Following the decision of the Supreme Court in Project Blue in June 2018, the guidance contained in pages SDLTM09050 to SDLTM09275 on S75A is currently under review.

We will update the guidance at the earliest opportunity, meanwhile if you are unclear about whether S75A might apply please contact the SDLT Technical team for further advice about how to proceed.

Other provisions

A transfer of shares or securities – or units in a unit trust scheme – is ignored for the purposes of s.75A if it would otherwise be the first of a series of scheme transactions (and several such transfers are likewise ignored if they all precede any other scheme transaction).

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