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

Yn ddilys o 18/10/2017

Yn ddilys o 01/04/2018

Valuation of non-monetary considerationE+W

7E+WExcept 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.