Policy paper

Stamp Duty and Stamp Duty Reserve Tax: deep In the money options

This applies to businesses or individuals who enter into option contracts over UK securities.

• From: HM Revenue & Customs
• Published: 9 December 2015

Documents

Stamp Duty and Stamp Duty Reserve Tax: Deep In The Money Options

HTML

Shares transferred to depositary receipt issuers or clearance services as a result of the exercise of an option – Technical Note

PDF, 126 KB, 8 pages

This file may not be suitable for users of assistive technology.

Request an accessible format.

If you use assistive technology (such as a screen reader) and need a version of this document in a more accessible format, please email different.format@hmrc.gov.uk. Please tell us what format you need. It will help us if you say what assistive technology you use.

Draft clause 57

PDF, 42.8 KB, 2 pages

This file may not be suitable for users of assistive technology.

Request an accessible format.

If you use assistive technology (such as a screen reader) and need a version of this document in a more accessible format, please email different.format@hmrc.gov.uk. Please tell us what format you need. It will help us if you say what assistive technology you use.

Draft explanatory notes clause 57

PDF, 72.5 KB, 2 pages

This file may not be suitable for users of assistive technology.

Request an accessible format.

If you use assistive technology (such as a screen reader) and need a version of this document in a more accessible format, please email different.format@hmrc.gov.uk. Please tell us what format you need. It will help us if you say what assistive technology you use.

Draft clause 58

PDF, 40.6 KB, 2 pages

This file may not be suitable for users of assistive technology.

Request an accessible format.

If you use assistive technology (such as a screen reader) and need a version of this document in a more accessible format, please email different.format@hmrc.gov.uk. Please tell us what format you need. It will help us if you say what assistive technology you use.

Draft explanatory notes clause 58

PDF, 71.7 KB, 2 pages

This file may not be suitable for users of assistive technology.

Request an accessible format.

If you use assistive technology (such as a screen reader) and need a version of this document in a more accessible format, please email different.format@hmrc.gov.uk. Please tell us what format you need. It will help us if you say what assistive technology you use.

Details

This legislation makes the tax system fairer by removing the opportunity for avoidance arising on the transfer of shares using a deep in the money option (DITMO).

A technical consultation on Stamp Duty and Stamp Duty Reserve Tax: Deep In The Money Options has also been published.

Published 9 December 2015