It must make a land transaction return with chargeable consideration of £1,260,000, that is the market value of the land (£1 million) plus any VAT actually payable on the transaction (£260,000).
Rhaid iddo nodi cydnabyddiaeth drethadwy o £1,260,000 ar y ffurflen trafodiad tir, sy’n cynnwys gwerth marchnadol y tir (£1 miliwn) ac unrhyw TAW sy'n daladwy ar y trafodiad (£260,000).