Land Transaction Tax and Anti-avoidance of Devolved Taxes (Wales) Act 2017 (anaw1)

SCHEDULE 5 HIGHER RATES RESIDENTIAL PROPERTY TRANSACTIONS

PART 2 BUYER IS AN INDIVIDUAL: SINGLE DWELLING TRANSACTIONS

Two or more buyers

6 Where there are two or more buyers who are individuals in a transaction—

(a) the transaction is a higher rates residential property transaction if paragraph 3 applies in relation to any one of the buyers;

(b) an intermediate transaction (within the meaning of paragraph 9(2)) is to be treated as a higher rates residential property transaction if paragraph 9 applies in relation to any one of the buyers.