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Current LTT Rates in Wales Property Value:LTT RateLess than £225k0%Over £225,000 (Up to and including £400,000)6%Over £400,000 (Up to and including £750,000)7.5%Over £750,000 (Up to and including £1,500,000)10%1 more row • May 5, 2023

Non-residential property tax rates Price thresholdLTT rateThe portion up to and including £150,0000%The portion over £150,000 up to and including £250,0001%The portion over £250,000 up to and including £1,000,0005%The portion over £1,000,0006% Oct 10, 2022

Current LTT Rates in Wales Property Value:LTT RateLess than £225k0%Over £225,000 (Up to and including £400,000)6%Over £400,000 (Up to and including £750,000)7.5%Over £750,000 (Up to and including £1,500,000)10%1 more row • May 5, 2023

Wales stamp duty rates (LTT Rate) Property priceStamp duty rate£225,001 – £400,0006%£400,001 – £750,0007.5%£750,001 – £1,500,00010%£1,500,001+12%1 more row

Non-residential property tax rates Price thresholdLTT rateThe portion up to and including £150,0000%The portion over £150,000 up to and including £250,0001%The portion over £250,000 up to and including £1,000,0005%The portion over £1,000,0006% Oct 10, 2022

Transactions count as 'linked' if: there is more than one transaction; the same transactions are between the same buyer and seller (or people connected to them); and. the transactions are part of a single arrangement or scheme or part of a series of transactions.

Wales stamp duty rates (LTT Rate) Property priceStamp duty rate£225,001 – £400,0006%£400,001 – £750,0007.5%£750,001 – £1,500,00010%£1,500,001+12%1 more row

Land transaction tax in Wales (previously known as welsh stamp duty) is payable when you buy land or property over a certain price. You can use the above land transaction tax calculator to work your liability using the current tax band rates.

Transactions count as 'linked' if: there is more than one transaction; the same transactions are between the same buyer and seller (or people connected to them); and. the transactions are part of a single arrangement or scheme or part of a series of transactions.

Linked transactions must have the same seller and buyer or, in either case, parties connected with them. Therefore, multiple acquisitions by a buyer from several different unconnected sellers are not linked. Similarly, acquisitions by several unconnected buyers from a single seller are not linked transactions.

Land transaction tax in Wales (previously known as welsh stamp duty) is payable when you buy land or property over a certain price. You can use the above land transaction tax calculator to work your liability using the current tax band rates.

Land Transaction rates and bands (Wales) You pay Stamp Duty on the consideration paid for the land or property.

It means that both buyer and seller are legally tied in to buy and sell the property on the completion date.

Linked transactions must have the same seller and buyer or, in either case, parties connected with them. Therefore, multiple acquisitions by a buyer from several different unconnected sellers are not linked. Similarly, acquisitions by several unconnected buyers from a single seller are not linked transactions.

Successive leases A renewal lease will be treated as linked with the original lease if, for example, the rent was fixed under the terms of the original lease or is stated to be the same as that payable under the original lease.

Land Transaction rates and bands (Wales) You pay Stamp Duty on the consideration paid for the land or property.

The concept of 'linked transactions' is an anti-avoidance measure to avoid the artificial splitting-up of transactions to obtain an overall reduction in LBTT payable, for example, by obtaining multiple nil-rate thresholds against the aggregate consideration in a series of transactions.

It means that both buyer and seller are legally tied in to buy and sell the property on the completion date.

Successive leases A renewal lease will be treated as linked with the original lease if, for example, the rent was fixed under the terms of the original lease or is stated to be the same as that payable under the original lease.

The concept of 'linked transactions' is an anti-avoidance measure to avoid the artificial splitting-up of transactions to obtain an overall reduction in LBTT payable, for example, by obtaining multiple nil-rate thresholds against the aggregate consideration in a series of transactions.