LTT Calculator — Wales
Calculate Land Transaction Tax (LTT) for Welsh property purchases. Covers standard residential and additional property (higher) rates. Administered by the Welsh Revenue Authority.
| Band | Rate | Taxable | Tax | Cumulative |
|---|---|---|---|---|
| £0 – £225,000 | 0.0% | £225,000 | £0 | £0 |
| £225,000 – £280,000 | 6.0% | £55,000 | £3,300 | £3,300 |
How to Use This LTT Calculator
Enter the Property Price for your Welsh property and select Standard buyer or Additional Property. The calculator shows your Land Transaction Tax (LTT) broken down by each progressive band.
Wales introduced LTT to replace UK Stamp Duty in April 2018. It is administered by the Welsh Revenue Authority (WRA). There is no first-time buyer relief in Wales — all standard buyers pay the same rates.
Additional Property Surcharge
Wales applies higher rates for additional residential properties (second homes, buy-to-let). These are separate rate bands — not a simple surcharge on top of standard rates. The nil-rate band is eliminated entirely for additional properties.
LTT Rates (Wales) 2024/25
£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%
Additional property (higher rates):
£0 – £180,000 → 4%
£180,001 – £250,000 → 7.5%
£250,001 – £400,000 → 9%
£400,001 – £750,000 → 11.5%
£750,001 – £1,500,000 → 14%
Over £1,500,000 → 16%
Example: Buying in Cardiff
Rhiannon Buying a £310,000 Home in Cardiff
Rhiannon is moving from rented accommodation to her first home in Cardiff Bay. As a standard buyer she pays LTT at the main residential rates.
| Property Price | £310,000 |
| £0 – £225,000 @ 0% | £0 |
| £225,001 – £310,000 @ 6% | £5,100 |
| Total LTT | £5,100 |
| Effective Rate | 1.65% |
Compare with England: a £310,000 property in England would attract £3,000 SDLT (5% on £60,000 over the £250,000 threshold). Wales LTT is slightly higher for properties in the £225,000–£400,000 range due to the earlier start of the 6% band.