C1C2Part 4Stamp duty land tax
Pt. 4 modified (coming into force at 2 p.m. on 6.12.2006) by The Stamp Duty Land Tax (Variation of the Finance Act 2003) Regulations 2006 (S.I. 2006/3237), regs. 1, 2, Sch.
Liability for and payment of tax
86I1Payment of tax
1
Tax payable in respect of a land transaction must be paid F1not later than the filing date for the land transaction return relating to the transaction.
2
Tax payable as a result of the withdrawal of relief under—
a
Part 1 of Schedule 7 (group relief),
b
Part 2 of that Schedule (reconstruction or acquisition relief), or
c
Schedule 8 (charities relief),
must be paid F2not later than the filing date for the return relating to the withdrawal (see section 81).
3
Tax payable as a result of the amendment of a return must be paid forthwith or, if the amendment is made before the filing date for the return, not later than that date.
4
Tax payable in accordance with a determination or assessment by the Inland Revenue must be paid within 30 days after the determination or assessment is issued.
5
The above provisions are subject to—
a
section 90 (application to defer payment of tax in case of contingent or uncertain consideration), and
b
paragraphs 39 and 40 of Schedule 10 (postponement of payment pending determination of appeal).
6
This section does not affect the date from which interest is payable (as to which, see section 87).
Pt. 4 construed as one with S.I. 2006/575, reg. 43 (6.4.2006) by The Pension Protection Fund (Tax) Regulations 2006 (S.I. 2006/575), regs. 1, 43(4)