main rate, with 1,000 residential LTT transactions at the higher rate, covering a total of £10.1 million tax due when combined, and
- 360 non-residential LTT transactions resulting in £3.3 million tax due.
At the close of 13 June, there were 1,577 organisations that had registered for online LTT submissions, with a total of 4,023 registered online users.
Datasets and interactive tools