SCHEDULES
C1SCHEDULE 9Stamp duty land tax: right to buy, shared ownership leases etc
F1F2No relief for first-time buyers for staircasing transactions etc
Sch. 9 para. 16 and cross-heading inserted (with effect in accordance with s. 41(8) of the amending Act) by Finance Act 2018 (c. 3), s. 41(5)
Sch. 9 para. 16 cross-heading substituted (with effect in accordance with s. 42(7) of the amending Act) by Finance Act 2019 (c. 1), s. 42(5)
16
1
This paragraph applies where—
F3a
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
F4b
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
c
paragraph 4A applies in relation to the acquisition of an interest (but the acquisition is not exempt from charge by virtue of sub-paragraph (2) of that paragraph),
F5d
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . or
e
an equity-acquisition payment is made under a shared ownership trust (but the equity-acquisition payment, and the consequential increase in the purchaser's beneficial interest, are not exempt from charge by virtue of paragraph 10).
2
Schedule 6ZA (relief for first-time buyers) does not apply in relation to—
F6a
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
b
the acquisition of the interest,
F7c
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . or
d
the equity-acquisition payment and the consequential increase in the purchaser's beneficial interest.
Sch. 9 modified (temp.) (22.7.2020) by Stamp Duty Land Tax (Temporary Relief) Act 2020 (c. 15), s. 1 (as amended (10.6.2021) by 2021 c. 26, s. 87(2))