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

[F1 Circumstances in which subsidiary dwellings do not count as separate dwellings E+W

Textual Amendments

F1 Sch. 13 para. 7A inserted (7.2.2025) by The Land Transaction Tax (Modification of Relief for Acquisitions Involving Multiple Dwellings) (Wales) Regulations 2025 (S.I. 2025/119), regs. 1(2), 3 (with reg. 4)

7A. (1) Sub-paragraph (3) applies in relation to a chargeable transaction— E+W

(a) where—

(i) the buyer is an individual, and

(ii) the main subject-matter of the transaction consists of a major interest in two or more dwellings (“purchased dwellings”),

(b) where only one of the purchased dwellings is a qualifying dwelling, and

(c) to which paragraph 15 of Schedule 5 does not apply.

(2) But sub-paragraph (3) does not apply in relation to a chargeable transaction that—

(a) is within sub-paragraph (1), and

(b) to which paragraph 18 of Schedule 5 applies (intermediate transaction treated as a higher rates residential property transaction).

(3) For the purposes of this Schedule, the interests in the qualifying dwelling mentioned in sub-paragraph (1)(b) and a purchased dwelling (or more than one) that is subsidiary to it are treated as if they were an interest in a single dwelling.

(4) For the purposes of this paragraph, a purchased dwelling (“dwelling A”) is subsidiary to a qualifying dwelling (“dwelling B”) if dwelling A would be subsidiary to dwelling B for the purposes of Schedule 5 (see paragraph 14 of that Schedule).

(5) In this paragraph, “qualifying dwelling” means a dwelling that is a qualifying dwelling for the purposes of Part 3 of Schedule 5 (see paragraph 13 of that Schedule).]