Completing land transaction tax forms

Coronavirus measures for Land Transaction Tax

To allow share transfer property transactions to be completed a limited cashier service from Customer and Local Services at La Motte Street is available.

The service is by appointment only and is available between 10am and 11am Monday to Friday.

To arrange an appointment email the customer and local services cashiers.

You must include the following information in your email when arranging the appointment:

• names of attendees
• transaction details
• copy of the LTT statement(s)
  

Buying a share transfer property and transfer of ownership

You need 2 copies of the completed land transaction tax (LTT) transfer of ownership form.

Download transfer of ownership form (size 68kb)

1. enter the name, registered office and the registration number of the company from which the shares are being transferred or issued
2. enter the full name and address of the purchaser of the shares or the person to whom the shares are being transferred
3. enter the full address (including postcode) of the property that the shares are for
4. select the type of transaction
5. enter the value of the property and the amount of land transaction tax due. The LTT calculator will help you calculate the charge. Use the link below
6. sign and date, with your contact details in case of a query
7. deliver both copies to the cashiers at Customer and Local Services. One copy will be kept for our records, the other copy will be stamped and returned with an official receipt for you to pass to the company secretary​​​​​

Calculating your land transaction tax

Taking out a loan secured against your share transfer property

You need 2 copies of the completed land transaction tax security interest form.

Download creation of security interest form (size 66kb)

1. enter the name, registered office and the registration number of the company from which the shares are being transferred or issued
2. enter the full name and address of the lender
3. enter the full name of the purchaser of the shares, or the person to whom the shares are being transferred
4. enter the full address (including postcode) of the property that the loan is for
5. select the type of transaction
6. enter the amount of the loan on which land transaction tax is due and the total LTT payable. The LTT calculator will help you calculate the charge. Use the link below
7. sign and date, with your contact details in case of a query
8. deliver both copies to the cashiers at Customer and Local Services. One copy will be kept for our records, the other copy will be stamped and returned with an official receipt for you to pass to the company secretary

Re-financing 

If you are re-financing, we only require the difference between the new loan and the old loan if an additional sum has been borrowed (the amount chargeable to LTT).

Foreign currency transactions 

If the transaction has taken place in a foreign currency, you must provide evidence of the rate of exchange on the day of transaction.