Subscribe Skip to main content

Trending News & Articles

Browse News
Back to News
Purchase Of Land - Nil Rate Band Increase For Land Transaction Tax In Wales
27 July 2020
1 min read

Purchase Of Land - Nil Rate Band Increase For Land Transaction Tax In Wales

The Welsh Government has temporarily increased the nil rate band of land transaction tax for residential property transactions in Wales, increasing the nil rate from £180,000 to £250,000 for main residential purchases. The temporary rates apply for main residential purchases between 27 July 2020 and 31 March 2021, but do not apply to purchases of second homes or buy-to-let properties.
Conveyancing and Property News and Updates
E-NEWS

Stay Updated

Stay up to date with By Lawyers. Subscribe to our mailing list for publication updates, legal alerts and articles.