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Removal of 1.5% Charge for Stamp Taxes on Shares

HMRC have announced the removal of the 1.5% charge on the issue of UK securities into depositary receipt systems and clearance services and on certain related transfers.

Additionally, the 1.5% (or 0.2%) fee linked to the issuance of bearer instruments has also been removed.


If you require assistance in relation to the above and/or would like to discuss anything further, please do not hesitate to contact or your usual A.C.T. contact.


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