Wales LTT Calculator
Estimate Land Transaction Tax on a Welsh home purchase, including the +5% higher residential rates surcharge.
A £250,000 Wales home purchased by a moving home buyer attracts £1,500 in LTT (0.60% effective rate).
Band breakdown
- £0–£225,000 · 0%£0
- £225,000–£400,000 · 6%£1,500
| Band | Rate | Taxable | Tax |
|---|---|---|---|
| £0–£225,000 | 0% | £225,000 | £0 |
| £225,000–£400,000 | 6% | £25,000 | £1,500 |
Bands updated 2026-04-15.
Compare buyer types
Same property price, different buyer profile. What you'd pay as each.
How LTT is calculated
LTT is a slab-and-band tax administered by the Welsh Revenue Authority. You pay the rate that applies to the slice of price within each band — not the headline rate on the whole price.
Standard bands
Higher residential rates (+5%)
Applies to BTL, second homes and any purchase where you'll own two or more dwellings after completion.
Frequently asked questions
What is LTT?
Land Transaction Tax. It replaced Stamp Duty Land Tax in Wales in April 2018 and is administered by the Welsh Revenue Authority. Bands and rates differ from SDLT in England & NI and LBTT in Scotland.
Do first-time buyers pay LTT?
Yes — Wales has no first-time buyer relief. However, the standard nil-rate band is £225,000, which is the highest in the UK. Most first-time buyer homes in Wales fall under this threshold.
What is the higher residential rate in Wales?
A +5% surcharge on every band applies to additional residential property purchases in Wales — raised from +4% in December 2024. It applies to BTLs, second homes and purchases where you'll own two or more dwellings.
Does Wales have a non-resident surcharge?
No. Wales doesn't levy a non-UK-resident surcharge. Only the higher residential rates (+5%) apply for additional property purchases.
Where does my LTT go?
To the Welsh Revenue Authority (WRA), not HMRC. Your conveyancer normally files the LTT return within 30 days of completion.
Reviewed by the Mortgage118 editorial team. Rates reflect Welsh Revenue Authority rules effective December 2024. This calculator provides an estimate only and does not constitute tax advice.