Welsh Revenue Authority
LTT calculator for Wales
Land Transaction Tax on a residential purchase in Wales, banded exactly as the Welsh Revenue Authority charges it, with the separate higher-rate table for additional properties.
Work out the tax
Tax due
£4,500
Effective rate
1.5%
How it is banded
| From | Up to | Rate |
|---|---|---|
| £0 | £225,000 | 0% |
| £225,000 | £400,000 | 6% |
| £400,000 | £750,000 | 7.5% |
| £750,000 | £1,500,000 | 10% |
| £1,500,000 | No limit | 12% |
Rates in force since 2024-12-11
Where it differs from stamp duty
Wales has the highest nil-rate band in the UK at £225,000, so a main-residence buyer pays nothing on a purchase that would be taxed in England. It also has no first-time buyer relief at all — with the threshold that high, there is little left for one to do. Since December 2024 an additional property is charged from a separate table starting at 5% on the first pound, rather than a surcharge added to the main rates.
What this covers
Wales only. LTT replaced stamp duty in Wales in April 2018 and is set by the Senedd. A purchase in England or Northern Ireland pays SDLT, and one in Scotland pays LBTT.
Residential rates. Non-residential and mixed-use purchases run on a separate LTT table and are not calculated here.