Quote Originally Posted by TISS View Post
do they actually do anything positive ever? They are currently stifling the Welsh property market with their Land Transaction Tax when compared to what Parliament legislates for SDLT. The differences can be quite staggering.

And in case you didn't know, property prices are what support small and medium size business lending, thus fuelling the economy. Once again the Welsh Government are asleep at the wheel.
Taken from the government's website....

"The tax collected is used to support public services in Wales."

Sounds good to me. Better public transport. Better hospitals.

You pay this tax when you lease a building or land over 150K or 250K.

Compared to a minimum wager who works in Morrisons, you've probably got to be pretty well off to be able to lease property out.

I'm all for it.

https://gov.wales/land-transaction-tax-guide