🏴 LTT Calculator (Wales)

Land Transaction Tax — main residence and higher additional-property rates

£

LTT Due

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total LTT payable
Effective Rate—
Wales has no first-time buyer relief — but the £225,000 nil-rate threshold is the most generous standard threshold in Britain.

LTT Bands 2026/27 (Main Residence)

0% up to £225,000 · 6% £225,001–£400,000 · 7.5% £400,001–£750,000 · 10% £750,001–£1.5m · 12% above £1.5m.

Higher Rates (Additional Property)

Second homes and buy-to-lets in Wales pay higher rates on the whole price: 5% to £180,000, then 8.5%, 10%, 12.5%, 15% and 17% through the bands. Wales’s top additional-property rate is the highest in the UK.

No First-Time Buyer Relief — By Design

Unlike England and Scotland, Wales offers no FTB relief. Instead the standard nil-rate band of £225,000 is high enough that most Welsh first-time purchases pay no LTT at all.

Frequently Asked Questions

What is Land Transaction Tax?

LTT is the tax on property purchases in Wales, replacing stamp duty since 2018. The nil-rate threshold for a main home is 225,000 GBP.

Is there first-time buyer relief in Wales?

No — but the standard 225,000 GBP threshold already exempts most first-time purchases in Wales.

What are the Welsh higher rates?

Additional properties pay 5% from the first pound up to 180,000 GBP, rising through the bands to 17% above 1.5m GBP.