Stamp Duty Calculator Wales (LTT)
Calculate Land Transaction Tax for property purchases in Wales. Includes higher rates for additional properties and non-resident surcharge.
Wales LTT Calculator
Calculate Land Transaction Tax for Welsh property purchases
Land Transaction Tax Due
£1,500
Effective rate: 0.60%
LTT Band Breakdown
| Band | Rate | Tax |
|---|---|---|
| £0 – £225,000 | 0.0% | £0 |
| £225,001 – £250,000 | 6.0% | £1,500 |
| Total LTT | £1,500 |
Property Value
£250,000
LTT Amount
£1,500
Total Cost
£251,500
How to Use This Calculator
- Enter the property price – The full purchase price of the property you're buying in Wales.
- Choose purchase type – Standard purchase or additional property (second homes, buy-to-let).
- Non-resident status – Toggle if you're not a UK resident (adds 2% surcharge).
Understanding LTT in Wales
Wales has its own Land Transaction Tax (LTT), separate from England's SDLT and Scotland's LBTT. The Welsh Revenue Authority administers this tax.
Unlike England and Scotland, Wales has no first-time buyer relief. All buyers pay the same standard rates. However, the nil-rate threshold of £225,000 is relatively generous.
Additional property buyers face significantly higher rates across all bands, with rates ranging from 4% to 16% compared to standard rates of 0% to 12%.
Frequently Asked Questions
What is Land Transaction Tax (LTT)?
Land Transaction Tax replaced UK Stamp Duty in Wales from April 2018. It's administered by the Welsh Revenue Authority (WRA). LTT is a progressive tax on property and land transactions in Wales.
What are the current LTT rates in Wales?
Standard LTT rates are: 0% up to £225,000, 6% from £225,001–£400,000, 7.5% from £400,001–£750,000, 10% from £750,001–£1,500,000, and 12% above £1,500,000.
Is there first-time buyer relief in Wales?
No, Wales does not offer first-time buyer relief for LTT. Unlike England (SDLT) and Scotland (LBTT), all buyers in Wales pay the same standard rates regardless of whether they are first-time buyers.
What are the higher rates for additional properties?
Additional properties in Wales attract higher LTT rates: 4% up to £180,000, 7.5% from £180,001–£250,000, 9% from £250,001–£400,000, 11.5% from £400,001–£750,000, 14% from £750,001–£1,500,000, and 16% above £1,500,000.
How does LTT compare to SDLT in England?
Wales has a higher nil-rate threshold (£225,000 vs £250,000 for England) and different band structures. However, Wales has no first-time buyer relief. For higher-value properties, Wales tends to have slightly higher rates at some bands.
When do I need to pay LTT?
LTT must be filed and paid within 30 days of the effective date of the transaction. Returns are filed online with the Welsh Revenue Authority (WRA). Your solicitor or conveyancer typically handles this.
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