LTT


Land Transaction Tax replaces Stamp Duty in Wales

From April 1 the Welsh Assembly Government introduced its own Land Transaction Tax (LTT) replacing Stamp Duty Land Tax (SDLT). This means that England, Scotland and Wales each have their own separate regime for taxing the acquisition of land.  LTT is the first tax introduced by a Welsh Government in almost 800 years. What is Land Transaction Tax (LTT)? Like SDLT, LTT will be payable […]