Main residential rates
| Price | Rate |
|---|---|
| up to £225,000 | 0% |
| £225,001–£400,000 | 6% |
| £400,001–£750,000 | 7.5% |
| £750,001–£1.5m | 10% |
| over £1.5m | 12% |
Higher rates (from 11 December 2024): 5% up to £180,000, 8.5% to £250,000, 10% to £400,000, 12.5% to £750,000, 15% to £1.5m, 17% above. There is no first-time buyer relief in Wales.
FAQ
How much LTT on £300,000?
£4,500: 6% of £75,000.
Sources (checked 6 Nov 2026): Welsh Revenue Authority LTT rates.