SDLTM09685 - Scope: when is Stamp Duty Land Tax (SDLT) chargeable: higher rate charge for acquisitions of residential property by certain non-natural persons FA03/S55/SCH4A: further returns when withdrawal conditions apply FA03/S81
Where SDLT at the higher rates for a dditional dwellings was paid on the acquisition, because the relevant conditions were met, and the withdrawal provisions are to apply, a further return must be made within 30 days of the date when the relevant conditions were first not met.
»Ê¹ÚÌåÓýapp further return must be made in the form of a letter to the Stamp Taxes at this address. It must include the UTRN of the original return and a self assessment of the tax now due. A cheque for this amount should be sent with the letter. »Ê¹ÚÌåÓýapp effective date of the further return for notification, penalty and interest purposes is the date on which the relevant conditions were first not met.
»Ê¹ÚÌåÓýapp provisions of FA03/SCH10 apply to a further return in the same way as they apply to a land transaction return submitted under FA03/S76, except that references to the effective date of the transaction shall be read as being to the date on which the relevant conditions were no longer met.