Table 1: Subordinate legislation powers in SDLT, LBTT and LTTA legislation

 

Description of power

Subordinate legislation power in LTTA Bill

Equivalent provision in SDLT legislation

Equivalent provision in LBTT legislation

Power to add, remove or modify the list of exempt interests

Section 5(4)

 

Procedure: AFFIRMATIVE

Section 48(5) FA 2003

 

Procedure: NEGATIVE

Section 5(4) LBTT(S)A 2013

 

Procedure: AFFIRMATIVE

Power to modify chargeable consideration provisions

Section 18(2)

 

Procedure:  AFFIRMATIVE

Section 50(2) FA 2003

 

Procedure: NEGATIVE

Section 17(2) LBTT(S)A 2013

 

Procedure: NEGATIVE (but AFFIRMATIVE when amending primary legislation)

Power to set tax bands and tax rates

Section 24(1)

 

Procedure: First regulations = AFFIRMATIVE, second and subsequent regulations = PROVISIONAL AFFIRMATIVE

Not applicable (tax bands and tax rates set through resolutions made under Provisional Collection of Taxes Act and annual Finance Act)

Section 24(1) LBTT(S)A 2013

 

Procedure: First regulations = AFFIRMATIVE, second and subsequent regulations = PROVISIONAL AFFIRMATIVE

Power to add, modify or remove reliefs or modify section 31 (relief TAAR)

Section 30(6)

 

Procedure: AFFIRMATIVE

Not applicable (reliefs introduced, removed and modified through resolutions made under Provisional Collection of Taxes Act and annual Finance Act)

Section 27(3) LBTT(S)A 2013

 

Procedure: AFFIRMATIVE

Power to make further provision about the application of LTT to companies

Section 33(7)

 

Procedure: AFFIRMATIVE

No equivalent power

No equivalent power

Power to provide that certain schemes are not to be treated as unit trust schemes for purposes of LTT

Section 34(6)

 

Procedure: NEGATIVE

Section 101(5) FA 2003

 

Procedure: NEGATIVE

Section 45(6) LBTT(S)A 2013

 

Procedure: NEGATIVE

Power to make provision to ensure LTT has effect in relation to open-ended investment companies and transactions involving those companies

Section 35(1)

 

Procedure: AFFIRMATIVE

Section 102(1) FA 2003

 

Procedure: NEGATIVE

Section 46(1) LBTT(S)A 2013

 

Procedure: NEGATIVE

Power to amend partnership provisions

Section 40(2)

 

Procedure: AFFIRMATIVE

No equivalent power

Section 49(2) LBTT(S)A 2013

 

Procedure: AFFIRMATIVE

Power to amend trust provisions

Section 41(2)

Procedure: AFFIRMATIVE

No equivalent power

Section 50(2) LBTT(S)A 2013

 

Procedure: AFFIRMATIVE

Power to substitute thresholds at which a transaction becomes notifiable

Section 45(10)

 

Procedure: AFFIRMATIVE

No equivalent power

Section 30(7) LBTT(S)A 2013

 

Procedure: AFFIRMATIVE

Power to amend late payment interest start date in cases where the consideration is contingent or unascertained

Section 46(5)

 

Procedure: AFFIRMATIVE

Section 87 FA 2003

 

Procedure: NEGATIVE

 

Section 217(2) RSTPA 2014

 

Procedure: NEGATIVE

 

Power to amend late payment interest start date in cases where relief is withdrawn

Section 48(5)

 

Procedure: AFFIRMATIVE

Section 87 FA 2003

 

Procedure: NEGATIVE

 

Section 217(2) RSTPA 2014

 

Procedure: NEGATIVE

 


Power to amend period within which returns must be made

Section 51(1)

 

Procedure: AFFIRMATIVE

Section 76(2) FA 2003 (note power exercisable by Commissioners for Revenue and Customs not Treasury)

 

Procedure: NEGATIVE

 

Section 39(1) LBTT(S)A 2013

 

Procedure: NEGATIVE

 

Power to make regulations about the deferral of tax

Section 63(1)

 

Procedure: AFFIRMATIVE

Section 90(2) FA 2003 (note power exercisable by Commissioners for Revenue and Customs not Treasury)

 

Procedure: NEGATIVE

 

Section 42 LBTT(S)A 2013

 

Procedure: NEGATIVE

 

Power to make provision about WRA certificates

Section 64(5)

 

Procedure: NEGATIVE

 

Section 79(4) FA 2003 (note power exercisable by Commissioners for Revenue and Customs not Treasury)

 

Procedure: NEGATIVE

 

No equivalent power

Power to modify the meaning of “residential property”

Section 71(10)

 

Procedure: AFFIRMATIVE

Section 116(8) FA 2003

 

Procedure: NEGATIVE

Section 59(9) LBTT(S)A 2013

 

Procedure: AFFIRMATIVE

 

Power to make consequential etc. provision

Section 76(1)

 

Procedure: NEGATIVE, but AFFIRMATIVE if the regulations have the effect of imposing or increasing liability to tax

No specific stand-alone power, but see section 109(6) FA 2003 (PROVISIONAL AFFIRMATIVE) and section 114(6) FA 2003

