25 Submission of a land transaction return (before 12 March 2008): notifiable transactions1
Where a transaction is ‘notifiable’ the person acquiring the interest must deliver to HM Revenue and Customs a land transaction return within 30 days of its effective date2. The land transaction returns used by the taxpayer must be in the form prescribed by HM Revenue and Customs from time to time3. The SDLT14 is the main form with the other forms being used in specific circumstances. For many property transactions