This is a list of changes to the technical guidance. For current guidance, please follow the relevant links.

Organisation:
First published:
2 January 2019
Last updated:
Guidance change location Summary of change
LTTA/2450 Annuities
05/03/2019
Clarify interaction between annuities and deferrals.
LTTA/Transitional guidance on the introduction of Land Transaction Tax
04/02/2019
Addition of Item 5 and accompanying introduction.
LTTA/5170 Transactions involving transfers from a partnership
04/02/2019
Minor amendment to the steps in calculating the sum of lower proportions (SLP).
LTTA/4020 Calculation of tax chargeable
28/01/2019
New section on reversionary leases.
LTTA/6200 Effect of the WRA’s decision in relation to a deferral request
17/01/2019
Paragraph added to update policy position on uncertain consideration, and new example added to illustrate this.
LTTA/6160 Deferral of Tax – Contingent or uncertain consideration
17/01/2019
Sentence added to encourage users to consult the new guidance at LTTA/2440
LTTA/2440 Contingent, uncertain or unascertained consideration
17/01/2019
Guidance rewritten to provide clearer explanation of contingent, uncertain and unascertainable consideration. One example removed; others updated.
LTTA/4090 Variable and uncertain rent: calculation of net present value
14/01/2019
Factual inaccuracy corrected.
LTTA/7056 Shared ownership leases
14/01/2019
Paragraph added to guidance on staircasing transactions to clarify the position of market value elections where the taxpayer does not wish to staircase in future.
LTTA/4050 Rent for overlap period in case of grant of further lease
11/01/2019
A new section to clarify the meaning of ‘substantially the same’ in this context has been added.
LTTA/8091 Higher rates and linked transactions
11/01/2019
A new section has been added to describe how the higher rates provisions interact with linked transactions.
LTTA/1120 Meaning of land
11/01/2019
The section on ‘meaning of land’ has been updated to account for caravans, mobile homes and houseboats.
LTTA/2010 Land transactions and chargeable interests
11/01/2019
A link to the guidance on fixtures and fittings (LTTA/2261) has been added.
LTTA/8170 Property adjustment on divorce, dissolution of civil partnership, etc.
11/12/2018
The guidance on court orders has been updated.
LTTA/4050 Rent for overlap period in case of grant of further lease and LTTA/4060 Tenant holding over: new lease backdated to previous year
05/12/2018
The 5 examples to accompany the guidance on ‘overlap relief: rent taken into account’ have been moved from LTTA/4060 to the correct location in LTTA/4050
LTTA/4100 Agreements for lease, assignments and variations
05/12/2018
Clarity around the lease start date has been provided.
LTTA/4060 Tenant holding over: new lease backdated to previous year
05/12/2018
Clarity around the lease start date and the effective date of the transaction has been provided.
LTTA/4030 Duration of Leases and overlapping leases: fixed terms, continuing leases, grant of new lease, indefinite terms, successive leases, etc.
05/12/2018
Under the guidance for ‘leases that continue after a fixed term: grant of a new lease’, clarity around the lease start date has been provided.
LTTA/4070 Rent and other consideration- lease specific consideration rules
05/12/2018
Minor change to say that, where ‘rent’ does not include consideration payable before a new lease is granted, in most circumstances (rather than in some circumstances) such payments prior to the grant of the lease may be taxed as a premium.
LTTA/6160 Deferral of tax-Contingent or uncertain consideration
29/11/2018
Addition of link to LTTA/6230 Calculation of deferrable amount
Differences between LTT and SDLT
27/11/2018
New table detailing the key differences between the 2 taxes
GAAR
23/11/2018
Update to our guidance on the General Anti-Avoidance Rule and the role of the WRA Tax Opinions Service
How to pay Land Transaction Tax
23/11/2018
Update to reflect the correct BACS payment process schedule
LTTA/8080 Subsidiary dwellings
26/11/2018
Clarification on references to ‘subsidiary dwellings’ and associated valuations, with accompanying updates to the examples
LTTA/2261 Fixtures and fittings
27/11/2018
New section with guidance on ‘fixtures and fittings’
LTTA/2260 Chargeable consideration, LTTA/2270 Money or money’s worth
27/11/2018
Definition of chargeable consideration moved from LTTA/2270 to correct location in LTTA/2260
LTTA/8150 Interest acquired in the same main residence
23/11/2018
Addition of reference to ‘spouse or civil partner’
LTTA/1040 Meaning of effective date transaction
23/11/2018
Update and clarification to existing process with addition of internal links
LTTA/8020 The higher rates conditions
23/11/2018
Addition of reference to ‘spouse or civil partner’ and addition of condition around chargeable consideration with internal link
LTTA/2350 Exchanges
23/11/2018
Removal of reference to ‘connected persons’
LTTA/8250 Partnerships-interests acquired by a partner
14/11/2018
Update to internal link