Part 4Stamp duty land tax

Liability for and payment of tax

86Payment of tax

(1)

Tax payable in respect of a land transaction must be paid F1not later than the filing date for the land transaction return relating to the transaction.

(2)

Tax payable as a result of the withdrawal of relief under—

F2(za)

any of paragraphs 5G to F35L of Schedule 4A (higher rate for certain transactions),

F4(zb)

Part 3 of Schedule 6C (relief for F5special tax sites), other than in a case to which paragraph 11 of that Schedule (alternative finance arrangements) applies,

(a)

Part 1 of Schedule 7 (group relief),

(b)

Part 2 of that Schedule (reconstruction or acquisition relief), F6...

F7(ba)

Part 1 of Schedule 7A (PAIF seeding relief),

(bb)

Part 2 of Schedule 7A (F8co-ownership scheme seeding relief), or

(c)

Schedule 8 (charities relief),

must be paid F9not later than the filing date for the return relating to the withdrawal (see section 81).

F10(2A)

Tax payable as a result of a withdrawal of relief under any of paragraphs 6D, 6F, 6G F11, 6H and 6I of Schedule 4A (higher rate: alternative finance arrangements) F12or under Part 3 of Schedule 6C (relief for F13special tax sites) in a case to which paragraph 11 of that Schedule (alternative finance arrangements) applies must be paid not later than the filing date for the return relating to the withdrawal (see section 81ZA(1)).

(3)

Tax payable as a result of the amendment of a return must be paid forthwith or, if the amendment is made before the filing date for the return, not later than that date.

(4)

Tax payable in accordance with a determination or assessment by the Inland Revenue must be paid within 30 days after the determination or assessment is issued.

(5)

The above provisions are subject to—

(a)

section 90 (application to defer payment of tax in case of contingent or uncertain consideration), F14...

(b)

paragraphs 39 and 40 of Schedule 10 (postponement of payment pending determination of appeal) F15, and

(c)

regulation 31 of the Co-ownership Contractual Schemes (Tax) Regulations 2025 (withdrawal of seeding relief: application to postpone payment of tax where appeal against relevant decisions).

F16(5A)

The above provisions are also subject to paragraph 7 of Schedule 61 to the Finance Act 2009 (payment of tax where land ceases to qualify for relief in respect of alternative finance investment bonds).

(6)

This section does not affect the date from which interest is payable (as to which, see section 87).