Land and Buildings Transaction Tax - proposed relief for Green Freeports consultation: SG response and summary of responses

3. Summary Of Proposed Amendments

3.1 Draft clause 2(1)(b) of Schedule 16D – Full relief

This clause has been amended to reflect the relief availability period, that being 1 October 2023 to 30 September 2028.

3.2 Draft clause 3(1)(b) of Schedule 16D – Partial relief

This clause has been amended to reflect the relief availability period, that being 1 October 2023 to 30 September 2028.

3.3 Draft clause 6(2) of Schedule 16D – Qualifying green freeport land

This clause has been amended to reflect the proposed amendments to section 113 Finance Act 2021, confirming that relief under Schedule 16D applies only to freeport tax sites designated by regulations made under that section.

3.4 Draft clause 7(2)(a) of Schedule 16D – Use of land in a qualifying manner

This clause has been amended to clarify that the garden or grounds of a dwelling includes any building or other structure on such land.