Beta This part of GOV.UK is being rebuilt – find out what this means

HMRC internal manual

Stamp Duty Land Tax Manual

HM Revenue & Customs
, see all updates

Scope: How much is chargeable: General guidance on FA03/S50 and FA03/SCH4

The chargeable consideration for the purpose of Stamp Duty Land Tax (SDLT) comprises anything given for the transaction that is money or money’s worth.

Cash is the usual of consideration and its value is straightforward.

See SDLTM04050 where the cash is in a foreign currency.

But chargeable consideration can also be non-monetary such as

  • the release or assumption of a debt
  • works and services
  • the transfer of other property.

As a general rule any non-monetary consideration should be valued at its market value, unless provided otherwise in accordance with FA03/SCH4/PARA7.

Where the whole or any part of the consideration is received in a form other than cash, see SDLTM04000+.