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Data Provider: Welsh Revenue Authority Land Transaction Tax statistics on higher rate refunds by original transaction date
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MeasureThe two measures shown are a count of transactions subject to higher rate refunds, and the total value of those refunds.[Filter]
[Collapse]PeriodData are shown by the financial quarter (quarter 1 is April to June) and financial year (April to March) in which the transaction subject to the higher rate refund was effective.  Where part years are shown, these are marked with the suffix \'to date.\'[Filter]
[Collapse]Period 1
Period 2
Click here to sortNumber of transactionsClick here to sortRefunded higher rates tax (£ millions)
2018-19[Collapse]April to June 2018-194603.3
April to June 2018-19April 2018-191300.9
May 2018-191701.1
June 2018-191701.3
[Collapse]July to September 2018-195804.4
July to September 2018-19July 2018-191801.4
August 2018-192101.6
September 2018-191801.4
[Collapse]October to December 2018-195504.4
October to December 2018-19October 2018-191701.3
November 2018-191901.7
December 2018-191801.4
[Collapse]January to March 2018-193902.9
January to March 2018-19January 2018-191200.9
February 2018-191100.8
March 2018-191601.2
2019-20[Collapse]April to June 2019-204903.8
April to June 2019-20April 2019-201601.3
May 2019-201701.3
June 2019-201501.2
[Collapse]July to September 2019-205104.3
July to September 2019-20July 2019-201701.3
August 2019-202001.7
September 2019-201401.2
[Collapse]October to December 2019-204804.1
October to December 2019-20October 2019-201801.5
November 2019-201701.4
December 2019-201401.1
[Collapse]January to March 2019-203703.2
January to March 2019-20January 2019-201501.3
February 2019-201101.0
March 2019-201000.9
2020-21[Collapse]April to June 2020-211701.4
April to June 2020-21April 2020-21500.4
May 2020-21500.4
June 2020-21700.6
[Collapse]July to September 2020-213503.5
July to September 2020-21July 2020-21900.8
August 2020-211301.3
September 2020-211301.4
[Collapse]October to December 2020-215505.8
October to December 2020-21October 2020-212102.4
November 2020-211501.5
December 2020-211901.9
[Collapse]January to March 2020-213805.0
January to March 2020-21January 2020-211001.3
February 2020-211201.6
March 2020-211602.1
2021-22[Collapse]April to June 2021-223705.2
April to June 2021-22April 2021-221201.6
May 2021-221101.4
June 2021-221502.2
[Collapse]July to September 2021-222002.7
July to September 2021-22July 2021-22600.7
August 2021-22801.0
September 2021-22600.9
[Collapse]October to December 2021-221702.3
October to December 2021-22October 2021-22700.9
November 2021-22700.9
December 2021-22400.5
[Collapse]January to March 2021-22200.4
January to March 2021-22January 2021-22100.2
February 2021-22100.2
March 2021-22100.1



Land Transaction Tax statistics for higher rate refunds, by effective date

Last update

28 April 2022 28 April 2022

Next update

20 May 2022

Publishing organisation

Welsh Revenue Authority

Source 1

Land Transaction Tax returns, Welsh Revenue Authority

Contact email



Lowest level of geographical disaggregation


Geographical coverage


Languages covered

English and Welsh

Data licensing

You may use and re-use this data free of charge in any format or medium, under the terms of the Open Government License - see

General description

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.

This dataset includes estimates of LTT notifiable transactions received by the WRA by the close of 18 April 2022.

The data in this release should be considered in the context of the coronavirus (COVID-19) pandemic. This had a significant impact on the number of property transactions and tax due during 2020-21. It therefore affects comparisons made between this period and the same period in 2019-20.

The national restrictions imposed on 23 March 2020 resulted in the housing market being mainly closed until it was partially re-opened on 22 June 2020. At that point, house viewings could take place in vacant properties along with house moves where a sale had been agreed but not yet completed. The market was then more fully opened on 27 July 2020 to coincide with a change in LTT rates on that date, at that time effective until 31 March 2021. On 3 March 2021, it was announced that the temporary tax reduction period would be extended by 3 months, to end on 30 June 2021.

Although there were further local and national restrictions introduced since the initial changes to LTT rates in July 2020, these appear to have had no impact on transaction counts.

There were further changes to LTT rates effective from 22 December 2020. Please note that some higher rates residential and non-residential transactions effective in December 2020 will have been charged at pre 22 December rates, and some at the post 22 December rates. We estimate around 100 higher rates and 10 non-residential transactions within those December 2020 data were charged at the post 22 December rates.

The dataset focuses on residential transactions subject to a higher rate refund and includes the number of transactions subject to a refund, and the aggregate value of those refunds, broken down by:
- effective quarter and year of the original transaction

When a refund for higher rates residential transaction is claimed, the original transaction is amended to a main rate residential transaction.

Note the number and value of refunds presented for later effective dates is lower than that for earlier periods. This is because compared with earlier periods, insufficient time has passed since the transaction was effective for many of the relevant taxpayers to sell their previous main residence and claim their refund.

Data on the time taken to claim refunds can be found in the alternative dataset which compares the quarter of the original transaction with the quarter in which the refund is approved by the Welsh Revenue Authority.

Data collection and calculation

See weblinks

Frequency of publication


Data reference periods

Data are shown by the month, financial quarter (quarter 1 is April to June) and financial year (April to March) in which the transaction was effective. Where part quarters and years are shown, these are marked with the suffix "to date."

Users, uses and context

These statistics have been established to meet the immediate user requirement for data on the implementation of LTT, following the establishment of the WRA. Our key users are colleagues from the Welsh Treasury within the Welsh Government, the Office of Budget Responsibility, and other tax authorities in the UK.

Rounding applied

Values in this dataset are rounded to the nearest 10 for the transactions for which a refund applies, and the nearest £0.1 million for the aggregate value of the refunds.

Revisions information

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.

Statistical quality

See weblinks


Land Transaction Tax; LTT; Tax