SCHEDULE 13RELIEF FOR ACQUISITIONS INVOLVING MULTIPLE DWELLINGS
Overview
1
This Schedule makes provision about relief available for acquisitions involving multiple dwellings.
2
This Schedule is arranged as follows—
(a)
paragraph 3 identifies the transactions to which this Schedule applies,
(b)
paragraph 4 defines key terms,
(c)
paragraph 5 provides for the amount of tax chargeable,
(d)
paragraphs 6 and 7 make further provision about how the tax is calculated, and
(e)
paragraph 8 provides for certain buildings which are yet to be constructed or adapted to be treated as dwellings for the purposes of this Schedule.