Land Transaction Tax and Anti-avoidance of Devolved Taxes (Wales) Act 2017 section Schedule 21A paragraph 5

Relief period

Schedule 21A paragraph 5 defines the "relief period" during which special tax site relief from Land Transaction Tax applies, with different start dates depending on which special tax site is involved.

• The relief period determines the window during which qualifying land transactions within a special tax site can benefit from the LTT relief.
• For the special tax site referred to in paragraph 2(a), the relief period runs from 26 November 2024 to 30 September 2029.
• For the special tax site referred to in paragraph 2(b), the relief period runs from 23 January 2025 to 30 September 2029.
• Both relief periods share the same end date of 30 September 2029, but have different start dates reflecting when each site was designated.