Introducing Welsh Land Tax, the replacement for Stamp Duty Land Tax (SDLT) in Wales. Managed and collected by the Welsh Revenue Authority (WRA) on behalf of the Welsh Government, this tax aims to streamline the process and ensure fair taxation. At Apex Estate Agents, we understand the importance of staying up-to-date with the latest regulations surrounding Welsh Land Tax.
Our expert team is here to guide you through the complexities of this tax, providing you with the knowledge and support you need to successfully navigate and make informed decisions in the property market. Trust Apex Estate Agents to be your reliable source, catering to all your property needs in Pontypridd, Merthyr, Aberdare, Bargoed, Treorchy and Tonypany.
At Apex, we will assist you in making sense of Welsh Land Tax and its impact on your property transactions.
WHO HAS TO PAY
You must pay LTT if you buy a property or land over a certain price threshold in Wales. The threshold is where the tax starts to apply.
Based on the LTT rates and bands set by the Welsh Government.