Section 67(1) LBTT(S)A 2013

 

Procedure: NEGATIVE (but AFFIRMATIVE when amending primary legislation)

Power to commence provisions in the Bill

Section 79(2)

 

No procedure

No equivalent power

Section 70(2) LBTT(S)A 2013

 

No procedure

Power to add, remove or vary exemptions

Paragraph 7, Schedule 3

 

Procedure: AFFIRMATIVE

Paragraph 5, Schedule 3 FA 2003

 

Procedure: NEGATIVE

Paragraph 8, Schedule 1 LBTT(S)A 2013

 

Procedure: AFFIRMATIVE

Power to charge tax on the rent element of residential lease

Paragraph 27(2), Schedule 5

 

Procedure: AFFIRMATIVE

No equivalent power

No equivalent power

Power to specify residential lease rates and bands

Paragraph 27(4), Schedule 5 (power can only be exercised if regulations made under paragraph 27(2), Schedule 5)

 

Procedure: First regulations = AFFIRMATIVE, second and subsequent regulations = PROVISIONAL AFFIRMATIVE

Not applicable (tax bands and tax rates set through resolutions made under Provisional Collection of Taxes Act and annual Finance Act)

Paragraph 3, Schedule 19 LBTT(S)A 2013

 

Procedure: First regulations = AFFIRMATIVE, second and subsequent regulations = PROVISIONAL AFFIRMATIVE

Power to specify lease rates and bands

Paragraph 28(1), Schedule 5

 

Procedure: First regulations = AFFIRMATIVE, second and subsequent regulations = PROVISIONAL AFFIRMATIVE

Not applicable (tax bands and tax rates set through resolutions made under Provisional Collection of Taxes Act and annual Finance Act)

Paragraph 3, Schedule 19 LBTT(S)A 2013

 

Procedure: First regulations = AFFIRMATIVE, second and subsequent regulations = PROVISIONAL AFFIRMATIVE

Power to specify alternative temporal discount rate

Paragraph 32, Schedule 5

 

Procedure: AFFIRMATIVE

Paragraph 8, Schedule 5 FA 2003

 

Procedure: NEGATIVE

Paragraph 7, Schedule 19 LBTT(S)A 2013

 

Procedure: NEGATIVE

Power to specify amount of relevant rent

Paragraph 36(1), Schedule 5

 

Procedure: AFFIRMATIVE

No equivalent power

No equivalent power

Power to prescribe further information in relation to alternative finance investment bonds

Paragraphs 8(1), 9(1), 12(b), 16 and 18(4) or (5), Schedule 10

 

Procedure: NEGATIVE

Paragraph 1, Schedule 61 FA 2009

 

Procedure: NEGATIVE

Paragraph 3, Schedule 8 LBTT(S)A 2013

 

Procedure: NEGATIVE

Power to prescribe minimum percentage of tax attributable to dwellings in multiple dwellings relief

Paragraph 6(6), Schedule 12

 

Procedure: NEGATIVE

No equivalent power

Paragraph 12, Schedule 5 LBTT(S)A 2013

 

Procedure: NEGATIVE

Power to add to list of “relevant public sector bodies” for purposes of right to buy relief

Paragraph 2(3)(g), Schedule 14

 

Procedure: NEGATIVE

Paragraph 1, Schedule 9 FA 2003

 

No procedure

No equivalent power (relief does not exist in Scotland)

Power to prescribe proportion of tax in acquisition relief

Paragraph 3(1), Schedule 16

 

Procedure:  AFFIRMATIVE

No equivalent power

Paragraph 6, Schedule 11 LBTT(S)A 2013

 

Procedure: NEGATIVE

Power to specify particular transaction eligible for relief for certain acquisitions involving public bodies

Paragraph 1(2), Schedule 19

 

Procedure: NEGATIVE

Section 66(2) FA 2003

 

Procedure: NEGATIVE

Paragraph 2, Schedule 16 LBTT(S)A 2013

 

Procedure: NEGATIVE

Power to add to list of public bodies for purposes of relief for certain acquisitions involving public bodies

Paragraph 1(4)(l), Schedule 19

 

Procedure: NEGATIVE

Section 66(4) FA 2003

 

Procedure: NEGATIVE

Paragraph 4, Schedule 16 LBTT(S)A 2013

 

Procedure: NEGATIVE

Power to add to list of health bodies eligible for relief

Paragraph 2(d), Schedule 19

 

Procedure: NEGATIVE

No equivalent power

No equivalent power (relief does not exist in Scotland)

Power to add to list of public bodies for purposes of relief for compliance with planning obligations

Paragraph 2(3)(e), Schedule 20

 

Procedure: NEGATIVE

Section 61(3) FA 2003

 

No procedure

Paragraph 5, Schedule 15 LBTT(S)A 2013

 

Procedure: NEGATIVE

Power to make provision about records to be kept or preserved for purposes of TCMA

Paragraph 7, Schedule 22 (introducing new section 39A TCMA)

 

Procedure: NEGATIVE

 

Paragraph 4, Schedule 11 FA 2003

 

Procedure: NEGATIVE

Section 81 RSTPA 2014

 

Procedure: AFFIRMATIVE