Find out what is meant by a 'recognised stock exchange' and the legislation that applies.
What is a ‘recognised stock exchange’
The term ‘recognised stock exchange’ occurs throughout the Taxes Acts and in various tax regulations. For example, it’s used in the definition of investments which may be held in Individual Savings Accounts and in the qualifying criteria for the quoted Eurobond exemption. Recognised stock exchange legislation is found under S1005 Income Tax Act (ITA) 2007.
HMRC will consider the designation of a stock exchange as a recognised stock exchange under S1005 ITA 2007 on receipt of a request made by a stock exchange. The fact that a particular exchange is not recognised may simply mean that recognition has not been requested.
Email any queries about recognised stock exchanges to email@example.com. If you email HMRC with a recognised stock exchange query, we will normally reply to you by email.
However, as the security of email cannot be guaranteed, it’s important that you understand and accept the risks associated with using email and attachments, and that you are happy for HMRC to send you information concerning your business or personal details by email.
If you do email us, confirm that you accept those risks and confirm the email address (or addresses) that you want us to reply to.
If you do not want HMRC to reply to your original message by email, state this clearly and supply alternative contact details so that we can contact you in writing or by telephone.
HMRC cannot access emails marked ‘Private’. If you have sent your enquiry this way, you should resend the email as ‘Normal’.
You can write to HMRC at the following address:
HM Revenue and Customs
Edinburgh Regional Centre
Queen Elizabeth House
1 Sibbald Walk