Exemptions and reliefs: exemptions: charities - Stamp Duty Reserve Tax (SDRT) exemption
SDRT exemption for charities
FA86/S90(7) provides a general exemption from Stamp Duty Reserve Tax (SDRT) where securities are transferred to:
- a charitable company or the trustees of a charitable trust;
- the Trustees of the National Heritage Memorial Fund;
- the Historic Buildings and Monuments Commission for England.
Details on how to obtain the exemption in CREST can be found at STSM041170.
There are separate provisions for collective investment schemes subject to the SDRT charge in FA99/SCH19 (see STSM101100).