SDLTM09586 - Use for the purposes of a relievable trade FA03/Sch4A/Para5
Where the acquisition of a chargeable interest is exclusively for the purposes of a relievable trade, the 17 percent higher rate charge will not apply to the transaction. Instead, SDLT will be charged at the higher rates 바카라 사이트“ see SDLTM09835 Higher rates for additional dwellings: purchases by companies and other non-individuals for more information.
A trade is a relievable trade if it is run on a commercial basis and with a view to profit.
Relief will be withdrawn and a further return and payment of SDLT due if, during the control period, the rules at SDLTM09660 apply.