Land Transaction Tax changes in Wales from 1st July 2021

08/07/2021 - Watts & Morgan

Land Transaction Tax changes in Wales from 1st July 2021

From 1 July 2021 there are changes to the Stamp Duty Land Tax (SDLT) and Land Transaction Tax (LTT) bands for residential property.

LTT is payable by the purchaser in a land transaction occurring in Wales. The rates for residential property from 1 July 2021 are in the table above.

*source - https://gov.wales/land-transaction-tax-rates-and-bands

 

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