Need advice about Stamp Duty
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stanfield
Apprentice
Joined: 15 Jan 2007
Posts: 2
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 Posted: 01/26/08 - 07:50 Post subject: |
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| Hi, guys. I am a UK resident and I have to ask some questions. I hear that Stamp Duty is active here and I would like to know something more. I would appreciate your advices. I have to make a land transactions and I am interested in this duty. Thanks for reading this. |
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ario
Apprentice
Joined: 29 Dec 2003
Posts: 20
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| Posted: 02/25/08 - 02:16 Post subject: |
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| Hello. You have heard well. In UK Stamp Duty is connected to documents. This stamp duty can be attached or impressed on a document. For most areas, this duty was abolished in 2003. But there are some exceptions. Some of them are: transfer of securities and shares, the issue of bearer instruments, etc. Stamp duty was replaced with stamp duty land tax in other areas. It isn’t a new stamp duty. It is a kind of transfer tax. If you want to know something more, don’t hesitate to ask me. I hope I’ve helped you a little. |
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