LBTT6019 - A lease for a fixed term

When assessing the tax in relation to a lease for a fixed term, any contingency which might lead to the lease being terminated before the end of the fixed term and any right of either party to terminate or renew the lease (such as a break clause or an option to renew) are to be disregarded.

LBTT(S)A 2013 schedule 19 paragraph 19