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Land Transaction Tax (LTT) calculator

Calculate the Land Transaction Tax on your residential property in Wales

Stamp Duty has been replaced by Land Transaction Tax (LTT) for properties bought in Wales. LTT will apply to residential properties costing over £180,000. You can use this calculator to find the amount of Land Transaction Tax you’ll have to pay. You can also work out the cost of LTT on any additional properties you purchase over £40,000, like buy to lets or second homes, which will be charged a 3% additional supplement.

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Buying in England, Northern Ireland or Scotland?

If you are buying in any of these countries then use the appropriate calculator to work out how much you will pay

Land Transaction Tax (LTT) calculator - Your Results

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Land Transaction Tax to pay is
Land Transaction Tax on your additional property Land Transaction Tax to pay is
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The effective tax rate is 0.00%

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How is this calculated? Click to expand.

Land Transaction Tax (LTT) is paid at different rates, depending on the band the purchase price falls into. For example, someone buying a property for £280,000 would pay no tax on the value of the property up to £180,000, 3.5% tax on the property value between £180,001 and £250,000 and 5% on the property value between £250,001 and £280,000. In this case, total liability for Land and Buildings Transaction Tax (LTT) would be £3,950 giving an effective tax rate of 1.41% (average percentage rate of tax paid).

Anyone buying a second home including a buy to let property will pay an extra 3% on top of the relevant standard rate band. In this example that would represent an extra £8,400, meaning the total stamp duty would be £12,350 giving an effective tax rate of 4.41%.

Purchase price of property Rate of Land Transaction Tax Buy to Let/Additional Home rate *
£0 - £180,000 0% 3%
£180,001 - £250,000 3.5% 6.5%
£250,001 - £400,000 5% 8%
£400,001 - £750,000 7.5% 10.5%
£750,001 - £1,500,000 10% 13%
£1,500,000+ 12% 15%

* Properties under £40,000 are not subject to additional home surcharge.

Land Transaction Tax (LTT) is paid at different rates, depending on the band the purchase price falls into. For example, someone buying a property for £280,000 would pay no tax on the value of the property up to £180,000, 3.5% tax on the property value between £180,001 and £250,000 and 5% on the property value between £250,001 and £280,000. In this case, total liability for Land and Buildings Transaction Tax (LTT) would be £3,950 giving an effective tax rate of 1.41% (average percentage rate of tax paid).

Anyone buying a second home including a buy to let property will pay an extra 3% on top of the relevant standard rate band. In this example that would represent an extra £8,400, meaning the total stamp duty would be £12,350 giving an effective tax rate of 4.41%.

Purchase price of property Rate of Land Transaction Tax Buy to Let/Additional Home rate *
£0 - £180,000 0% 3%
£180,001 - £250,000 3.5% 6.5%
£250,001 - £400,000 5% 8%
£400,001 - £750,000 7.5% 10.5%
£750,001 - £1,500,000 10% 13%
£1,500,000+ 12% 15%

* Properties under £40,000 are not subject to additional home surcharge.

Did you know?

You have to pay Land Transaction Tax within 30 days of buying a property. If you're using a solicitor to carry out the conveyancing, they will normally organise the payment for you.

Land Transaction Tax – Everything you need to know

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