LTT Calculator (Wales)
Work out the Land Transaction Tax on a Welsh property purchase, including the higher rates for additional properties.
LTT Calculator (Wales)
Work out the Land Transaction Tax on a Welsh property purchase, including the higher rates for additional properties.
Wales only (LTT via the Welsh Revenue Authority). For additional properties Wales applies a separate higher-rates table, not a flat surcharge added on top. There is no first-time-buyer relief and no non-resident surcharge in Wales.
How LTT works in Wales
Wales uses Land Transaction Tax (LTT) rather than Stamp Duty Land Tax, collected by the Welsh Revenue Authority. The main residential rates are nothing on the first £225,000, then 6% to £400,000, 7.5% to £750,000, 10% to £1.5 million and 12% above. The £225,000 nil-rate band is much higher than the SDLT one, so many ordinary purchases pay no LTT at all.
Where Wales differs most is on additional properties. Instead of adding a flat surcharge on top of the main rates, Wales applies an entirely separate higher-rates table that starts at 5% from the first pound and rises to 17%. So a buy-to-let or second home is taxed under that higher schedule throughout, not the main rates plus an extra percentage.
Wales has no first-time-buyer relief, because the generous £225,000 nil band already covers most first purchases, and no non-resident surcharge. Multiple dwellings relief still exists in Wales (unlike England), though it has been tightened, which can matter for portfolio purchases.
Because the higher-rate table is standalone, the Welsh figure for a second home can differ noticeably from the English equivalent at the same price. If you own property across borders, each jurisdiction is assessed on its own rules.
Frequently asked questions
Is LTT the same as stamp duty?
No. Land Transaction Tax is the Welsh equivalent, collected by the Welsh Revenue Authority with its own bands and rates. Stamp Duty Land Tax applies in England and Northern Ireland; Scotland uses Land and Buildings Transaction Tax.
What are the higher rates of LTT for a second home in Wales?
Wales applies a separate higher-rates table for additional properties, running from 5% on the first £180,000 up to 17% above £1.5 million. Unlike SDLT, it is not the main rates plus a flat surcharge; the whole purchase is taxed under the higher schedule.
Is there first-time-buyer relief in Wales?
No. Wales does not operate a separate first-time-buyer relief, because the £225,000 nil-rate band already means most first purchases pay no LTT.
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