Land Transaction Tax and Anti-avoidance of Devolved Taxes (Wales) Act 2017 section 38

Joint buyers: returns and declarations

Section 38 sets out the return and declaration requirements where there are joint buyers in a land transaction.

• Where a land transaction involves joint buyers and is notifiable, only one return needs to be submitted — not a separate return from each buyer.
• All joint buyers must sign the declaration confirming that the return is complete and correct.
• This ensures collective responsibility among joint buyers for the accuracy of the information provided to the Welsh Revenue Authority.
• The section applies the standard declaration requirement under section 53 of the Act to all buyers jointly.