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HMRC internal manual

Stamp Duty Land Tax Manual

HM Revenue & Customs
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Special provisions relating to partnerships: Transfers of a chargeable interest to a partnership

If Para10 applies to the transfer of a chargeable interest to a partnership, the chargeable consideration for the transaction is computed as a proportion of the market value - see SDLTM04140 of the chargeable interest transferred.

That proportion is calculated as (100 - SLP)%, where SLP is the ‘sum of the lower proportions’.

Where Para10 applies, the sum of the lower proportions is computed in accordance with the steps set out in Para12 - see SDLTM33550.