Stamp duty reserve tax

Stamp duty reserve tax guidance:

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

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

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

This practice note explains: • what depositary interests (DIs) are and why they are used • why stamp duty is unlikely to apply to transfers of UK issued DIs • the...

Practice Note

STOP PRESS relating to market value consideration for transfers of listed securities to connected companies: Finance Act 2019 introduced a targeted market value rule for...

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

Provided the strict conditions for the stock lending and repo relief from stamp duty and SDRT are satisfied: • no liability to SDRT arises on an agreement to transfer...

Practice Note

This Practice Note outlines the stamp duty and stamp duty reserve tax (SDRT) treatment of the issue and transfer of sukuk, a form of Shari’a-compliant financing, also...

Practice Note