Land and Buildings Transaction Tax (LBTT) notifiable transactions by month of submission, type of transaction (conveyance/lease), type of property (residential/non-residential) and total consideration. LBTT notifiable transactions in which Additional Dwelling Supplement (ADS) was declared due are provided, including also a breakdown of transactions for which a repayment of ADS was subsequently claimed. ADS was introduced in April 2016 and is only applicable to conveyances. The April 2018 publication is the first monthly publication in which three-year lease reviews, assignations and terminations have been reported as a separate category from other lease transactions. Prior to April 2018, lease assignations and terminations were included with all lease transactions, and three-year lease reviews did not start until 1 April 2018. It is not possible to disaggregate data by total consideration when the data includes lease transactions.
Land and Buildings Transaction Tax Notifiable Transactions
Taxpayers have 30 days to submit a return after the effective date of transaction (usually the date of completion of the conveyancing process). Figures reported relate to the date on which a return was originally created via the Revenue Scotland online portal or on which a paper return was received by the Registers of Scotland, not the date of the transaction. Taxpayers may amend returns online up to 12 months after the filing date. In addition, other changes may occur over a longer time period - for example, as a result of a reclaim of the Additional Dwelling Supplement (typically within around 18 months) or as a result of an inquiry. Where amendments have been made, these are applied to the figures for the month in which the original return was received. Consequently, figures are provisional for 24 months.
The data is extracted from the SETS and is an accurate reflection of what tax payers have declared due at the time of extraction. However, the data may be subject to revisions as detailed below.
Land and Buildings Transaction Tax (LBTT) notifiable transactions by month of submission, type of transaction, type of property and total consideration. LBTT notifiable transactions in which Additional Dwelling Supplement was declared due by month of submission are also provided.
The data is available to download in the form of an Excel spreadsheet from the Revenue Scotland [website](https://revenue.scot/news-publications/publications/statistics/land-buildings-transaction-tax-statistics-0). The Excel spreadsheet also contains a summary of the contents, commentary and information on related statistics. The data is also available on statistics.gov.scot, the Scottish Government's open data platform for official statistics about Scotland. The platform allows users to find and re-use the data in accessible formats such as web tables, maps, charts and CSV downloads. The site also supports more technical audiences, such as app developers, through API access. Background information on the publication, a note of historical changes to the publication and information on data sources can be found on the Revenue Scotland website. Furthermore, occasionally Revenue Scotland will publish additional LBTT statistics following a request for data from another organisation (e.g. Scottish Government; Scottish Fiscal Commission) and this information can be found on the statistics pages of the Revenue Scotland website.
To protect taxpayer information, appropriate disclosure control methods are applied to Revenue Scotland's published statistics. For example, data is published at aggregate level, and these aggregated data are rounded (e.g. to the nearest 10 transactions and nearest £100,000 of tax).
Revenue Scotland LBTT statistics have been produced on a consistent basis since introduction in April 2015. However, users should be mindful of the introduction of policy changes (e.g. the introduction of the Additional Dwelling Supplement in April 2016 and changes to the LBTT bands) and/or new types of transaction (e.g. three-year lease reviews from April 2018 onwards) when comparing data over time. From February 2019, data on leases are also no longer disaggregated by property type (non-residential/residential) following feedback from users. Furthermore, the non-residential LBTT bands were changed to reflect the changes introduced in January 2019. Comparisons with other parts of the UK should bear in mind policy differences and the bases on which the statistics are produced (Revenue Scotland data are reported based on the date of receipt of the original tax return).
Data is extracted from the Scottish Electronic Tax System (SETS). The data is extracted and statistical tables produced via a fully automated process, ensuring the statistics are produced on a consistent basis each month. In addition to compliance checks carried out by staff in the Revenue Scotland tax teams, statistical quality assurance checks are carried out before publication of statistics. For example: * The statistical tables are checked for internal consistency and compared with the previous month's publication to ensure that revisions are reasonable; * The data are inspected visually and outliers are investigated; * The data extracted from SETS (from which the statistical tables are built) is reconciled with data extracted from finance systems to check that what tax payers have been billed for is consistent with what they have declared due; * The data extracted from SETS is checked for internal consistency, e.g. the tax declared due is consistent with the consideration declared and any reliefs claimed.
Data is published monthly, generally in the month after the end of the reference period. The exact publication date is announced on the Revenue Scotland website, typically two months in advance of publication.
The coverage of the data has been extended to meet user needs. For example, in response to feedback from users of Revenue Scotland statistics, breakdowns of residential and non-residential conveyance transactions by tax bands were added, along with separate data on leases, and data on the Additional Dwelling Supplement following its introduction in April 2016.
Data file for Land and Buildings Transaction Tax Notifiable Transactions