Valuation of non-monetary consideration
180.Paragraph 7 provides that non-monetary consideration (which comprises all consideration except money and debt) is to be valued at its market value, unless provided otherwise.
Land Transaction Tax and Anti-avoidance of Devolved Taxes (Wales) Act 2017
You are here:
- Acts of the National Assembly for Wales
- 2017 anaw 1
- Explanatory Notes
- Commentary on Sections
- Part 8
- Schedule 4
- Valuation of non-monetary consideration
Options/Help
Print Options
Print The Full Notes
Print The Whole Division
Print The Whole Part
Explanatory Notes
Text created by the Welsh Government department responsible for the subject matter of the Act to explain what the Act sets out to achieve and to make the Act accessible to readers who are not legally qualified. Explanatory Notes accompany all Acts of the Welsh Parliament.
More Resources
Access essential accompanying documents and information for this legislation item from this tab. Dependent on the legislation item being viewed this may include:
- the original print PDF of the as enacted version that was used for the print copy
- lists of changes made by and/or affecting this legislation item
- confers power and blanket amendment details
- all formats of all associated documents
- correction slips
- links to related legislation and further information resources
The data on this page is available in the alternative data formats listed:
All content is available under the Open Government Licence v3.0 except where otherwise stated. This site additionally contains content derived from EUR-Lex, reused under the terms of the Commission Decision 2011/833/EU on the reuse of documents from the EU institutions. For more information see the EUR-Lex public statement on re-use.