Changes over time for: Cross Heading: Interest in same main residence exception
No versions valid at: 25/05/2017
Status:
Point in time view as at 25/05/2017. This version of this cross heading contains provisions that are not valid for this point in time.

Status
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Changes to legislation:
There are currently no known outstanding effects for the Land Transaction Tax and Anti-avoidance of Devolved Taxes (Wales) Act 2017, Cross Heading: Interest in same main residence exception.

Changes to Legislation
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Yn ddilys o 18/10/2017
Yn ddilys o 01/04/2018
Interest in same main residence exceptionE+W
7E+WA transaction is not a higher rates residential property transaction under paragraph 3 if the main subject-matter of the transaction is a major interest in a dwelling—
(a)in which, immediately before the effective date of the transaction, the buyer had another major interest, and
(b)which, immediately before and after the effective date of the transaction, is the buyer's only or main residence.
Yn ôl i’r brig