I1SCHEDULE 1OVERVIEW OF SCHEDULES

(as introduced by section 1(2))

Annotations:
Commencement Information
I1

Sch. 1 in force at 1.4.2018 by S.I. 2018/34, art. 3

I1

The Schedules to this Act are arranged as follows—

a

Schedules 2 to 4 comprise a group of Schedules which make provision related to the key concepts of land transaction tax—

i

Schedule 2 sets out how this Act applies to pre-completion transactions;

ii

Schedule 3 specifies certain transactions which are exempt from a charge to the tax;

iii

Schedule 4 makes detailed provision about what counts as chargeable consideration for a land transaction;

b

Schedule 5 makes provision about higher rates residential property transactions;

c

Schedule 6 makes provision about the application of this Act to leases;

d

Schedules 7 and 8 comprise a group of Schedules making provision about the application of this Act to certain entities, specifically partnerships (Schedule 7) and trusts (Schedule 8);

e

Schedules 9 to 22 comprise a group of Schedules which make provision about reliefs available from the tax;

f

Schedule 23 makes amendments to TCMA.