Disadvantaged areas relief is a relief from stamp duty land tax
for certain land transactions in designated disadvantaged areas.
From 17 March 2005, subject to transitional provisions, see
SDLTM20110, disadvantaged areas relief
applies only to transactions involving residential property in
designated disadvantaged areas where the chargeable consideration
does not exceed £150,000.
The legislation is at FA03/S57 and FA03/SCH6, which provide
for the relief and FA03/S116 which sets out a statutory definition
of residential property.
