Guidance

Stamp Duty Land Tax: Welsh transactions

Find what to do about Land Transaction Tax when you buy land and property in Wales from 1 April 2018.

Transactions on or after 1 April 2018

From 1 April 2018 you’ll pay Land Transaction Tax (LTT) on any land transactions in Wales. LTT is operated by the Welsh Revenue Authority.

You won’t have to pay Stamp Duty Land Tax (SDLT) or need to send HM Revenue and Customs (HMRC) a return for these transactions.

For more detail about SDLT to LTT, read cross-border and transitional guidance.

Special cases

You’ll still have to pay SDLT and notify HMRC if your transaction matches one of the cases below.

Retrospective notification cases

Tell HMRC about your transaction afterwards. For example, those cases where the transaction took place before 1 April 2018 but didn’t become notifiable until after 1 April 2018.

Transitional cases

Land transactions where a contract was entered into before 17 December 2014 but completion takes place on or after 1 April 2018.

Cross-border cases

Transactions for land that falls on both sides of the English-Welsh border. You’ll only pay SDLT on the English part of the transaction. LTT may be payable to the Welsh Revenue Authority for the Welsh part of the transaction.

Multiple interest cases

A single transaction relating to multiple properties that are in England, Northern Ireland (or both) and Wales. Only the properties in England and Northern Ireland are subject to SDLT.

Any properties in Scotland which are part of the transaction are subject to Land and Buildings Transaction Tax.

Transactions before 1 April 2018

You’ll pay SDLT on all transactions made with an effective date before 1 April 2018.

You can make an online or a paper return to HMRC.

Published 14 December 2017