Land Transaction Tax statistics on tax paid and higher rate refunds (cash basis), by time period
Contents
Standard shorthand is used in this table: [k] = low figure.
| Data values | Data description | Period |
|---|---|---|
| [k] | Number of higher rate residential refunds (cash basis) | May 2018-19 |
| [k] | Refunded higher rates tax (cash basis) (£ millions) | May 2018-19 |
| 2,310 | Number of higher rate residential refunds (cash basis) | 2021-22 |
| 1,610 | Number of higher rate residential refunds (cash basis) | 2022-23 |
| 1,580 | Number of higher rate residential refunds (cash basis) | 2020-21 |
| 1,560 | Number of higher rate residential refunds (cash basis) | 2024-25 |
| 1,420 | Number of higher rate residential refunds (cash basis) | 2019-20 |
| 1,390 | Number of higher rate residential refunds (cash basis) | 2023-24 |
| 710 | Number of higher rate residential refunds (cash basis) | 2025-26 |
| 690 | Number of higher rate residential refunds (cash basis) | Q1 2021-22 |
| 640 | Number of higher rate residential refunds (cash basis) | Q2 2021-22 |
| 640 | Number of higher rate residential refunds (cash basis) | 2018-19 |
| 610 | Number of higher rate residential refunds (cash basis) | Q4 2020-21 |
| 500 | Number of higher rate residential refunds (cash basis) | Q4 2021-22 |
| 490 | Number of higher rate residential refunds (cash basis) | Q3 2021-22 |
| 460 | Number of higher rate residential refunds (cash basis) | Q4 2024-25 |
| 440 | Number of higher rate residential refunds (cash basis) | Q2 2024-25 |
| 440 | Number of higher rate residential refunds (cash basis) | Q3 2022-23 |
| 420 | Number of higher rate residential refunds (cash basis) | Q1 2025-26 |
| 402.9 | Value of LTT payments (£ millions) | 2021-22 |
| 400 | Number of higher rate residential refunds (cash basis) | Q2 2022-23 |
| 400 | Number of higher rate residential refunds (cash basis) | Q4 2019-20 |
| 390 | Number of higher rate residential refunds (cash basis) | Q2 2019-20 |
| 390 | Number of higher rate residential refunds (cash basis) | Q1 2022-23 |
| 380 | Number of higher rate residential refunds (cash basis) | Q4 2022-23 |
| 380 | Number of higher rate residential refunds (cash basis) | Q3 2020-21 |
| 373.0 | Value of LTT payments (£ millions) | 2022-23 |
| 370 | Number of higher rate residential refunds (cash basis) | Q4 2023-24 |
| 370 | Number of higher rate residential refunds (cash basis) | Q3 2024-25 |
| 350 | Number of higher rate residential refunds (cash basis) | Q1 2023-24 |
| 350 | Number of higher rate residential refunds (cash basis) | Q3 2019-20 |
| 340 | Number of higher rate residential refunds (cash basis) | Q2 2023-24 |
| 338.7 | Value of LTT payments (£ millions) | 2024-25 |
| 330 | Number of higher rate residential refunds (cash basis) | Q3 2023-24 |
| 310 | Number of higher rate residential refunds (cash basis) | Q2 2020-21 |
| 300 | Number of higher rate residential refunds (cash basis) | Q1 2024-25 |
| 290 | Number of higher rate residential refunds (cash basis) | Q2 2025-26 |
| 290 | Number of higher rate residential refunds (cash basis) | Q1 2020-21 |
| 280 | Number of higher rate residential refunds (cash basis) | Q1 2019-20 |
| 280 | Number of higher rate residential refunds (cash basis) | Q4 2018-19 |
| 270 | Number of higher rate residential refunds (cash basis) | March 2020-21 |
| 268.3 | Value of LTT payments (£ millions) | 2023-24 |
| 260 | Number of higher rate residential refunds (cash basis) | May 2021-22 |
| 233.7 | Value of LTT payments (£ millions) | 2019-20 |
| 230.9 | Value of LTT payments (£ millions) | 2020-21 |
| 220 | Number of higher rate residential refunds (cash basis) | July 2021-22 |
| 220 | Number of higher rate residential refunds (cash basis) | April 2021-22 |
| 220 | Number of higher rate residential refunds (cash basis) | Q3 2018-19 |
| 219.8 | Value of LTT payments (£ millions) | 2018-19 |
| 210 | Number of higher rate residential refunds (cash basis) | August 2021-22 |
| 210 | Number of higher rate residential refunds (cash basis) | June 2021-22 |
| 200 | Number of higher rate residential refunds (cash basis) | September 2021-22 |
| 190 | Number of higher rate residential refunds (cash basis) | February 2020-21 |
