111 SDLT: threshold for higher rate applying to certain transactions
Finance Act 2014 (2014 c 26) | Legislation

111  SDLT: threshold for higher rate applying to certain transactions

(1)     Schedule 4A to FA 2003 (SDLT: higher rate for certain transactions) is amended as follows.

(2)     In paragraph 1(2) (meaning of “higher threshold interest”) for “£2,000,000” substitute “£500,000”.

(3)     In consequence of the amendment made by subsection (2), in the following provisions, for “£2,000,000” substitute “£500,000”—

(a)     paragraph 4(1)(c);

(b)     paragraph 6(2);

(c)     paragraph 6(3)(b).

(4)     The amendments made

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