How it works
Apply Welsh main residential LTT marginal bands: 0% to £225,000; 6% to £400,000; 7.5% to £750,000; 10% to £1.5m; 12% above.
Input definitions
- Residential purchase price (£)
- Enter the value in the labeled unit.
A worked example
- Residential purchase price (£)
- 300000
Assumptions & limits
Sources checked 18 October 2026. GBP; main residential rates effective 10 October 2022. Excludes higher rates, reliefs, leases, linked and nonresidential transactions.
Sources & review
Maintained by AnsRio. Methods and examples use automated checks; this does not imply independent professional certification.
Method updated 2026-10-18. Content checked against the stated method and examples. Our verification approach.
Common questions
Does this include the higher residential rates?
No. Higher rates are a separate schedule and may apply to additional properties, trusts or companies. Check the Welsh Revenue Authority guidance.
How does Wales main residential Land Transaction Tax work?
Apply Welsh main residential LTT marginal bands: 0% to £225,000; 6% to £400,000; 7.5% to £750,000; 10% to £1.5m; 12% above.
What should I check before using Wales main residential Land Transaction Tax?
Sources checked 18 October 2026. GBP; main residential rates effective 10 October 2022. Excludes higher rates, reliefs, leases, linked and nonresidential transactions.