Wales Land Transaction Tax

Wales uses Land Transaction Tax (LTT). Main residential rates have applied since 10 October 2022; higher rates increased from 11 December 2024.

Main residential rates

• 0% to £225,000
• 6% £225,001–£400,000
• 7.5% £400,001–£750,000
• 10% £750,001–£1,500,000
• 12% above £1,500,000

Higher rates (additional dwellings)

• 5% to £180,000
• 8.5% £180,001–£250,000
• 10% £250,001–£400,000
• 12.5% £400,001–£750,000
• 15% £750,001–£1,500,000
• 17% above £1,500,000

WRA example: £260,000 second home → £15,950.00.

Wales has no separate first-time buyer relief.

Source: GOV.WALES LTT rates and bands. Rates checked 19 October 2026.

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