283. Land transaction returns.

In the case of every notifiable transaction the purchaser must deliver a land transaction return to Her Majesty's Revenue and Customs in standard form1. A transaction may be notifiable even though no duty is payable2.

Returns comprise four separate forms (SDLT1 to SDLT4) and a Revenue and Customs certificate3. The completed land transaction return, comprising SDLT1 and such of Forms SDLT2 to SDLT4 as are necessary, is sent to Revenue and Customs who, when satisfied that a land transaction return has been made and the details are broadly correct, will issue the taxpayer or his agent with a certificate in