| 180 | Number of higher rate residential refunds (cash basis) | March 2021-22 |
| 170 | Number of higher rate residential refunds (cash basis) | October 2021-22 |
| 170 | Number of higher rate residential refunds (cash basis) | November 2022-23 |
| 170 | Number of higher rate residential refunds (cash basis) | February 2021-22 |
| 160 | Number of higher rate residential refunds (cash basis) | December 2021-22 |
| 160 | Number of higher rate residential refunds (cash basis) | November 2021-22 |
| 160 | Number of higher rate residential refunds (cash basis) | January 2024-25 |
| 160 | Number of higher rate residential refunds (cash basis) | January 2020-21 |
| 160 | Number of higher rate residential refunds (cash basis) | September 2024-25 |
| 160 | Number of higher rate residential refunds (cash basis) | October 2022-23 |
| 160 | Number of higher rate residential refunds (cash basis) | August 2022-23 |
| 160 | Number of higher rate residential refunds (cash basis) | July 2025-26 |
| 160 | Number of higher rate residential refunds (cash basis) | March 2019-20 |
| 151.4 | Value of LTT payments (£ millions) | 2025-26 |
| 150 | Number of higher rate residential refunds (cash basis) | January 2019-20 |
| 150 | Number of higher rate residential refunds (cash basis) | June 2025-26 |
| 150 | Number of higher rate residential refunds (cash basis) | March 2024-25 |
| 150 | Number of higher rate residential refunds (cash basis) | January 2023-24 |
| 150 | Number of higher rate residential refunds (cash basis) | February 2024-25 |
| 150 | Number of higher rate residential refunds (cash basis) | August 2024-25 |
| 150 | Number of higher rate residential refunds (cash basis) | October 2024-25 |
| 150 | Number of higher rate residential refunds (cash basis) | May 2022-23 |
| 150 | Number of higher rate residential refunds (cash basis) | January 2021-22 |
| 140 | Number of higher rate residential refunds (cash basis) | July 2024-25 |
| 140 | Number of higher rate residential refunds (cash basis) | April 2025-26 |
| 140 | Number of higher rate residential refunds (cash basis) | October 2023-24 |
| 140 | Number of higher rate residential refunds (cash basis) | December 2020-21 |
| 140 | Number of higher rate residential refunds (cash basis) | June 2023-24 |
| 140 | Number of higher rate residential refunds (cash basis) | July 2019-20 |
| 140 | Number of higher rate residential refunds (cash basis) | October 2020-21 |
| 140 | Number of higher rate residential refunds (cash basis) | January 2022-23 |
| 140 | Number of higher rate residential refunds (cash basis) | April 2020-21 |
| 130 | Number of higher rate residential refunds (cash basis) | May 2025-26 |
| 130 | Number of higher rate residential refunds (cash basis) | November 2019-20 |
| 130 | Number of higher rate residential refunds (cash basis) | September 2019-20 |
| 130 | Number of higher rate residential refunds (cash basis) | March 2022-23 |
| 130 | Number of higher rate residential refunds (cash basis) | August 2025-26 |
| 130 | Number of higher rate residential refunds (cash basis) | April 2022-23 |
| 120 | Number of higher rate residential refunds (cash basis) | December 2019-20 |
| 120 | Number of higher rate residential refunds (cash basis) | February 2023-24 |
| 120 | Number of higher rate residential refunds (cash basis) | November 2023-24 |
| 120 | Number of higher rate residential refunds (cash basis) | August 2019-20 |
| 120 | Number of higher rate residential refunds (cash basis) | July 2023-24 |
| 120 | Number of higher rate residential refunds (cash basis) | May 2023-24 |
| 120 | Number of higher rate residential refunds (cash basis) | July 2022-23 |
| 120 | Number of higher rate residential refunds (cash basis) | June 2022-23 |
| 115.7 | Value of LTT payments (£ millions) | Q3 2021-22 |
Main information
- Most recent update
- 29 September 2025
- Next update expected
- 30 October 2025
- Designation
- Accredited official statistics
- Data provider
- Welsh Revenue Authority
- Data source
- Land transaction tax returns
- Time period covered
- April 2018 to March 2026
Data notes
- Revisions
- 29 September 2025
- 29 September 2025
- Rounding applied
Values in this dataset are rounded to the nearest 10 transactions, and nearest £0.1 million tax due.
