OPEN CONSULTATIONS
Published in Tax update spring 2025:
Stamp taxes on shares
HMRC invite views on modernising clarifying and future-proofing the legislation imposing the higher rate 1.5% stamp tax charge.
This consultation follows on from the consultation published in April 2023 that sought feedback on proposals for modernising the principal 0.5% charge for Stamp Taxes on Shares. It seeks views on proposals to modernise the 1.5% higher rate charge which applies in certain circumstances when UK securities are transferred overseas with a focus on reducing unnecessary legislation and improving clarity.
This consultation is likely to be of interest to taxpayers investors businesses tax advisors practitioners and their representative bodies tax lawyers and their representative...
If you or your firm subscribes to Taxjournal.com, please click the login box below:
If you do not subscribe but are a registered user, please enter your details in the following boxes:
OPEN CONSULTATIONS
Published in Tax update spring 2025:
Stamp taxes on shares
HMRC invite views on modernising clarifying and future-proofing the legislation imposing the higher rate 1.5% stamp tax charge.
This consultation follows on from the consultation published in April 2023 that sought feedback on proposals for modernising the principal 0.5% charge for Stamp Taxes on Shares. It seeks views on proposals to modernise the 1.5% higher rate charge which applies in certain circumstances when UK securities are transferred overseas with a focus on reducing unnecessary legislation and improving clarity.
This consultation is likely to be of interest to taxpayers investors businesses tax advisors practitioners and their representative bodies tax lawyers and their representative...
If you or your firm subscribes to Taxjournal.com, please click the login box below:
If you do not subscribe but are a registered user, please enter your details in the following boxes: