Two parties might enter into two or more land transactions in consideration for each other. One might accept an area of land or a building as all or part of the consideration for disposing of another.

FA03/SCH4/PARA5(3) sets out how the chargeable consideration for each transaction will be calculated.

The amount of the chargeable consideration will depend on whether the subject matter of any of the transactions is a major interest in land as defined in FA03/S117. See SDLTM04130.

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