Application letter—stamp duty group relief—FA 1930, s 42

Published by a ÀÏ˾»úÎçÒ¹¸£Àû Tax expert
Precedents

Application letter—stamp duty group relief—FA 1930, s 42

Published by a ÀÏ˾»úÎçÒ¹¸£Àû Tax expert

Precedents
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HMRC—Stamp Office

[insert HMRC Stamp Office email address or address]

Application for Stamp duty Group relief under section 42 of the Finance Act 1930 (as amended)

in the matter of a transfer of Shares in [insert name of target company] (Target) by

[insert name of transferor company] (Transferor)

to

[insert name of transferee company] (Transferee)

    1. 1

      Responsible officer and purpose of the letter

      I, [insert name of the responsible officer who is aware of the full circumstances set out in this letter], apply for relief from stamp duty in accordance with section 42 of the Finance Act 1930 (FA 1930) in respect of the enclosed Stock transfer form (defined in paragraph 5.2). I am [[a director OR a secretary] OR [a solicitor OR an accountant] acting on behalf] of [insert name of parent company of the stamp duty group].

    1. 2

      Details of the companies

      1. 2.1

        Details of the relevant companies at the date of the Agreement (defined in paragraph 5.1) and the Stock Transfer Form (defined in paragraph 5.2) are set out below.

      1. 2.2

        For each

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Jurisdiction(s):
United Kingdom
Key definition:
Stamp duty definition
What does Stamp duty mean?

A transfer tax payable on documents and instruments, rather than in respect of a transaction. It is most commonly encountered on the transfer of UK certificated shares, where the stock transfer form is the instrument that is stamped.

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