Section 76 Duty to deliver land transaction returnI1C1C2
United Kingdom
In the case of every notifiable transaction the purchaser must deliver a return (a “land transaction return”) to the Inland Revenue before the end of the period of F114 days after the effective date of the transaction.
The Inland Revenue may by regulations amend subsection (1) so as to require a land transaction return to be delivered before the end of such shorter period after the effective date of the transaction as may be prescribed or, if the regulations so provide, on that date.
A land transaction return in respect of a chargeable transaction must—
include an assessment (a “self-assessment”) of the tax that, on the basis of the information contained in the return, is chargeable in respect of the transaction, F2...
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Annotations
Textual amendments
- F1
Words in s. 76(1) substituted (with effect in accordance with s. 46(10) of the amending Act) by Finance Act 2019 (c. 1), s. 46(2)
- F2
S. 76(3)(b) and preceding word repealed (with effect in accordance with s. 80(9) of the amending Act) by Finance Act 2007 (c. 11), s. 80(2), Sch. 27 Pt. 4(4)
Modifications
- C1
Pt. 4 modified (17.7.2013) by Finance Act 2013 (c. 29), s. 194(8)-(12)
- C2
S. 76 modified (17.7.2013) by Finance Act 2013 (c. 29), s. 194(8)-(12)
Commencement
- I1
Pt. 4 wholly in force at Royal Assent subject to Sch. 19, see s. 124, Sch. 19 para. 1(1)