Land Transaction Tax return guidance - About the buyer (organisations)

• If the buyer is acting on behalf of a bare trust, then enter the beneficiary’s details.
• If the buyer is acting as any other type of trust (such as settlement), then enter the trustees’ details.
• If the beneficiary or trustee is not an individual/group of individuals, you must complete this section.
• If the trust is registered, enter the name of the trust and the trust Unique Tax Reference number (as issued by HMRC). If the trust is not registered, do not complete this section; select Individual.

Further guidance on trusts

If the buyer is not an individual/group of individuals, you must complete this section.

You can select additional buyers from the summary page of the draft return.

Enter the registered legal name of the buyer.

If the buyer’s name is longer than the space provided, use abbreviations.

You must answer this question if the trading name differs from the legal one. Enter the trading name of the buyer.

If the buyer has more than one trading name, enter the trading name considered to be the most used/known.

If the trading name is longer than the space provided, use abbreviations.

Enter the address where we can write to the buyer after the effective date of the land transaction.

Use the address lookup to find your property so that we have accurate data. If you cannot find the right address in the lookup you can enter it manually.

Answer ‘Yes’ if the following applies to the organisation:

• is solely based in the UK
• its head office is in the UK
• has another permanent establishment (as defined for UK tax purposes in sections 1141 and 1142 of the Corporation Tax Act 2010) in the UK

In all other cases, answer ‘No’.

Further information on sections 1141 and 1142 of the Corporation Tax Act 2010

If the organisation is registered with Companies House, enter the Company Registration Number (CRN).

You can find this number on your certificate of incorporation or any other document sent to you by Companies House.

A CRN will be a combination of 8 numbers, or 2 letters followed by 6 numbers. For example, 12345678 or AB123456.

Give the VAT registration number. Make sure that the number you provide is a valid VAT registration number.

It should be 9 digits long; for example, ‘123 4567 89’ and have no alpha characters. It will not start with 0. You can find this number on your or your client’s VAT Registration Certificate or on invoices that they issue.

If the organisation does not have a VAT or Companies House number, you can provide a different form of identification.

If the buyer is a business operating in the UK, the Unique Tax Reference (UTR) and Partnership / Trust UTR will have been issued by HMRC. They will be 10 digits long. You can find these references on correspondence from HMRC or within the buyer’s online account with HMRC.

If the buyer is a UK registered charity, you can find the Charity Registration Number on their Charity Registration Certificate, or you can search the charity register on GOV.UK.

If the buyer is not based in the UK, enter a non-UK reference and show which country issued it.

If the interest in land is acquired on trust and the buyer is a trustee or is one of several trustees, answer ‘Yes’. Answer ‘No’ in all other cases.

How LTT applies with interests in trusts

The definition of ‘connected’ is covered in Section 1122 Corporation Taxes Act (CTA) 2010. Examples of connected persons include but are not limited to:

• a husband, wife or civil partner
• a brother or sister, his or her ancestors and lineal descendants
• business partners and their relatives
• a person and a company that they control
• 2 companies controlled by the same person

Answer ‘Yes’ if the buyer is connected with the seller in any way defined in Section 1122 Corporation Taxes Act (CTA) 2010. Otherwise, answer ‘No’.

Further guidance on linked transactions

View the Corporation Tax Act