{
  "url": "https://openlegislation.uk/finance-act-2003/schedule-4ZA/paragraph-1",
  "json_url": "https://openlegislation.uk/finance-act-2003/schedule-4ZA/paragraph-1.json",
  "legislation": "ukpga/2003/14",
  "legislation_title": "Finance Act 2003",
  "legislation_url": "https://openlegislation.uk/finance-act-2003",
  "path": "schedule/4ZA/paragraph/1",
  "kind": "paragraph",
  "number": "1",
  "heading": null,
  "text": "(1) In its application for the purpose of determining the amount of tax chargeable in respect of a chargeable transaction which is a higher rates transaction, section 55 (amount of tax chargeable: general) has effect with the modification in sub-paragraph (2).\n(2) In subsection (1B) of section 55, for Table A substitute—\n“\nTABLE A: RESIDENTIAL\nPart of relevant consideration\nPercentage\nSo much as does not exceed £125,000\n5%\nSo much as exceeds £125,000 but does not exceed £250,000\n7%\nSo much as exceeds £250,000 but does not exceed £925,000\n10%\nSo much as exceeds £925,000 but does not exceed £1,500,000\n15%\nThe remainder (if any)\n17%\n”",
  "extent": null,
  "status": null,
  "version": "current",
  "annotations": [
    {
      "type": "F",
      "label": "F1",
      "text": "Sch. 4ZA inserted (with effect in accordance with s. 128(5)(6) of the amending Act) by Finance Act 2016 (c. 24), s. 128(3) (with s. 128(9)(10))"
    },
    {
      "type": "F",
      "label": "F2",
      "text": "Words in Sch. 4ZA para. 1(2) substituted (with effect in accordance with s. 51(2) of the amending Act) by Finance Act 2025 (c. 8), s. 51(1)(2) (with s. 51(3)-(5), 52)"
    }
  ],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/ukpga/2003/14/schedule/4ZA/paragraph/1",
    "retrieved_at": "2026-10-29T09:18:27.996599+00:00"
  },
  "licence": "Open Government Licence v3.0",
  "licence_url": "https://www.nationalarchives.gov.uk/doc/open-government-licence/version/3/",
  "attribution": "Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives."
}