Finance Act 1999

Rates of duty U.K.

2 U.K. Duty under this Part is chargeable by reference to the amount or value of the consideration for the sale.

3 U.K. In the case of a conveyance or transfer of stock or marketable securities the rate is 0.5%.

4 U.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 [F1 £125,000] or under and the instrument is certified at [F1 £125,000]	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	[F2 3%]
4.	Any other case	[F3 4%]

Textual Amendments

F1 Word in Sch. 13 para. 4 substituted (with effect in accordance with s. 162(5) of the amending Act) by Finance Act 2006 (c. 25), s. 162(3)

F2 Sch. 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)

F3 Sch. 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)

5 U.K. The above provisions are subject to any enactment setting a different rate or setting an upper limit on the amount of duty chargeable.