Welsh Stamp Duty (LTT) Rates
In Wales, Land Transaction Tax replaces Stamp Duty. These are the main residential rates and the higher rates for buyers who already own a property.
Nil-rate threshold Wales
£225,000
No LTT is due on the first £225,000 of a main-rate residential purchase. Wales has no separate first-time buyer relief.
Welsh Revenue Authority · checked 30 Sep 2026
Rate on £225,001 to £400,000 Wales
6%
Each rate applies only to the part of the price within that band.
Welsh Revenue Authority · checked 30 Sep 2026
Higher rates: first £180,000 Wales
5%
Higher rates usually apply when buying a residential property worth £40,000 or more while already owning another.
Welsh Revenue Authority · since 11 Dec 2024 · checked 30 Sep 2026
Higher rates: above £1.5m Wales
17%
The top higher-rate band, rising in steps from 5% through 8.5%, 10%, 12.5% and 15%.
Welsh Revenue Authority · since 11 Dec 2024 · checked 30 Sep 2026
Stamp Duty Nil-Rate Threshold
£125,000
For comparison: the equivalent nil-rate threshold for Stamp Duty in England and Northern Ireland.
GOV.UK — HMRC · checked 22 Sep 2026