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