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 267320

Resources

Land Transaction Tax

Land Transaction Tax (LTT) is payable on land and property transactions in Wales from 1 April 2018. Prior to 1 April 2018 SDLT applied 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. Rates may be increased by 3% where further residential properties, costing over £40,000, are acquired.

LTT (Non-residential)

Consideration (£) Rate
0 - 150,000 Nil
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

Latest news

Moving Accountants

Accountants are extremely important to the functioning and profitability of your company. As well as managing your busin...

Click to read more >

Limited Company or Sole Trade?

Many people decide to make the jump in their career ventures into going solo " when making this exciting new change it...

Click to read more >

How can we help?

 

Submit

Testimonial

The daunting task of filling in forms and returning e-mails have been made so easy

Julie & Nigel Staley
Uncle Bunt's Leics Limited

Click to read the full testimonial >