SDLTM34800 - Application: Partnerships - Transactions on or before 22 July 2004

FA03/Sch 15 excludes from Stamp Duty Land Tax (SDLT)

  • The transfer of an interest in land into a partnership
  • The acquisition of an interest in a partnership
  • The transfer of an interest in land out of a partnership

Such transactions were treated for purposes of SDLT as if they were not land transactions.

References to the transfer of an interest in land include

  • The grant or creation of an interest in land
  • The variation of an interest in land and
  • The surrender or release of an interest in land