Q&As

How should a purchaser apportion the consideration for a land transaction when it is purchasing five titles and each title consists of dwellings and non-residential land? Would multiple dwellings relief apply?

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Published on LexisPSL on 17/01/2018

The following Tax Q&A provides comprehensive and up to date legal information covering:

  • How should a purchaser apportion the consideration for a land transaction when it is purchasing five titles and each title consists of dwellings and non-residential land? Would multiple dwellings relief apply?

How should a purchaser apportion the consideration for a land transaction when it is purchasing five titles and each title consists of dwellings and non-residential land? Would multiple dwellings relief apply?

Stamp duty land tax (SDLT) applies to chargeable land transactions. A land transaction is an acquisition of a chargeable interest (sections 42–43 of the Finance Act 2003 (FA 2003)).

Subject to some exceptions, the amount of SDLT is determined by the chargeable consideration for the

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