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 (or, in certain circumstances where either of the SDRT market value rules applies,...

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

Higher rate charges refer to the circumstances when SDRT or stamp duty is charged at 1.5% instead of the usual 0.5% rate. This higher rate charge is referred to as a...

Practice Note

The 0.5% principal charge to SDRT is a tax that arises on an agreement (whether oral or written) to transfer chargeable securities for consideration (or, in certain...

Practice Note

Coronavirus (COVID-19) impact on stamp duty process: During the coronavirus outbreak, the Stamp Office is temporarily only accepting electronic versions of instruments of...

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

Shares in UK incorporated companies that are admitted to trading on an exchange such as the London Stock Exchange or on a growth market such as AIM are often held in...

Practice Note

Subject to exemptions and reliefs: • SDRT applies to agreements (whether oral or written) to transfer chargeable securities for consideration in money or money's worth...

Practice Note

Coronavirus (COVID-19) impact on stamp duty process: During the coronavirus outbreak, the Stamp Office is temporarily only accepting electronic versions of instruments of...

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
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