HMRC provides comprehensive guidance on Stamp Duty Land Tax, a tax applied to land transactions that has been in effect since December 2003. The manual covers transactions in England and Northern Ireland, where SDLT remains applicable following devolution of tax powers in April 2018. Businesses and professionals involved in property transactions should note that Scotland and Wales now operate separate land tax systems administered by their respective authorities, with guidance available through the Scottish Government and Welsh Revenue Authority websites.
Source: HMRC (GOV.UK) – Read the original