Land Transaction Tax and Anti-avoidance of Devolved Taxes (Wales) Act 2017 section 14

Meaning of substantial performance

Section 14 defines what it means for a contract to be "substantially performed", which is the trigger point at which a land transaction tax charge can arise even if the transaction has not yet been formally completed.

Access full legislation.And much more.

By becoming a member, your team gets full access to Tax World research tools and source-backed tax resources.