SDLTM00510 - Scope: What is chargeable

Exempt transactions: General FA03/S49(1)

All land transactions are chargeable to stamp duty land tax unless

• they are specifically exempted by the legislation
• they are for no chargeable consideration

What constitutes chargeable consideration is defined at FA03/S50 and FA03/SCH4.

There is guidance on this at SDLTM03700.

A list of exempt transactions is at SDLTM00520.

If a transaction is exempt there is no need to file a land transaction return.