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Land Transaction Tax (LTT) calculator — Wales

Your LTT and effective rate on a Welsh property purchase, in seconds. Enter the price and toggle the higher rates if it is an additional property. Indicative only.

Your LTT

Purchase price£400,000
Land Transaction Tax£10,500
Effective rate2.63%

Indicative only. LTT is paid in Wales instead of Stamp Duty. First-time buyers pay the main rates (no separate relief).

How Land Transaction Tax works

Land Transaction Tax (LTT) replaced Stamp Duty in Wales in April 2018 and is collected by the Welsh Revenue Authority. Like Stamp Duty, it is charged progressively: you pay each rate only on the slice of the price that falls within each band, not on the whole amount. There is no first-time buyer relief in Wales — buyers pay the standard main rates.

Main residential rates

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

Higher rates (additional property)

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

Buying a second home, a buy-to-let, or completing before you sell your current home usually triggers the higher rates. Tell us the deal and we shop 100+ lenders for the sharpest funding around your purchase.

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Vortex Finance is a whole-of-market broker, not a lender, for business-purpose property finance. The finance we arrange is for business or investment purposes and is not regulated by the Financial Conduct Authority. All rates and figures shown are indicative and subject to lender approval, valuation and your circumstances.