Wales
LTT on £300,000
Main residential LTT is £4,500. Wales has no separate first-time buyer relief, so that column matches. Higher residential rates, a different table rather than a flat surcharge, come to £19,950.
| Buyer | Tax | Rule |
|---|---|---|
| First home | £4,500 | From 10 October 2022 |
| Moving home | £4,500 | From 10 October 2022 |
| Additional property | £19,950 | From 11 December 2024 |
Wales has no separate first-time buyer table, so the first-home figure matches the main residential bands.
How the moving-home figure is sliced
| Slice | Rate | Amount | Tax |
|---|---|---|---|
| £0 to £225,000 | 0% | £225,000 | £0 |
| £225,000 to £300,000 | 6% | £75,000 | £4,500 |
- Wales does not have a separate first-time buyer rate table. The main residential bands are used.
- This is an illustration of published residential rates for one property. It is not an HMRC, Revenue Scotland, or Welsh Revenue Authority return. Linked purchases, companies, six or more dwellings, shared ownership and leases can use different rules.
Change this price in the calculator · Current bands · Additional property
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