Overview
- Summary of dataset and variables
From 1 April 2018, LTT replaced Stamp Duty Land Tax (SDLT) on residential and non-residential property and land interests purchased in Wales. The tax rates and tax bands for LTT vary depending on the type of transaction.
Taxpayers must notify the WRA of all land transactions with a value above £40,000. There are also circumstances where certain lease transactions are not notifiable if they are less than 7 years in duration. When filing an LTT return, the organisation paying the return has 30 days after the effective date to submit and pay the return.
The dataset includes a breakdown by:
- number and value of refunds on higher rates residential by time period (cash basis)
- Land Transaction Tax paid to the Welsh Revenue Authority
This data can be found in Table 6a and Table 7 of our statistical releases (see weblinks). It is particularly useful when analysing Land Transaction Tax statistics on a cash basis.
- Data collection or calculation
These statistics are aggregated from individual payments, which are then broken down into different dimensions.
- Statistical quality
See weblinks.
Land Transaction Tax statistics are regularly revised and the values for the latest period are provisional. When filing a LTT return, the organisation paying the return has 30 days after the ‘effective date’ to submit and pay the return. The effective date is when the tax becomes liable to be paid, usually when a transaction is completed on a property. Additional LTT transactions relating to the most recent month are therefore likely to be filed during the following month. See weblinks for analysis of these revisions.
Values for earlier periods are subject to revisions for several years. Transactions can be amended for a variety of reasons and the statistics are revised each month to reflect amendments to transactions. In particular, this will be due to higher rate refunds. When a refund for higher rates residential LTT is claimed, the original transaction is amended to a main rate residential LTT transaction. The taxpayer has up to three years to sell their previous main residence and claim a refund.
Care should be taken with any comparisons over time which involve data from spring 2020 to summer 2021. This is due to the coronavirus (COVID-19) pandemic and changes to LTT rates. A national lockdown on 23 March 2020 resulted in the housing market being mainly closed from this date until 22 June 2020 when it partially re-opened. The market was re-opened more fully on 27 July, to coincide with a change in LTT rates effective until 30 June 2021. There is evidence some purchasers may have brought their transactions forward to June 2021 to benefit from the temporary tax reduction.
There were some changes to LTT rates effective from 22 December 2020. Non-residential transactions and higher rates residential transactions were affected.
The main residential rates and bands changed from 10 October 2022.
The higher residential rates changed for all bands from 11 December 2024.
Information on all these changes to LTT rates can be read at:
Changes to Land Transaction Tax nil rate threshold
Land Transaction Tax – extension of the temporary tax reduction period
Changes to the rates and bands of Land Transaction Tax
Changes to main residential rates and bands for Land Transaction Tax
Changes to higher residential rates for Land Transaction Tax
Published by
- Organisation
- Welsh Revenue Authority
- Contact email
- data@wra.gov.wales