SDLTM03700 - Scope: How much is chargeable: General guidance on FA03/S50 and FA03/SCH4

The chargeable consideration for the purpose of Stamp Duty Land Tax comprises anything given for the transaction that is money or money바카라 사이트™s worth.

Cash is the usual form of consideration and its value is straightforward.

See SDLTM04050 where the cash is in a foreign currency.

But chargeable consideration can also be non-monetary such as

  • the release or assumption of a debt
  • works and services
  • the transfer of other property.

As a general rule, in accordance with FA03/SCH4/PaARA7, any non-monetary consideration should be valued at its market value, unless provided otherwise in the legislation.

Where the whole or any part of the consideration is received in a form other than cash, see SDLTM04000+.