The Welsh Land Transaction Tax is coming

The new Land Transaction Tax (LTT) replaces Stamp Duty Land Tax (SDLT) in Wales on Sunday 1st April 2018. All transactions after this date will be subject to the new tax and tax payments will be collected by the Welsh Revenue Authority (WRA).

The rates and bands for LTT are different from current rates for SDLT. The WRA has developed a tax calculator for the amount of LTT you will need to pay for Welsh transactions.  Click on this link here to view the Land Transaction Tax calculator:

https://beta.gov.wales/land-transaction-tax-calculator