SCHEDULE 5Multiple dwellings relief

PART 4The relief

Calculation of relief

I110

The amount of tax chargeable in relation to a relevant transaction F1other than one to which schedule 2A applies is—

( DT× ND ) + RTmath

where—

DT is the tax due in relation to a dwelling,

ND is the number of dwellings that are, or are part of, the main subject-matter of the transaction, and

RT is the tax due in relation to remaining property.