Changes over time for: Cross Heading: Overview
Status:
Point in time view as at 01/04/2018.
Changes to legislation:
There are currently no known outstanding effects for the Land Transaction Tax and Anti-avoidance of Devolved Taxes (Wales) Act 2017, Cross Heading: Overview.
Changes to Legislation
Revised legislation carried on this site may not be fully up to date. At the current time any known changes or effects made by subsequent legislation have been applied to the text of the legislation you are viewing by the editorial team. Please see ‘Frequently Asked Questions’ for details regarding the timescales for which new effects are identified and recorded on this site.
OverviewE+W
1(1)This Schedule makes provision about reliefs available for certain acquisitions of dwellings.E+W
(2)This Schedule is arranged as follows—
(a)Part 2 provides relief for certain acquisitions by housebuilders, property traders and employers, and is arranged as follows—
(i)paragraph 2 provides for relief in the case of an acquisition of a dwelling by a housebuilder from an individual acquiring a new dwelling,
(ii)paragraph 3 provides for relief in the case of an acquisition of a dwelling by a property trader from an individual acquiring a new dwelling,
(iii)paragraph 4 provides for relief in the case of an acquisition of a dwelling by a property trader from an individual where a chain of transactions breaks down,
(iv)paragraph 5 provides for relief in the case of an acquisition of a dwelling by a property trader from personal representatives,
(v)paragraph 6 provides for relief in the case of an acquisition of a dwelling by a property trader in the case of relocation of employment,
(vi)paragraph 7 provides for relief in the case of an acquisition of a dwelling by an employer in the case of relocation of employment,
(vii)paragraph 8 makes provision about withdrawal of the reliefs available to property traders, and
(viii)paragraph 9 makes provision about the interpretation of words and phrases which apply to Part 2 of this Schedule;
(b)Part 3 provides relief for transactions entered into by a person or persons exercising collective rights.
Yn ôl i’r brig