Stamp taxes

Stamp taxes guidance:

The higher rate of stamp duty land tax (SDLT) for high-value residential property (the 15% rate) was introduced as part of a package of measures aimed at making it less...

Practice Note

The higher rates of stamp duty land tax (SDLT) apply to: • purchases of certain additional residential properties by individuals, and • purchases of residential...

Practice Note

This Practice Note deals with the administration and enforcement provisions applicable to the principal charge and the higher rate charge to stamp duty reserve tax...

Practice Note

This Practice Note examines: • the stamp taxes that arise on issue or subsequent transfer of: ◦ bearer bonds, and ◦ registered bonds • exemptions from the imposition of...

Practice Note

Exemption from SDLT can be claimed for land transactions between bodies corporate which are members of the same group for SDLT purposes at the effective date (generally,...

Practice Note

This Practice Note describes the rules on the disclosure of tax avoidance schemes (DOTAS) applying to stamp duty land tax (SDLT). The procedural aspects of the DOTAS...

Practice Note

If an exemption from stamp duty applies, a document (ie an instrument of transfer) which would otherwise be subject to UK stamp duty is exempt from such duty. This...

Practice Note

Executive summary When securities are transferred into a depositary receipt system or a clearance service, a 1.5% charge to stamp duty or SDRT generally arises, provided...

Practice Note

Executive summary An agreement to transfer chargeable securities for consideration in money or money's worth generally gives rise to a principal charge to SDRT at a rate...

Practice Note

Since 28 April 2014, no stamp duty or stamp duty reserve tax (SDRT) is chargeable on a transfer of shares or securities that are: • admitted to trading on a recognised...

Practice Note

FORTHCOMING CHANGE on extending market value rule to transfers of unlisted securities to connected companies: Following a consultation on aligning the stamp duty and SDRT...

Practice Note

FORTHCOMING CHANGE on extending market value rule to transfers of unlisted securities to connected companies: Following a consultation on aligning the stamp duty and SDRT...

Practice Note

Most transactions in publicly traded UK securities involve and take place through one or more intermediaries such as stockbrokers and banks. This is why intermediaries...

Practice Note

Stamp duty land tax (SDLT) is charged on chargeable land transactions. Consequently, the concept of a land transaction and what this encompasses is central to the...

Practice Note

Debt which: • qualifies as loan capital (whether it is short or long-term debt), and • satisfies further conditions aimed at ensuring that it is a normal commercial loan...

Practice Note

When a company’s securities are first listed on the main market of the London Stock Exchange (LSE), one or more banks (and/or other financial institutions) will be...

Practice Note