About this calculator
Land Transaction Tax (LTT) is paid on property purchases in Wales and is collected by the Welsh Revenue Authority. Wales has a higher 0% threshold than England but no general first-time buyer relief.
This page uses the same engine as our Stamp Duty calculator, set to Wales.
How the calculation works
LTT is charged in slices at the main residential rates. If you'll own more than one home, the higher residential rates apply instead — from the first pound. The higher rates don't apply to purchases under £40,000.
| Portion of the price | Rate |
|---|---|
| £0 – £225,000 | 0% |
| £225,001 – £400,000 | 6% |
| £400,001 – £750,000 | 7.5% |
| £750,001 – £1,500,000 | 10% |
| Over £1,500,000 | 12% |
Worked examples
LTT on a £280,000 home in Wales
0% to £225,000, then 6% on £55,000 = £3,300.
First-time buyer in Wales at £200,000
Below the £225,000 threshold, so £0 — not because of relief, but because the nil band is higher.
Second home in Wales at £260,000
Higher residential rates apply: £15,950.
What changes the result?
- Price.
- Owning another dwelling on completion.
- Replacing your main residence within the allowed period.
Common mistakes
- Expecting first-time buyer relief — Wales doesn't have a general one.
- Using English SDLT figures for a Welsh purchase.
Current Welsh rules
Rates last checked 3 October 2026 against the Welsh Revenue Authority.
| Portion of the price | Rate |
|---|---|
| £0 – £180,000 | 5% |
| £180,001 – £250,000 | 8.5% |
| £250,001 – £400,000 | 10% |
| £400,001 – £750,000 | 12.5% |
| £750,001 – £1,500,000 | 15% |
| Over £1,500,000 | 17% |
Frequently asked questions
Is there first-time buyer relief in Wales?
No general relief. The 0% band up to £225,000 applies to everyone buying a main home.
When do higher rates apply?
When you'll own two or more dwellings after the purchase and aren't replacing your main residence, for purchases of £40,000 or more.
Can I reclaim the higher rates?
If you sell your previous main residence within the time limit, you can usually apply for a refund.
Who collects LTT?
The Welsh Revenue Authority.
Does LTT apply to Welsh holiday lets?
Yes. Second homes and holiday lets usually pay the higher rates.