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