[F14[F2(1)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—U.K.
(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.
F3(4). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
(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.]
Textual Amendments
F1Sch. 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
F2Sch. 6B para. 4(1) substituted (with effect in accordance with s. 2(2) of the amending Act) by Stamp Duty Land Tax Act 2015 (c. 1), Sch. para. 7(2) (with s. 2(3)-(6))
F3Sch. 6B para. 4(4) omitted (with effect in accordance with s. 2(2) of the amending Act) by virtue of Stamp Duty Land Tax Act 2015 (c. 1), Sch. para. 7(3) (with s. 2(3)-(6))