Welsh land transaction tax technical guidance

The Welsh Revenue Authority (WRA) has released further additions to its technical guidance on land transaction tax (LTT). The chapters now available are:

• Reconstruction and acquisition reliefs (added 10 May 2018);
• Sale and leaseback relief (added 10 May 2018);
• Calculation of LTT payable (added 9 May 2018);
• Alternative finance investment bonds relief (added 3 May 2018);
• Application of LTTA and the Tax Collection and Management (Wales) Act (TCMA) to certain persons and bodies (added 3 May 2018);
• Relief for certain transactions relating to social housing (added 26 April 2018);
• Interpretation provisions (added 10 April 2018);
• Miscellaneous reliefs (added 5 April 2018);
• Compulsory purchase relief and planning obligations relief (added 5 April 2018);
• Relief for acquisitions by public bodies and health bodies (added 5 April 2018);
• Open-ended investment company reliefs (added 5 April 2018);
• Charities relief (added 5 April 2018);
• Alternative property finance reliefs (added 5 April 2018);
• Group relief (added 5 April 2018);
• Leases (added 29 March 2018);
• Trusts (added 29 March 2018);
• Relief for certain acquisitions of dwellings (added 16 March 2018);
• Relief for incorporation of limited liability partnerships (added 16 March 2018);
• Returns and payments (added 12 March 2018);
• Cross-border and cross-title transactions (added 12 March 2018);
• Particular transactions (added 1 March 2018);
• Land transactions (added 20 February 2018);
• Chargeable transactions and chargeable consideration (added 16 February 2018); and
• Higher rates for purchases of residential property (added 28 November 2017).

See https://bit.ly/2thtwsQ.