Property Tax in Wales
Land Transaction Tax in Wales
Land Transaction Tax (LTT) is the alternative to SDLT for property located in Wales. Relatus have worked with the Welsh Revenue Authority for many years and are as familiar with LTT as we are with SDLT.
Wales
Property Tax in Wales
Standard LTT Rates
Purchase Price | LTT rate
|
Up to and including £225,000 | 0%
|
£225,001 up to and including £400,000 | 6%
|
£400,001 up to and including £750,000 | 7.5%
|
£750,001 up to and including £1,500,000 | 10%
|
over £1,500,000 | 12%
|
Higher Residential Rates
Purchase Price
| LTT rate |
Up to and including £180,000
| 5% |
| £180,001 up to and including £250,000 | 8.5% |
| £250,001 up to and including £400,000 | 10% |
| £400,001 up to and including £750,000 | 12.5% |
| £750,001 up to and including £1,500,000 | 15% |
| Over £1,500,000 | 17%
|
Non-residential Rates
Purchase Price
| LTT rate |
up to and including £225,000
| 0% |
| £225,001 up to and including £250,000 | 1% |
| £250,001 up to and including £1,000,000 | 5% |
| Over £1,000,000 | 6% |
Reasons to use Relatus for your Property Tax
Our customers rate us an average of 4.9 on TrustPilot...
Check out the many reasons why our customers choose us. We may be slightly biased, but our TrustPilot reviews are not.
An average of 4.9 out of 5, across 225+ reviews.
Highly rated on TrustPilot
We have an average rating of 4.9 from over 225 reviews.
Over 10 years experience
We have helped people to pay the correct amount of SDLT and LTT for over 10 years.
We have the expertise
Relatus specialises in SDLT and LTT, we are made up of qualified accountants, qualified members of the Association of Taxation Technicians (ATT) and qualified (non-practicing) solicitors.
We are good at what we do
HMRC regularly agree with our position and we have recently won an appeal at the First Tier Tax Tribunal.
Flexible Fee structure
Fixed and contingent Fee arrangements available to suit our client’s preferences.
Opinion Service
We can provide full written advice to ensure that the correct amount of SDLT or LTT is paid.
Want to know more?
If you have any questions about your property tax, then get in touch with our team here at Relatus who will be happy to help.
