The Act Amount of tax chargeable Section 26 – Amount of tax chargeable: linked transactions
73.Section 26 applies instead of section 25 where a chargeable transaction is one of a number of linked transactions. The amount of tax due on the total consideration for all the linked transactions is calculated first and then that tax is apportioned to the transaction in question on the basis of the chargeable consideration for the transaction.
74.Defined terms used in this section: