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Temporary Welsh increase to nil rate band of LTT for main residences only

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The Welsh Government has announced a temporary increase to the nil rate band of Land Transaction Tax (LTT) to £250,00 for main residence property transactions from 27th July 2020 until 31st March 2021.

The tax paid for higher rate residential or non-residential transactions are unchanged.

The post Temporary Welsh increase to nil rate band of LTT for main residences only appeared first on Property118.

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