Client accessAutumn Statement 2022 – Land transaction tax
Budget Summary
- Income tax
- National insurance contributions
- Capital gains
- Inheritance tax
- Stamp duty land tax
- Land transaction tax
- Business
- VAT
- Vehicles
- Welfare, work and pensions
- Energy
The Welsh government also altered its rates in relation to land and buildings in Wales for transactions with an effective date on or after 10 October 2022.
| ResidentialBand £ | Rate% | Non-residentialBand £ | Rate% |
| 0 – 225,000 | 0 | 0 – 225,000 | 0 |
| 225,001 – 400,000 | 6 | 225,001 – 250,000 | 1 |
| 400,001 – 750,000 | 7.5 | 250,001 – 1,000,000 | 5 |
| 750,001 – 1,500,000 | 10 | Over 1,000,000 | 6 |
| Over 1,500,000 | 12 |
Higher rates may be payable where further residential properties are acquired.
