Rates of dutyU.K.
2U.K.Duty under this Part is chargeable by reference to the amount or value of the consideration for the sale.
3U.K.In the case of a conveyance or transfer of stock or marketable securities the rate is 0.5%.
4U.K.In the case of any other conveyance or transfer on sale the rates of duty are as follows—
1. | Where the amount or value of the consideration is £60,000 or under and the instrument is certified at £60,000 | Nil |
2. | Where the amount or value of the consideration is £250,000 or under and the instrument is certified at £250,000 | 1% |
3. | Where the amount or value of the consideration is £500,000 or under and the instrument is certified at £500,000 | [F13%] |
4. | Any other case | [F24%] |
Textual Amendments
F1Sch. 13 para. 4: figure in fourth entry substituted (retrospective to 28.3.2000 and with effect as mentioned in s. 114(2)(3) of the amending Act) by 2000 c. 17, s. 114(1)(b)(2)-(4)
F2Sch. 13 para. 4: figure in third entry entry substituted (retrospective to 28.3.2000 and with effect as mentioned in s. 114(2)(3) of the amending Act) by 2000 c. 17, s. 114(1)(a)(2)-(4)
5U.K.The above provisions are subject to any enactment setting a different rate or setting an upper limit on the amount of duty chargeable.