All statutory references in this division of the commentary are to LBTT(S)A 2013, unless otherwise indicated.

Chargeable consideration is a key concept for the determination of rate thresholds and the calculation of the LBTT payable on a transaction.

For ease of understanding, the provisions relating to the determination of chargeable consideration can be grouped into three heads as follows:

(1)Rules and parameters for determining chargeable consideration:

Money or moneyʼs worth (¶202-050)

Value added tax (¶202-100)

Postponed consideration (¶202-150)

Just and reasonable apportionment (¶202-200)

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