Part 1 Land Transaction Returns
Finance Act 2003 (2003 c 14) | Legislation

SCHEDULE 10 Stamp Duty Land Tax: Returns, Enquiries, Assessments and Appeals

Section 78

Part 1 Land Transaction Returns

Contents of return

1

(1)     A land transaction return must—

(a)     be in the prescribed form,

(b)     contain the prescribed information, and

(c)     include a declaration by the purchaser (or each of them) that the return is to the best of his knowledge correct and complete.

[(1A)     Sub-paragraph (1)(c) is subject to paragraphs 1A and 1B.]

(2)     In sub-paragraph (1) “prescribed†means prescribed by regulations made by the Inland Revenue.

(3)     The regulations may make different provision for different kinds of return.

(4)     Regulations under sub-paragraph (1)(b) may require the provision of information corresponding to any of the particulars formerly required under—

(a)     Schedule 2 to the Finance Act 1931 (c 28) (requirement to deliver particulars of land transactions in Great Britain), or

(b)     section 244 of the Finance Act 1994 (c 9) (corresponding provision for Northern Ireland).

(5)     The return is treated as containing any information provided by the purchaser for the purpose of completing the return.

[Declaration by agent

1A

(1)     Where—

(a)     the purchaser (or each of them) authorises an agent to complete a

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