Scope of stamp duty on shares: stamp duty: adjudication, stamps and reliefs: HMRC approved intermediaries
FA86/S80A(6A) enables HMRC to approve a person who is not a member of a regulated market, multilateral trading facility, recognised foreign exchange or recognised foreign options exchange.
To qualify, the person must be authorised under the law of an EEA State to provide any of the investment services or activities listed in Section A 2 or 3 of Annex I to Directive 2004/39/EC of the European Parliament and of the Council.
It is not necessary for the person to be authorised under the Directive itself for approval to be granted by HMRC.
To apply, send a letter and all relevant evidence to Birmingham Stamp Office.