STSM013010 - Introduction to Stamp Duty on shares and Stamp Duty Reserve Tax (SDRT): Stamp duty rates: Stamp Duty - the standard rate
A transfer on sale of stocks or marketable securities is subject to Stamp Duty at the rate of 0.5% and is calcalated by reference to the amount or value of the consideration paid.
Where the amount of value of the consideration for the sale is £1,000 or under, no 0.5% Stamp Duty charge will apply if the instrument contains a certificate of value (FA1999/SCH13/PARA1(3A)). A certificate of value is a statement that the transaction effected by the instrument does not form part of a larger transaction or series of transactions in respect of which the amount or value, or aggregate amount or value, of the consideration exceeds that amount. An instrument representing a share sale for consideration of £1,000 or less which does not contain a certificate of value is subject to Stamp Duty at 0.5%