SDLTM00520 - Scope: What is chargeable
Exempt transactions: Specific exemptions FA03/S49 &
FA03/SCH3
The following transactions are exempt from stamp duty land
tax
- Transactions where there is no chargeable
consideration. See
SDLTM00330a and
SDLTM00530
- The acquisition of property by a person in
or towards satisfaction of his entitlement under or in relation to
the will of a deceased person, or on the intestacy of a deceased
person. This is provided that there is no chargeable consideration
other than the assumption of secured debt, see
SDLTM00570
- The grant of a lease by a registered
social landlord in certain specific situations. See
SDLTM00540
- Certain transactions on the ending of a
marriage or a civil partnership formed under the Civil Partnership
Act 2004. See
SDLTM00550
- Certain transactions following a
person’s death. See
SDLTM00560
