Land Transaction Tax Calculator
Calculate Land Transaction Tax (LTT) for property purchases in Wales. Get instant tax estimates based on property price, buyer type, and transaction details. Supports GBP, EUR, and USD currencies.
Step 1: Property Details
£250,000
Welsh LTT Rates
Residential rates: 0% up to £225k, 6% on £225k-£400k, 7.5% on £400k-£750k, 10% on £750k-£1.5M, 12% above £1.5M. Higher rates for additional properties.
Step 2: Buyer Details
Tax Relief & Exemptions
First-time buyers pay no LTT on properties up to £225,000. Relief available for certain transactions. Additional 4% surcharge applies to second homes.
Land Transaction Tax Results
Tax Summary
Tax Breakdown
UK Comparison
Total Land Transaction Tax Due
£1,500
On £250,000 residential property
Property Price
£250,000
Tax Rate
0.6%
Effective Rate
0.6%
Additional Surcharge
£0
Detailed Tax Breakdown
Band 1 (0%)
£0
Band 2 (6%)
£1,500
Band 3 (7.5%)
£0
Total Tax
£1,500
| Price Band | Tax Rate | Amount in Band | Tax Due |
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UK Property Tax Comparison
| Region | Tax Name | Tax on £250k | Tax on £500k | Highest Rate |
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