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HMRC internal manual

Stamp Duty Land Tax Manual

HM Revenue & Customs
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Calculation of Stamp Duty Land Tax (SDLT): Rent: Term includes a part year

For the purposes of calculating stamp duty land tax, if the term of the lease includes a part year, the annual rent should be apportioned to the number of days in the part year. The part year will always fall at the end of the lease for the purposes of calculating net present value.


Refer to SDLTM13090 and SDLTM13095 onwards for examples.