LTT calculator for Wales

Purchase price

Which rates apply

Result

Land Transaction Tax to pay: £4,500.00
Effective rate on the price: 1.5%
LTT band by band: Part of the price Amount in band Rate LTT
£0 – £225,000 £225,000.00 0% £0.00
£225,000 – £300,000 £75,000.00 6% £4,500.00
Total £4,500.00; LTT applies to property in Wales only. Wales has no separate first-time buyer relief: first-time buyers pay the main residential rates. Non-residential property and leases are not covered here.

Part of the price	Amount in band	Rate	LTT
£0 – £225,000	£225,000.00	0%	£0.00
£225,000 – £300,000	£75,000.00	6%	£4,500.00
Total			£4,500.00