For the purposes of stamp duty land tax (SDLT), any consideration in money or money's worth given for the subject matter of the land transaction, directly or indirectly, by the purchaser or a person connected with him (Schedule 4, Finance Act 2003). For further information, see Practice note, SDLT: chargeable consideration.

For the purposes of land transaction tax (LTT), any consideration is money or money's worth given for the subject matter of the land transaction, directly or indirectly, by the buyer or a person connected with the buyer (section 18, and Schedule 4, Land Transaction Tax and Anti-avoidance of Devolved Taxes (Wales) Act 2017). For further information, see Practice note, Welsh LTT: chargeable consideration.