Consideration

Leases

For a lease, the consideration is usually money in the form of rent and a premium or lump sum, excluding any Value-Added Tax (VAT). However, the consideration may also include:

  • shares you transfer to the landlord
  • or
  • produce or other goods you provide to the landlord.

You pay Stamp Duty on the value of the shares, produce or goods.

Where a lease is treated as a gift, you pay Stamp Duty on a notional premium. For more information, see Gifts.

Next: Transfers of property