Practical Law UK Glossary 2-107-7304 (Approx. 5 pages)
Glossary
Stamp duty land tax (SDLT)
A tax on transactions involving acquisitions of interests in land in England or Northern Ireland. An acquisition includes the creation, surrender, release or variation of a land interest (section 43, Finance Act 2003). SDLT is chargeable irrespective of:
Where the transaction is effected.
The residence of the person making the acquisition.