SDLTM34800 - Application: Partnerships - Transactions on or before 22 July 2004

FA03/Sch 15 excludes from Stamp Duty Land Tax (SDLT)

• The transfer of an interest in land into a partnership
• The acquisition of an interest in a partnership
• The transfer of an interest in land out of a partnership

Such transactions were treated for purposes of SDLT as if they were not land transactions.

References to the transfer of an interest in land include

• The grant or creation of an interest in land
• The variation of an interest in land and
• The surrender or release of an interest in land