GPT Calc

Wales Land Transaction Tax (LTT) Calculator

Land Transaction Tax (LTT) is Wales's equivalent of stamp duty, administered by the Welsh Revenue Authority since April 2018.

Enter a property value to see your estimated tax.

What is it

Land Transaction Tax (LTT) is Wales's equivalent of stamp duty, administered by the Welsh Revenue Authority since April 2018.

How it works

LTT is calculated in bands similar to SDLT. Unlike England or Scotland, Wales has never offered a first-time buyer relief band — all buyers pay the same main rates unless buying an additional property.

Calculation methodology

This calculator applies the Welsh Revenue Authority's published main residential rates. For additional properties, a flat 4% surcharge is added to the full price, which is mathematically equivalent to adding 4 percentage points to every band.

Exemptions & reliefs

There is no first-time buyer relief in Wales, unlike England, Northern Ireland and Scotland.

Recent rule changes

Higher residential rates for additional dwellings were last revised on 11 December 2024.

Glossary

LTT: Land Transaction Tax. Higher residential rates: the additional charge on second homes and buy-to-let purchases in Wales.

Frequently asked questions

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Wales Land Transaction Tax Calculator | Global Property Tax Calculator