REDUCTION OF STAMP DUTY WHERE INSTRUMENT PARTLY RELATING TO GOODWILL
1(1) This paragraph applies where stamp duty under Part 1 of Schedule 13 to the Finance Act 1999 (c. 16) (transfer on sale) is chargeable on an instrument that relates partly to goodwill and partly to property other than goodwill.
1(2) In such a case–
(a)the consideration in respect of which duty would otherwise be charged shall be apportioned, on a just and reasonable basis, as between the goodwill and the other property, and
(b)the instrument shall be charged only in respect of the consideration attributed to the other property.