Finance Act 2003 (c. 14)

SCHEDULES

Valid from 10/07/2003

SCHEDULE 4 U.K. Stamp duty land tax: chargeable consideration

Money or money’s worth U.K.

1 (1) The chargeable consideration for a transaction is, except as otherwise expressly provided, any consideration in money or money’s worth given for the subject-matter of the transaction, directly or indirectly, by the purchaser or a person connected with him. U.K.

(2) Section 839 of the Taxes Act 1988 (connected persons) applies for the purposes of sub-paragraph (1).