PART 6RETURNS AND PAYMENTS
CHAPTER 2LIABILITY FOR AND PAYMENT OF TAX
Liability for tax
I156Liability for tax
1
The buyer in a chargeable transaction must pay the tax in respect of that transaction and accordingly the buyer is chargeable to the tax for the purposes of TCMA.
2
As to the liability of buyers acting jointly, see—
a
sections 37 to 40 (joint buyers),
b
Schedule 7 (partnerships), and
c
Schedule 8 (trusts).