Land Transaction Tax (LTT) calculator

Calculate the Land Transaction Tax on your residential property in Wales

You must pay Land Transaction Tax if you buy a property or land over a certain price in Wales.

This calculator will help you work out how much you have to pay if you are buying residential property.

You pay the tax when you:

  • buy a freehold property
  • buy a new or existing leasehold
  • transfer land or property in exchange for payment, for example, you take on a mortgage or buy a share in a house

If you are buying non-residential property or land this calculator can’t help. Instead go to gov.wales/land-transaction-tax-calculator.

Make sure to clear the existing number before entering the new number.
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Buying in England, Northern Ireland or Scotland?

If you are buying in any of these countries then use the appropriate calculator to work out how much you will pay

Land Transaction Tax (LTT) calculator - Your Results

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Land Transaction Tax to pay is
£0.00

The effective tax rate is 0.00%

You usually pay Land Transaction Tax (LTT) on the portion of the property price when you buy a residential property.

The table below shows the rates of Land Transaction Tax someone buying their next home would pay.

If the property is an additional property or second home, the higher residential rates shown in the second table below may apply.

Main residential LTT rates
Purchase price of property Rate of Land Transaction Tax
£0 - £225,000 0%
£225,001 - £400,000 6%
£400,001 - £750,000 7.5%
£750,001 - £1,500,000 10%
£1,500,000+ 12%

For a single property LTT is exempt on the first £225,000.

Higher residential LTT rates
Purchase price of property Rate of Land Transaction Tax*
£0 - £180,000 4%
£180,001 - £250,000 7.5%
£250,001 - £400,000 9%
£400,001 - £750,000 11.5%
£750,001 - £1,500,000 14%
£1,500,000+ 16%

Did you know?

You must send an LTT return and pay the tax within 30 days of the day after completion (or other effective date of the transaction). If you have a solicitor, agent or conveyancer, they’ll usually file your return and pay the tax on your behalf. If they don’t do this for you, you can file a return and pay the tax yourself using the paper return.

Land Transaction Tax – Everything you need to know

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