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Stamp Duty (Share Dealing)
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Stamp duty is a government tax levied on certain legal transactions including share dealing (and the purchase of property ).
Stamp duty on share dealing is levied at a rate of 0.5% .
There is however a higher rate of 1.5% payable in special circumstances where shares are being purchased in depository receipts or transferred into a clearance system. CREST .
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Last Updated: April 2008 © Moneyextra.com
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