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.
Rates effective from December 11, 2024Official source: gov.walesPage updated July 2, 2026
Enter a property value to see your estimated tax.
Current Wales Land Transaction Tax (LTT) rates
Wales LTT — Standard residential rates (Wales) — applies to: home mover, residential. Each rate applies only to the portion of the price that falls within its band, not to the whole price.
| Property value band | Rate |
|---|---|
| Up to £225,000 | 0.00% |
| £225,001 – £400,000 | 6.00% |
| £400,001 – £750,000 | 7.50% |
| £750,001 – £1,500,000 | 10.00% |
| Above £1,500,000 | 12.00% |
Rates effective from December 11, 2024Official source: gov.wales
Wales Land Transaction Tax (LTT): worked examples
What you would pay at common purchase prices (home mover, residential), calculated with the same engine as the calculator above.
| Purchase price | Total tax | Effective rate |
|---|---|---|
| £250,000 | £1,500 | 0.60% |
| £400,000 | £10,500 | 2.63% |
| £600,000 | £25,500 | 4.25% |
| £1,000,000 | £61,750 | 6.18% |
Step by step: Wales Land Transaction Tax (LTT) on a £400,000 property
- 0.00% on £225,000 (up to £225,000)£0
- 6.00% on £175,000 (£225,001 – £400,000)£10,500
- Total£10,500
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.