SCHEDULE 11 Stamp Duty Land Tax: Higher Rates for Additional Dwellings
Finance Act 2018 (2018 c 3) | Legislation

SCHEDULE 11 Stamp Duty Land Tax: Higher Rates for Additional Dwellings

Section 40

1

Schedule 4ZA to FA 2003 (stamp duty land tax: higher rates for additional dwellings and dwellings purchased by companies) is amended as follows.

Previous residence required to be disposed of entirely

2

(1)     Paragraph 3 (single dwelling transactions: purchaser is an individual) is amended as follows.

(2)     In sub-paragraph (6)—

(a)     after paragraph (b) insert—

“(ba)     immediately after the effective date of the previous transaction, neither the purchaser nor the purchaser's spouse or civil partner had a major interest in the sold dwelling,†and

(b)     in paragraph (c) for “that period of three years†substitute “the period of three years referred to in paragraph (b)â€.

(3)     After sub-paragraph (6) insert—

“(6A)     Sub-paragraph (6)(ba) does not apply in relation to a spouse or civil partner of the purchaser if the two of them were not living together (see paragraph 9(3)) on the effective date of the transaction concerned.â€

(4)     In sub-paragraph (7) after paragraph (b) (but before “andâ€) insert—

“(ba)     immediately after the effective date of that other land transaction, neither the purchaser nor the purchaser's spouse or civil partner has a major

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