ACCA Strategic Professional · Advanced Taxation (UK) · Capital gains tax: gains and losses on the disposal of shares and securities
Under the ATX-UK tax tables, what is the rate of stamp duty on a purchase of shares?
Stamp duty on a purchase of shares is charged at 0.5% according to the ATX-UK tax tables, so the other rates listed are not correct for shares.
- A0.5%Correct
- B1%
- C2%
- D5%
Explanation
The tax tables give stamp duty on shares at 0.5%.
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