Land Transaction Tax in Wales
Wales replaced stamp duty with Land Transaction Tax in 2018, collected by the Welsh Revenue Authority. Rates shown are for 2026-27, verified on 9 August 2026.
Land Transaction Tax is the property transaction tax in Wales. It replaced Stamp Duty Land Tax in 2018 and is collected by the Welsh Revenue Authority, not by HM Revenue & Customs. LTT charges the price in slices, with nothing due below £225,000. That is the highest starting threshold of the three UK regimes, and it is the reason Wales offers no first-time buyer relief at all. Wales does set a separate higher-rates table for purchases of additional dwellings, and it charges nothing extra to buyers from outside the UK. So a Welsh purchase turns on two questions: the price, and whether the buyer ends up owning more than one dwelling.
The highest starting threshold of the three regimes
Nothing is charged below £225,000 on a main-rates Welsh purchase, which is a higher entry point than either England and Northern Ireland or Scotland. Above it, the price is charged in slices at each band's own rate, so crossing a threshold only affects the money above the line. The practical effect is that a large share of Welsh purchases at typical prices fall entirely inside the nil-rate band and pay nothing at all, without any relief needing to be claimed.
Wales has no first-time buyer relief
There is no first-time buyer relief in Wales, in any form. There is no raised threshold for first-time buyers, no flat reduction, no capped relief and nothing to claim on the return. A first-time buyer pays exactly the same Land Transaction Tax as a home mover buying the same property at the same price. Any calculator that offers a first-time buyer toggle for Wales is modelling a relief that does not exist. The Welsh Revenue Authority sets out the position directly.
The higher starting threshold is the trade-off
Wales made a different policy choice from the other two regimes. Instead of a targeted relief for one group of buyers, it set the nil-rate band at £225,000 for everyone, which is where the benefit goes. First-time buyers gain from that higher threshold in the same way every other buyer does, rather than through a rule written for them. Whether that leaves a given Welsh first-time buyer better or worse off than an English one depends entirely on the purchase price.
Higher rates on additional dwellings, and no non-resident loading
Where a purchase leaves the buyer owning an additional dwelling, Wales applies a separate higher-rates table rather than adding points to the main one. That table has no tax-free slice at all: it charges from the first pound, with its lowest band running up to £180,000, so the generous main threshold of £225,000 gives an additional-property buyer no help. Wales has no surcharge for non-UK residents, so residence status does not change a Welsh figure at any price.
Work out your LTT
LTT on a £300,000 property in Wales. That is an effective rate of 1.5%.
Land Transaction Tax rates (main residential)
| Portion of the price | Rate |
|---|---|
| Up to £225,000 | 0% |
| £225,000 to £400,000 | 6% |
| £400,000 to £750,000 | 7.5% |
| £750,000 to £1,500,000 | 10% |
| Above £1,500,000 | 12% |
Higher rates for additional properties
| Portion of the price | Rate |
|---|---|
| Up to £180,000 | 5% |
| £180,000 to £250,000 | 8.5% |
| £250,000 to £400,000 | 10% |
| £400,000 to £750,000 | 12.5% |
| £750,000 to £1,500,000 | 15% |
| Above £1,500,000 | 17% |
Wales stamp duty by price
Pick a price to see the LTT bands at that price, on both the main rates and the higher rates for additional properties.
- £100,000
- £110,000
- £120,000
- £130,000
- £140,000
- £150,000
- £160,000
- £170,000
- £180,000
- £190,000
- £200,000
- £210,000
- £220,000
- £230,000
- £240,000
- £250,000
- £260,000
- £270,000
- £280,000
- £290,000
- £300,000
- £310,000
- £320,000
- £330,000
- £340,000
- £350,000
- £360,000
- £370,000
- £380,000
- £390,000
- £400,000
- £410,000
- £420,000
- £430,000
- £440,000
- £450,000
- £460,000
- £470,000
- £480,000
- £490,000
- £500,000
- £520,000
- £540,000
- £560,000
- £580,000
- £600,000
- £650,000
- £700,000
- £750,000
- £800,000
- £850,000
- £900,000
- £950,000
- £1,000,000
- £1,100,000
- £1,200,000
- £1,300,000
- £1,400,000
- £1,500,000
- £1,600,000
- £1,700,000
- £1,800,000
- £1,900,000
- £2,000,000
- £2,250,000
- £2,500,000
- £3,000,000
First-time buyers
Wales has no first-time buyer relief. Here is what that means in practice.
First-time buyers in WalesSecond homes and buy-to-let
How the additional-property surcharge works in Wales, and when it does not apply.
Additional property in WalesCommon questions
Do first-time buyers pay Land Transaction Tax in Wales?
Yes, on the same terms as anyone else. Wales has no first-time buyer relief, so a first-time buyer pays the same LTT as a home mover on an identical purchase. The higher nil-rate band of £225,000 applies to every main-rates buyer.
Why does Wales have no first-time buyer relief?
Wales sets the highest nil-rate band of the three UK regimes and treats that as the substitute for a targeted relief. The benefit is spread across all main-rates buyers rather than directed at first-time buyers. The Welsh Revenue Authority publishes the current bands.
Is Land Transaction Tax the same as stamp duty?
No. Stamp Duty Land Tax has not applied in Wales since 2018. LTT is a separate Welsh tax with its own bands, its own higher rates and its own collector, the Welsh Revenue Authority. The searched term is stamp duty; the tax charged is LTT.
Do buyers from outside the UK pay extra in Wales?
No. There is no non-resident surcharge in Wales. That loading applies only under Stamp Duty Land Tax in England and Northern Ireland. A Welsh figure depends on the price and on whether the purchase is of an additional dwelling.
Source: Welsh Revenue Authority. Rates effective from 10 October 2022, verified 9 August 2026. Figures are computed from the published rate tables and checked against Welsh Revenue Authority’s own calculator.