Three Scale 1 fees are payable, assessed on the price paid in each separate sale, regardless of whether 1 transfer form or 3 transfer forms are used. Development Plan Limited assembles a site for development by buying sites from 3 separate landowners for £1.2 million, £1.7 million and £850,000.The fee is payable under Scale 1 on the sterling equivalent. Europa Land Limited buys a property for €900,000.The fee is payable under Scale 1, assessed on the VAT inclusive price of £1,080,000. VAT of £180,000 is chargeable on the transaction. ![]()
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