SDLT—deeds of rectification
SDLT—deeds of rectification

The following Tax practice note provides comprehensive and up to date legal information covering:

  • SDLT—deeds of rectification
  • Extent of land incorrect
  • Easements and covenants
  • Leases
  • Increase in rent
  • Reduction in rent or term
  • Other variations
  • Increase in term or demise
  • Agreement for lease–substantially performed then rescinded

Stamp duty land tax (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.

Where a completed document does not correctly reflect what the parties agreed in the contract giving effect to it, they can seek to rectify it by court order or deed. A deed of rectification, when read with the original deed, gives effect to what the parties agreed. This method should only be undertaken if the parties are entirely agreed

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