SDLTM00070 - Introduction to stamp duty land tax

Payment of tax - FA03/S86

Any stamp duty land tax due must be paid at the same time as the land transaction return is made, which must be by the filing date, that is, within 30 days of the effective date of the transaction.

If a land transaction return is amended within 30 days of the effective date payment of tax remains due at the filing date. If amended after the filing date payment of tax is due immediately.

As from 26 September 2005 any late payment will give rise to an interest charge. Penalties may also be due where a land transaction return is received after the filing date.

If tax is not paid because

• Group relief (FA03/SCH7/PARA1). See SDLTM23010+
• Reconstruction or acquisition relief (FA03/SCH7/PARA7). See SDLTM23200
• Charities relief ( FA03/SCH8). See SDLTM26000

has been claimed and such relief is withdrawn because a disqualifying event occurs the tax is payable and a land transaction return must be made within 30 days of such disqualifying event.

In cases where HM Revenue & Customs issues a determination or assessment, the tax is due within 30 days of the date of issue. See SDLTM84200.

Where an application has been made for payment of the tax to be deferred, for example where contingent or uncertain consideration is involved, or postponed pending determination of an appeal different provisions apply.

These provisions are set out in FA03/S90, FA03/SCH10/PARA39 and FA03/SCH10/PARA40. See SDLTM50900+.