Sorry. You need to upgrade your browser

You are using Internet Explorer 8

This is considered an out of date browser. This website has been developed with modern browsers in mind to allow it to display at its best in a wide variety of viewing situations - including mobile viewing. But we haven't supported older browsers like IE8. Please upgrade to the latest version of Internet Explorer - or try Mozilla Firefox or Google Chrome. Both are excellent browsers.

Thank you.

Chartered Certified Accountants
and Business Advisors

01530 447999

Resources

Land Transaction Tax

Land Transaction Tax (LTT) is payable on land and property transactions in Wales.

LTT (Residential property)

Consideration (£) Rate
0 - 180,000 0%
180,001 - 250,000 3.5%
250,001 - 400,000 5%
400,001 - 750,000 7.5%
750,001 - 1,500,000 10%
1,500,000 and above 12%

The rates apply to the portion of the total value which falls within each band. Residential rates may be increased by 3% where further residential properties, costing over £40,000, are acquired.

LTT (Non-residential)

Consideration (£) Rate
0 - 150,000 0%
150,001 - 250,000 1%
250,001 - 1,000,000 5%
Over 1,000,000 6%

The rates apply to the portion of the total value which falls within each band.

Back to menu of allowances and rates

How can we help?

 

Submit

Testimonial

Finally an accountancy team that are thinking about our pennies as much as we are!

Helen Lamoon
Colab Enterprise Ltd

Click to read the full testimonial >