46 Exceptions for certain acquisitions of major interests in land

Section 46 Exceptions for certain acquisitions of major interests in land

Land Transaction Tax and Anti-avoidance of Devolved Taxes (Wales) Act 2017 (2017 anaw 1) | Legislation

46  Exceptions for certain acquisitions of major interests in land

(1)     The exceptions referred to in section 45 are as follows.

(2)     A transaction which is exempt from charge as provided for in Schedule 3.

(3)     An acquisition other than the grant, assignment or surrender of a lease where the chargeable consideration, together with the chargeable consideration for any linked transactions, is less than £40,000.

(4)     The grant of a lease for a term of less than 7

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