SDLTM07850 - Scope: When is stamp duty
land tax chargeable
Contracts and substantial performance: What is substantial
performance FA03/S44(5)
A contract is substantially performed when
- the purchaser takes possession of the
whole, or substantially the whole, of the subject matter of the
contract. See
SDLTM07900
- a substantial amount of the consideration
is paid or provided. See
SDLTM07950
In every case whether the contract has been substantially
performed or not will be a question of fact.
