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SDLTM09050 | Section 75A Finance Act 2003: Introduction and contents

From HM Revenue & Customs · Stamp Duty Land Tax Manual

(This page was amended on 15 January 2020)

The legislation relating to the application of Section 75A is contained within Section 75A, Section 75B and Section 75C Finance Act 2003. Unless indicated otherwise, all statutory references in this guidance are to Finance Act 2003.

Contents41 entries

  1. SDLTM09060Commencement
  2. SDLTM09070Requesting Advice
  3. SDLTM09080Non-statutory clearances
  4. SDLTM09090Intention and purpose of the legislation
  5. SDLTM09100Application and approach: Section 75A (1)
  6. SDLTM09110The notional transaction: Section 75A (4)
  7. SDLTM09120Effective date of transaction: Section 75A (6)
  8. SDLTM09130Identifying “V” and “P”: Section 75A (1)(a)
  9. SDLTM09140Identifying V: Section 75A (1)(a)
  10. SDLTM09150Identifying P: Section 75A (1)(a)
  11. SDLTM09160How to identify P where there are multiple candidates: Section 75A (1)(a)
  12. SDLTM09170Scheme Transactions: Section 75A (1)(b)
  13. SDLTM09180Meaning of transaction: Section 75A (1)(b)
  14. SDLTM09190Meaning of ‘involved in connection with’: Section 75A (1)(b)
  15. SDLTM09200Examples of scheme transactions: Section 75A (3)(A)
  16. SDLTM09210The notional land transaction: Section 75A (1)(c)
  17. SDLTM09220The chargeable consideration: Section 75A (1)(c)
  18. SDLTM09230The comparison test: Section 75A (1)(c)
  19. SDLTM09240Incidental transactions: Section 75B
  20. SDLTM09250What is not incidental: Section 75B(2)
  21. SDLTM09260What could be incidental: Section 75B
  22. SDLTM09270Supplementary provisions: Section 75C
  23. SDLTM09280Transfer of shares or securities: Section 75C (1)
  24. SDLTM09290Connected Companies, Section 53 FA03: Section 75C (6)
  25. SDLTM09300Availability of relief: Section 75C (2)
  26. SDLTM09310Transfer of an Undertaking: Section 75C (3)
  27. SDLTM09320Consideration for certain transactions: Section 75C (4)
  28. SDLTM09330Just and reasonable apportionment: Section 75C (5)
  29. SDLTM09340Exchanges: Section 75C (7)
  30. SDLTM09350Property Investment Partnership: Section 75C (8)
  31. SDLTM09360Partnerships – Special Provisions: Section 75C (8A)
  32. SDLTM09370SDLT paid for disregarded land transactions: Section 75C (10)
  33. SDLTM09380Example 1 – company purchase and de-envelope
  34. SDLTM09390Example 2 – partnership transfer
  35. SDLTM09400Example 3 – Distribution by unit trust scheme
  36. SDLTM09410Example 4 – Hive-out and sale of transferor
  37. SDLTM09420Example 5 – De-enveloping from company
  38. SDLTM09430Example 6 – Distribution followed by onward sale
  39. SDLTM09175Section 75A Finance Act 2003: Section 75A Finance Act 2003: Section 75A Finance Act 2003, Overall approach
  40. SDLTM09225Section 75A Finance Act 2003, situations where HMRC accept that s.75A is unlikely to apply
  41. SDLTM09275Section 75A Finance Act 2003, other provisions