Land Transaction Tax and Anti-avoidance of Devolved Taxes (Wales) Act 2017 (anaw1)

SCHEDULE 4 E+W CHARGEABLE CONSIDERATION

Valuation of non-monetary consideration E+W

7 E+W Except as otherwise provided, the value of any chargeable consideration for a land transaction, other than—

(a) money (whether in sterling or another currency), or

(b) debt as defined for the purposes of paragraph 8 (debt as consideration),

is to be taken to be its market value at the effective date of the transaction.

Commencement Information

I1 Sch. 4 para. 7 in force at 1.4.2018 by S.I. 2018/34, art. 3