PART 6RETURNS AND PAYMENTS

CHAPTER 1RETURNS

Adjustments

I150Single return in respect of linked transactions with same effective date

1

Wherethere are two or more linked transactions with the same effective date the buyer, or all of the buyers if there is more than one, may make a single return as if all of those transactions were a single notifiable transaction.

2

Where two or more buyers make a single return in respect of linked transactions, sections 37 to 40 apply as if—

a

the transactions in question were a single transaction, and

b

those buyers were buyers acting jointly.