UK Stamp DutyLand Transaction Tax in Wales
In Wales, buyers pay Land Transaction Tax (LTT) instead of Stamp Duty Land Tax. These are the residential rates on the GOV.WALES page, which shows it was last updated on 10 December 2024 (read on 13 November 2026).
Main residential rates (from 10 October 2022)
| Portion of the price | Rate |
|---|---|
| Up to £225,000 | 0% |
| £225,001 to £400,000 | 6% |
| £400,001 to £750,000 | 7.5% |
| £750,001 to £1,500,000 | 10% |
| Over £1,500,000 | 12% |
Higher residential rates (from 11 December 2024)
| Portion of the price | Rate |
|---|---|
| Up to £180,000 | 5% |
| £180,001 to £250,000 | 8.5% |
| £250,001 to £400,000 | 10% |
| £400,001 to £750,000 | 12.5% |
| £750,001 to £1,500,000 | 15% |
| Over £1,500,000 | 17% |
| Price | Main rates | Higher rates |
|---|---|---|
| £200,000 | £0 | £10,700 |
| £250,000 | £1,500 | £14,950 |
| £300,000 | £4,500 | £19,950 |
| £400,000 | £10,500 | £29,950 |
| £500,000 | £18,000 | £42,450 |
| £750,000 | £36,750 | £73,700 |
| £1,000,000 | £61,750 | £111,200 |
Example
For a house bought at £280,000: 0% on £225,000 and 6% on £55,000 gives £3,300, the same as the GOV.WALES example.
The conditions for the higher rates (who pays them) were not read for this site: see GOV.WALES. There is no first-time buyer relief shown on the page, and none is calculated here.
Common questions
What is Land Transaction Tax?
The tax Wales charges on buying land or property instead of Stamp Duty Land Tax, set by Welsh Ministers and collected by the Welsh Revenue Authority.
What are the main residential rates?
From 10 October 2022: nothing up to £225,000, 6% to £400,000, 7.5% to £750,000, 10% to £1.5 million and 12% above (GOV.WALES).
Sources
- England and Northern Ireland Stamp Duty Land Tax: GOV.UK, "Residential property rates" (gov.uk), "Stamp Duty Land Tax: buying an additional residential property" (gov.uk) and "Rates for non-residential and mixed land and property" (gov.uk), read on 13 November 2026.
- Wales Land Transaction Tax: GOV.WALES, "Land Transaction Tax rates and bands" (gov.wales), read on 13 November 2026; the page shows it was last updated on 10 December 2024.
- Scotland Land and Buildings Transaction Tax: Revenue Scotland, "Residential property", "The Additional Dwelling Supplement (ADS)" and "Non-residential property" (revenue.scot), read on 13 November 2026.
Rates read on 13 November 2026 from GOV.UK, GOV.WALES and Revenue Scotland for freehold residential purchases. They change with Budgets: check the current rate with HMRC (England and Northern Ireland) or the Welsh Revenue Authority (Wales) before you buy. Scotland charges Land and Buildings Transaction Tax, from Revenue Scotland. This site is independent and gives arithmetic, not legal or tax advice.