Stamp Duty Land Tax Manual

SDLTM20225 - Freeports and Investment Zones relief 바카라 사이트� use of land in a 바카라 사이트渘on-qualifying manner바카라 사이트�

Relief is not given where the land is used by any person in a non-qualifying way. Non-qualifying uses (para 3(2)) of land are 바카라 사이트�

a) as a dwelling or as the garden or grounds of a dwelling,

b) development or redevelopment to become residential property,

c) exploitation as a source of rents or other receipts payable by a person using the land as a dwelling or as the garden or grounds of a dwelling, or

d) held (as stock of the business) for resale without development or redevelopment.

References to land used as the garden or grounds for a dwelling include use of buildings or structures on that land (para 3(4)).

For cases involving certain alternative finance arrangements, land held by the 바카라 사이트渇inancial institution바카라 사이트� is deemed to be held by the 바카라 사이트渞elevant person바카라 사이트� (the person other than the financial institution who entered into the alternative finance arrangement). This means that land will only be regarded as being held for resale as stock of the financial institution바카라 사이트檚 business without development or redevelopment if it would be were it held by the 바카라 사이트渞elevant person바카라 사이트� (para 11(3)(b)).