Section highlightLand Transaction Tax
Land Transaction Tax will replace UK Stamp Duty Land Tax in Wales.
Final Budget 2016-17 »
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Stock transfer is where a council transfers the ownership and management of its homes (rented and leasehold) to a Registered Social Landlord.
The Welsh Government policy is to encourage councils to improve their housing stock to meet the Welsh Housing Quality Standard by whatever means they consider appropriate. The transfer of stock to a Registered Social Landlord (housing association) is one of the available options.
Guidance for local authorities in Wales who intend to ballot their tenants on stock transfer proposals to achieve and maintain the Welsh Housing Quality Standard.