Key points
- Residential LBTT, excluding Additional Dwelling Supplement (ADS), was £31.0m in February 2026. This was the highest amount for any month of February. This was 3% lower than in January 2026 (£31.9m) and 6% higher than in February 2025 (£29.3m).
- Non-residential LBTT, excluding ADS, was £13.9m in February 2026. This was 2% lower than January 2026 (£14.2m) and 8% lower than February 2025 (£15.1m). Non-residential revenues are highly variable between months because of small numbers of high value transactions.
- Gross Additional Dwelling Supplement for February was £18.6m, 2% higher than January 2026 (£18.3m) and 4% lower than in February 2025 (£19.4m). The ADS rate changed from 6% to 8% where the contract for the transaction was entered into after 4th December 2024.
Introduction
This publication is part of a monthly series of Land and Building Transaction Tax (LBTT) statistics, started in April 2015, which provides data on the number and value of notifiable transactions reported to Revenue Scotland.
An Official Statistics Publication for Scotland
These statistics are official statistics. Official statistics are statistics that are produced by crown bodies, those acting on behalf of crown bodies, or those specified in statutory orders, as defined in the Statistics and Registration Service Act 2007.
Revenue Scotland statistics are regulated by the Office for Statistics Regulation (OSR). OSR sets the standards of trustworthiness, quality and value in the Code of Practice for Statistics that all producers of official statistics should adhere to.
Residential LBTT
Residential LBTT, excluding Additional Dwelling Supplement (ADS), was £31.0 million in February 2026. This is a 3% decrease compared to January 2026 (£31.9 million).
Figure 1: Line chart displaying residential LBTT, excluding ADS, by month, April 2015 – February 2026.
Residential LBTT, excluding ADS, in February 2026 was 3% lower than in January 2026 (£31.9m). Typically, January and February are a low point in the year for both residential LBTT revenue and residential LBTT returns submitted.
Residential LBTT, excluding ADS, in February 2026, was 6% higher than in February 2025 (£29.3m) and the highest figure for any February.
Residential LBTT returns in February 2026 (6,710) increased by 7% compared with last February (6,290).
Figure 2: Column chart showing residential LBTT returns submitted in February each year, 2015-2026.
There were 6,710 residential LBTT returns submitted in February 2026, 7% higher than were submitted in February 2025 (6,290). The number of residential LBTT returns submitted in the month of February has been relatively consistent over the years (high of 7,640 in 2021; low of 5,600 in 2018), therefore the general trend of increasing LBTT revenue is due to rising average property prices.
February 2026 had the second lowest number of returns for any February, in the nil-rate (£0 - £145,000) LBTT band, with 2,230 returns. The lowest number of returns submitted in the nil-rate band occurred in February 2025 (2,210 returns).
In contrast, February 2026 had the highest number of residential returns for any February in the £325,001 to £750,000 band, with 1,220 returns. February 2026 also had the joint highest number of residential returns for any February in the £250,001 to £325,000 band, with 1,000 returns (joint with February 2021), and in the over £750,000 band, with 80 returns (joint with February 2022 and 2025).
Non-Residential LBTT, excluding ADS
Non-residential LBTT, excluding ADS, was £13.9 million in February 2026.
Figure 3: Line chart displaying non-residential LBTT, excluding ADS, by month, April 2015 – February 2026.
Non-residential LBTT, excluding ADS, was 2% lower in February 2026 (£13.9m) than in January 2026 (£14.2m) and 8% lower than in February 2025 (£15.1m). Non-residential revenues are highly variable between months because of small numbers of high value transactions.
The number of non-residential conveyance returns submitted in February 2026 (520) increased by 16% compared to January 2026 (450). Leases increased by 6% and lease reviews increased by 5% compared to the previous month.
Figure 4: Line chart displaying the number of non-residential LBTT returns submitted, by type of return, by month, February 2025 – February 2026.
Non-residential conveyance returns increased by 16% in February 2026 compared to January 2026. The number of new leases increased by 6% compared to January 2026. It is the second lowest number of new leases for any February, with February 2021 having the lowest number (320 returns). Lease review returns increased by 5% compared to January 2026 (lease review returns include 3-year, 6-year and 9-year lease reviews, as well as assignation and termination returns).
Additional Dwelling Supplement (ADS)
The number of LBTT returns received which declared ADS due was 1,460 in February 2026. This is 11% higher than in January 2026 and 7% higher than in February of the previous year.
Figure 5: Column chart displaying the number of LBTT returns received which declared ADS due, for each month of February, 2017-2026.
The number of returns with ADS due was 1,460 in February 2026. This is a 22% decrease from the peak for the month of February of 1,860 in 2021. The number of returns with ADS due has decreased each year since February 2021 until February 2025. February 2026 has seen a 7% increase on the previous month.
Gross ADS declared in February 2026 was £18.6 million. This is the second highest for any month of February, after February 2025 (£19.4 million).
Figure 6: Column chart displaying gross ADS declared due in each month of February, 2017-2026.
Gross ADS in February 2026 (£18.6m) was the second highest of all previous months of February after February 2025 (£19.4m). The high gross ADS is partly due to the increase in the rate of ADS from 6% to 8% for conveyances with a contract date after 4 December 2024.
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