SDLT chargeable consideration
Produced in partnership with Charles Goddard of Rosetta Tax
SDLT chargeable consideration

The following Tax guidance note Produced in partnership with Charles Goddard of Rosetta Tax provides comprehensive and up to date legal information covering:

  • SDLT chargeable consideration
  • Categories of chargeable consideration
  • Money and money’s worth
  • Value added tax
  • Apportionment
  • Non-monetary consideration and market value
  • Exchanges of land
  • Linked transactions
  • Connected companies
  • Debt as consideration
  • more

This Practice Note looks at the meaning of chargeable consideration, which determines the amount of stamp duty land tax (SDLT) payable on a chargeable transaction. For details on what amounts to a chargeable transaction, see Practice Note: Land transactions, chargeable interests and chargeable transactions. For details of chargeable consideration in the context of leases, see Practice Note: SDLT-common lease transactions.

SDLT ceased to apply to any land transaction involving any interests in or over land in Scotland from 1 April 2015. From that date, land and buildings transaction tax (LBTT) applies to such transactions, subject to transitional provisions. Consequently, references in this Practice Note to 'UK land' or similar expressions in the context of the application of SDLT should be read to exclude any interests in or over land in Scotland from 1 April 2015. For further details, see the LBTT subtopic.

SDLT ceased to apply to any land transaction involving any interest in or over land in Wales from 1 April 2018. From that date, land transaction tax (LTT) applies to such transactions, subject to transitional provisions. Consequently, references in this Practice Note to 'UK land' or similar expressions in the context of the application of SDLT should be read to exclude any interests in or over land in Wales from 1 April 2018. For further details, see the Wales: LTT subtopic.

Chargeable