Is stamp duty payable on a transfer of equity?


Yes stamp duty now known as Stamp Duty Land Tax will be payable on the value of the share transferred of Equity. A fine of up to £200 can be imposed on failure to pay within the month or failure to do so.
Q&A Related to "Is stamp duty payable on a transfer of equity?"
1.5% of the face value of share scrips and .01% for sripless shares
Stamp Duty Land Tax (SDLT) applies to most land and property transactions on or after 1 December 2003, involving any estate, interest, right or power over land in the UK. SDLT applies
It is 0.25 % of the consideration of transter or market value of the shares involved as the case may be for unlisted and listed companies respectively.
Stamp duty is payable at 4% on property worth more than £500,000. Amount payable on £800,000 is £32,000. report this answer. Updated on Friday, February 03 2012
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Stamp duty is indeed payable on part exchange properties. The amount due is calculated from the value of the more expensive property. Previously, the Inland Revenue ...
Stamp Duty is payable only on the purchase or transfer of land or property where the amount paid is above a certain threshold. Stamp Duty was first introduced ...
Stamp duty is a tax that is payable in a number of transactions. It applies in purchases of shares and property. The types of stamp duty also vary. There is the ...
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