Stamp Duty on the sale or transfer of shares | Business Link

Stamp Duty on the sale or transfer of shares Business Link: "Stamp Duty
Stamp Duty on the sale or transfer of shares
These days most shares are traded electronically, and are subject to Stamp Duty Reserve Tax (SDRT). However, if you use a stock transfer form when you buy shares this counts as a paper transaction and Stamp Duty is payable at the rate of 0.5 per cent of the transaction value, rounded up to the nearest £5. There is no charge for transactions with a value up to and including £1,000.
So if you buy shares for any amount of value ('consideration') up to £1,000 no Stamp Duty will be payable, but if the consideration is £1,050, the duty will be £10. If you're given shares for nothing, you don't have to pay any Stamp Duty."