Wales LTT Calculator
Wales LTT Rates (April 2025)
| Price Threshold | Standard Rate | Second Home Rate |
|---|---|---|
| Up to £225,000 | 0% | 4% |
| £225,001 - £400,000 | 6% | 10% |
| £400,001 - £750,000 | 7.5% | 11.5% |
| £750,001 - £1.5m | 10% | 14% |
| Above £1.5m | 12% | 16% |
Note: Wales does not have a separate first-time buyer relief scheme - all buyers use the same standard rates.
Land Transaction Tax Due
£0
Effective Rate: 0%
Tax Breakdown
| Tax Band | Amount in Band | Rate | Tax |
|---|
About Land Transaction Tax (LTT)
Land Transaction Tax (LTT) replaced Stamp Duty Land Tax (SDLT) in Wales from April 2018. It is administered by the Welsh Revenue Authority (WRA).
Key differences from SDLT in England:
- No first-time buyer relief - all buyers use standard rates
- Different tax bands and thresholds
- 4% second home surcharge (vs 3% in England)
- Higher rates start at £225,000 (vs £250,000 in England)