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HMRC internal manual

Stamp Duty Land Tax Manual

From
HM Revenue & Customs
Updated
, see all updates

Scope: How much is chargeable: Contingent, uncertain or unascertained consideration: Definitions FA03/S51(3)

In relation to consideration

  • contingent means

    • to be paid or provided only if some uncertain future event occurs
    • to cease to be paid or provided if some uncertain future event occurs
  • uncertain means amount or value depends on uncertain future events.

Where payment of an amount of consideration would be paid, provided a future event happens, then it should be assumed that event will happen and that amount will be paid.

Where an amount of consideration will cease to be payable provided a future event happens, then it should be assumed that event will not happen and that the amount will be paid.