SDLTM50400 - Procedure

Further land transaction return where relief is withdrawn FA03/S81

Under the provisions of FA03/S81 a further land transaction return will be required where relief is withdrawn as a result of the withdrawal of group relief, reconstruction or acquisition relief or charities relief.

The further return must be delivered by the purchaser within thirty days of the disqualifying event. See SDLTM23070+.

The return must include a self-assessment of the amount of tax chargeable and be accompanied by a payment of the tax due.

The provisions of FA03/SCH10 apply to a land transaction return made under FA03/S81 in the same way as they apply to a land transaction return submitted under FA03/S76, with modifications being references to

• the transaction to which the return relates shall be read as references to the disqualifying event
• the effective date of the transaction shall be read as the date on which the disqualifying event occurs

The further return should be made in a format soon to be agreed