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Finance Act 2003
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Finance Act 2003, Paragraph 1 is up to date with all changes known to be in force on or before 04 February 2025. There are changes that may be brought into force at a future date. Changes that have been made appear in the content and are referenced with annotations.
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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).
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