SCHEDULES
F1Schedule 6BTransfers involving multiple dwellings
The relief
4
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If relief under this Schedule is claimed for a relevant transaction, the amount of tax chargeable in respect of the transaction is the sum of—
a
the tax related to the consideration attributable to dwellings (see paragraph 5(1) and (2)), and
b
the tax related to the remaining consideration (if any) (see paragraph 5(7)).
2
“The consideration attributable to dwellings” is—
a
for a single dwelling transaction, so much of the chargeable consideration for the transaction as is attributable to the dwelling,
b
for a multiple dwelling transaction, so much of the chargeable consideration for the transaction as is attributable to the dwellings in total.
3
“The remaining consideration” is the chargeable consideration for the transaction less the consideration attributable to dwellings.
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5
If the whole or part of the chargeable consideration for a relevant transaction is rent, sub-paragraph (1) has effect subject to section 56 and Schedule 5.
6
“Attributable” means attributable on a just and reasonable basis.
Sch. 6B inserted (with effect in accordance with Sch. 22 para. 9 of the amending Act) by Finance Act 2011 (c. 11), Sch. 22 para. 3