1228. Duty to deliver land transaction return; in general.

In the case of every notifiable transaction1, the purchaser must deliver a return (a 'land transaction return') to Her Majesty's Revenue and Customs (HMRC) before the end of the period of 14 days beginning with the effective date of the transaction2. A land transaction return in respect of a chargeable transaction must include an assessment (a 'self-assessment') of the tax that, on the basis of the information contained in the return, is chargeable in respect of the transaction3.

Where relief is withdrawn under certain provisions4, the purchaser must deliver a further return before the end of the period of 30