Paragraph 6 Other reliefF1
(1)
This paragraph applies to a land transaction if the proportion of the chargeable consideration for the transaction that is attributable to F2qualifying land (“the relevant proportion”) is less than 90% but at least 10%.
(2)
The tax chargeable in respect of the transaction is reduced by the relevant proportion.
Annotations
Textual amendments
- F1
Sch. 6C inserted (10.6.2021) by Finance Act 2021 (c. 26), Sch. 23 para. 8
- F2
Words in Sch. 6C substituted (11.7.2023) by Finance (No. 2) Act 2023 (c. 30), Sch. 23 para. 8(b)
Notes on Schedule 6C
Textual amendments
- F2
Words in Sch. 6C heading substituted (11.7.2023) by Finance (No. 2) Act 2023 (c. 30), Sch. 23 para. 8(e)