Residential purchases by individuals in England, Northern Ireland, Scotland and Wales
Land Transaction Tax calculator for Wales
Land Transaction Tax replaces Stamp Duty in Wales. Wales has no first-time buyer relief, but the tax-free band is higher than in England.
Rates and rules used: Main residential rates (from 10th October 2022) and higher residential rates (from 11th December 2024). Sources: Welsh Revenue Authority rates and bands (GOV.WALES). Checked 24th September 2026. Rates are reviewed whenever a government changes them, and at least every April.
LTT rates and bands
Land Transaction Tax (LTT) is the tax you pay when you buy property in Wales. It replaced Stamp Duty in Wales in April 2018 and is collected by the Welsh Revenue Authority. These are the main residential rates, which the Welsh Government says have applied since 10th October 2022.
| Part of the price | Main rate |
|---|---|
| Up to £225,000 | 0% |
| £225,001 to £400,000 | 6% |
| £400,001 to £750,000 | 7.5% |
| £750,001 to £1,500,000 | 10% |
| Over £1,500,000 | 12% |
Higher rates for second homes and buy-to-let
If the purchase leaves you owning more than one home, a separate table of higher rates may apply instead of the main rates. They may not apply where you are replacing your main residence. The Welsh Revenue Authority says these rates apply from 11th December 2024 and do not apply where contracts were exchanged before that date.
| Part of the price | Higher rate |
|---|---|
| Up to £180,000 | 5% |
| £180,001 to £250,000 | 8.5% |
| £250,001 to £400,000 | 10% |
| £400,001 to £750,000 | 12.5% |
| £750,001 to £1,500,000 | 15% |
| Over £1,500,000 | 17% |
How LTT is worked out
LTT is charged in slices: each rate applies only to the part of the price inside its band. On a £300,000 home bought at the main rates, you pay nothing on the first £225,000 and 6% on the remaining £75,000, which is £4,500.
| Price | Main rates | Higher rates |
|---|---|---|
| £180,000 | £0 | £9,000 |
| £250,000 | £1,500 | £14,950 |
| £300,000 | £4,500 | £19,950 |
| £400,000 | £10,500 | £29,950 |
First-time buyers in Wales
Wales has no separate first-time buyer relief. Instead, everyone buying a single home pays nothing on the first £225,000, which is a higher tax-free band than in England or Scotland.
When LTT is paid, and by whom
The return and the tax are due within 30 days beginning with the day after the effective date, which for most purchases is completion. Your solicitor or conveyancer normally submits the return and pays the tax for you.
LTT compared with Stamp Duty and LBTT
| Price | LTT (Wales) | Stamp Duty (England and Northern Ireland) | LBTT (Scotland) |
|---|---|---|---|
| £180,000 | £0 | £1,100 | £700 |
| £250,000 | £1,500 | £2,500 | £2,100 |
| £400,000 | £10,500 | £10,000 | £13,350 |
Standard rates for someone moving home, with no reliefs or surcharges. See our three taxes compared guide.
Common questions
How much LTT will I pay on a £300,000 house in Wales?
At the main rates, £4,500: nothing on the first £225,000 and 6% of the remaining £75,000. If the purchase is a second home or buy-to-let, the higher rates may apply instead, and the tax would then be £19,950.
Is there first-time buyer relief in Wales?
No. Wales has no separate first-time buyer relief, but everyone buying a single home pays nothing on the first £225,000.
Who collects LTT?
The Welsh Revenue Authority. Your solicitor or conveyancer normally submits the return and payment for you.
I live in England but am buying in Wales. Which tax do I pay?
LTT. The tax depends on where the property is, not where you live.
These calculators give an estimate based on the published rates for residential purchases. They do not cover purchases by companies or trusts, multiple dwellings, shared ownership, new leases, mixed-use or non-residential property, linked transactions, or completions before the dates shown. This is general information, not tax or legal advice. Your solicitor or conveyancer will confirm the tax due. Rates checked against GOV.UK, Revenue Scotland and the Welsh Government on 16th September 2026.