LTT (Wales)

⚠ This is Wales only. England and Northern Ireland charge Stamp Duty Land Tax and Scotland charges Land and Buildings Transaction Tax — three taxes with three sets of bands and, more importantly, three different structures.

⚠ There is no first-time buyer relief

Not a smaller one: none at all. Wales answered the same problem by setting a higher nil rate band for everybody instead, which is worth more to some buyers than the English relief and nothing to the ones it was aimed at. Any page showing Wales a first-time buyer discount is wrong.

⚠ Additional properties use a SECOND LADDER, not a surcharge

England adds a surcharge to every band. Scotland adds a flat percentage of the whole price. Wales does neither — it has an entirely separate set of bands with their own thresholds and their own rates, and the higher ladder starts charging from the first pound rather than from a nil band.

So the higher rates cannot be worked out from the main ones, and a calculator that treats them as Stamp Duty with a Welsh surcharge will be wrong at every price.

It is sliced, not a single rate

Each band's rate applies only to the part of the price inside it. The bands above are listed so the total can be checked a line at a time against the Welsh Government's own table.

What this does not cover

Non-residential and mixed property, which has its own bands. Leases, where the rent is taxed as well as the premium. Multiple dwellings relief. Group and charity reliefs. And the higher rates refund when a previous main residence is sold within the allowed period.

Where these figures come from

⚠ These rates are not published by gov.uk, because this tax is devolved. They come from the Welsh Government, and they are checked against it exactly the way every gov.uk figure on this site is checked. How these numbers are kept right sets out the process.

Stamp Duty (England & NI)