������Ƶ

There are a five UK stamp taxes which apply to transactions involving UK land and buildings, stocks and marketable securities and partnership interests. The five stamp taxes are:

1. •

   stamp duty land tax (SDLT), applying to transactions in land and buildings in England and Northern Ireland

2. •

   land and buildings transactions tax (LBTT), applying to transactions in land and buildings situated in Scotland

3. •

   land transaction tax (LTT), applying to transactions in land and buildings situated in Wales

4. •

   stamp duty applying to instruments (for example, a stock transfer form) that transfer UK shares and certain other types of stocks and securities

5. •

   stamp duty reserve tax (SDRT) applying to electronic (or paperless) transfers of UK shares and certain other securities

In addition, there is separate property tax known as the annual tax on enveloped dwellings (ATED) which should be considered along with the SDLT (or LBTT/ LTT) consequences of the acquisition of residential property. Broadly, ATED applies to the acquisition of certain UK dwellings worth more than £500,000 by companies and other types of