Relief from stamp duty on a transfer on sale within FA 1999, Sch. 13, Pt. I is available under FA 1986, s. 77 on an instrument transferring shares from one company (‘the target company’) to another company (‘the acquiring company’) involving the imposition of a new holding company above an existing company.

It will be seen that this relief is similar to reconstruction relief under FA 1986, s. 75 (for which see ¶400-740), and many of the conditions for its application are similar.

Need help? Get subscribed!

To subscribe to this content, simply call 0800 231 5199

We can create a package that’s catered to your individual needs.

Or book a demo to see this product in action.