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HMRC internal manual

Stamp Duty Land Tax Manual

Stamp Duty Land Tax Manual: recent changes

Below are details of the amendments that were published on 27 December 2013 (see the update index for all updates)

Page Details of update
SDLTM04060 At the end of the first two bullets added ‘and’.
SDLTM27080 Staircasing transactions: no market value election: tenant acquires a share of the property in excess of 80%

These transactions will only be notifiable if the consideration given for the transaction exceeds the SDLT threshold. For this purpose these transactions are treated as (deleted not) linked to the grant of the lease or to any (deleted other) earlier staircasing transaction.

  • Box 2: enter code O
  • Box 9: leave blank
  • Box 10: enter the amount of the payment made for the additional share
  • Box 13: enter “yes” (delete no)     
      SDLTM62080 Section, ‘To notify linked transactions all within code L at question 2 on a single SDLT1:’
  • ( deleted for paper returns) Notify the other linked transactions on supplementary form(s) SDLT4, taking care to complete questions 22 to 25 (with 0 if not applicable). Deleted last sentence).