Welsh Land Transaction Tax Update: Summer 2021

14 June, 2021

Temporary reduction ends on 30 June 2021

As previously announced by Welsh Government, the nil rate band of Land Transaction Tax (LTT) for residential property transactions will revert to £180,000 on 1 July 2021.

There are no transitional rules. A transaction will need to have completed before Thursday 1 July 2021 to use the temporary increase to the nil rate band.

Our LTT calculator, services and guidance reflect this change

Higher rates checker tool

Use our Land Transaction Tax higher rates checker to help you decide if higher rates apply to a transaction.

For linked transactions please refer to our guidance instead.