Land Transaction Tax Calculator

Use our Land Transaction Tax Calculator to estimate your LTT costs based on your specific situation, helping you make informed decisions when purchasing a property.

Calculate Your Land Transaction Tax

Using our LTT Calculator is quick and straightforward, helping you estimate the tax due on your property purchase in Wales. Select the option that best describes your property purchase from the dropdown menu, then enter the full property price to calculate an estimated Land Transaction Tax.

The results provided by this LTT Calculator are for informational purposes only and should not be considered as financial or legal advice. Land Transaction Tax (LTT) may be subject to exemptions, reliefs, or varying rates depending on your specific property transaction and circumstances.

Please read below to learn more about Land Transaction Tax (LTT) and to view a full breakdown of the rates payable for each purchase type.

No first-time buyer relief applies under LTT, and overseas buyers pay the same rates with no extra charges.

Our LTT Calculator has been updated to include the changes introduced by the Welsh Government on 10/12/2024. For official guidance, visit the Welsh Government website.

Land Transaction Tax (LTT) Wales:

What Property Investors Should Know

If you're investing in property in Wales, Stamp Duty Land Tax (SDLT) does not apply. Instead, buyers pay Land Transaction Tax (LTT), which is administered by the Welsh Revenue Authority. This tax applies to both residential home purchases and buy-to-let investments.

Our LTT Calculator helps you determine the correct tax based on your purchase price and whether the property is a main residence or an investment.

Below we outline the current LTT rates and provide guidance for those purchasing additional properties in Wales.

What Is

Land Transaction Tax (LTT)?

LTT is the property tax payable when buying land or residential property in Wales. It replaced Stamp Duty in 2018 and operates on a tiered system based on the purchase price.

It applies to:

Freehold and leasehold residential property
Main residences and buy-to-let or second homes
Property purchases with or without a mortgage

2025

LTT Standard Residential Rates

Current standard LTT rates for residential properties in Wales:

Property Value	LTT Standard Rate
£0 – £225,000	0%
£225,001 – £400,000	6%
£400,001 – £750,000	7.5%
£750,001 – £1.5M	10%
£1.5M +	12%

Higher Rates Of LTT For

Second Homes And Buy-To-Let

If you are purchasing an additional property in Wales, such as a buy-to-let, second home, or holiday let, you will typically pay higher rates of LTT.

These rates apply to all additional residential property purchases over £40,000.

Property Value	LBTT Higher Rate
£0 – £180,000	5%
£180,001 – £250,000	8.5%
£250,001 – £400,000	10%
£400,001 – £750,000	12.5%
£750,001 – £1.5M	15%
£1.5M +	17%

Example:

If you're purchasing a £300,000 buy-to-let property in Wales:

The higher rate of 10% applies, equating to £30,000 in LTT

Use Our

LTT Calculator

With multiple rate bands and surcharges, calculating your Land Transaction Tax in Wales can be complex. Our LTT Calculator helps by:

Factoring in whether the property is a main residence or an additional dwelling
Applying the correct rates based on purchase value
Giving a clear breakdown of your tax liability

Use our LTT Calculator to plan your purchase with confidence.

How To Pay

LTT (Wales)

For property purchases in Wales, buyers must pay Land Transaction Tax (LTT) to the Welsh Revenue Authority within 30 days of completion.

A LTT return must also be submitted for every relevant transaction. This is typically completed by a solicitor or conveyancer on behalf of the buyer.

Late payment or failure to submit the return can lead to penalties and interest charges.

Payment and filing can be completed via the Welsh Revenue Authority.

Frequently Asked Questions

What is Land Transaction Tax (LTT)?

LTT is a property tax payable when buying residential property or land in Wales. It replaced Stamp Duty in 2018 and applies to both main residences and buy-to-let or additional properties.

How is LTT calculated in Wales?

LTT is calculated on a tiered system based on the purchase price. Our LTT Calculator automatically applies the correct rates and any higher rates for second homes or buy-to-let investments.

Are there different rates for additional properties?

Yes. Purchases of additional homes, buy-to-let, or holiday lets typically attract higher LTT rates, with the surcharge applying to properties over £40,000.

Can I use the LTT calculator for any property in Wales?

Yes. The calculator works for main residences, buy-to-let, second homes, and off-plan properties across Wales, providing a clear breakdown of your tax liability.

When do I have to pay LTT?

LTT must be paid to the Welsh Revenue Authority within 30 days of property completion. A return must also be submitted, usually through your solicitor or conveyancer.

What happens if I pay late or fail to submit the return?

Late payment or failure to submit an LTT return can result in penalties and interest charges. It’s important to ensure payment and submission are completed on time.

Can I estimate LTT before buying?

Yes. Using our LTT Calculator, you can plan your property purchase and understand your potential tax liability before completing a transaction.

Where can I find official guidance on LTT?

For full guidance, visit the Welsh Revenue Authority LTT page.

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