Finance Act 2018 (c. 3)

SCHEDULES

SCHEDULE 11 U.K. Stamp duty land tax: higher rates for additional dwellings

Exception where spouses and civil partners purchasing from one another U.K.

4 U.K. After paragraph 9 insert—

Spouses and civil partners purchasing from one another U.K.

9A (1) A chargeable transaction is not a higher rates transaction for the purposes of paragraph 1 if—

(a) there is only one purchaser,

(b) there is only one vendor, and

(c) on the effective date of the transaction the two of them are—

(i) married to, or civil partners of, each other, and

(ii) living together (see paragraph 9(3)).

(2) Where—

(a) there are two purchasers in relation to a chargeable transaction, and

(b) one of them (“P”) is also the vendor in relation to the transaction,

P is to be treated for the purposes of sub-paragraph (1) as not being a purchaser.

(3) Where—

(a) there are two vendors in relation to a chargeable transaction, and

(b) one of them (“V”) is also the purchaser in relation to the transaction,

V is to be treated for the purposes of sub-paragraph (1) as not being a vendor.”