On 3 March 2021, the Welsh Government announced that the temporary increase to the nil rate band of Land Transaction Tax (LTT) for residential property transactions will be extended to 30 June 2021. There are different LTT rates and bands for different types of property, find out more about the bands in the Government Guidance.
source gov.wales
Use this Tax Calculator to help you work out how much tax you’ll pay.
If you're a tax professional read the new LTT changes guide.
If the current LTT holiday taught us anything, it's that demand will be high. Get in touch soon to arrange a free property appraisal to find out what your property could be worth and get the process started early to take advantage of these savings.