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HMRC internal manual

Stamp Taxes on Shares Manual

HM Revenue & Customs
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Exemptions and reliefs: reliefs: Intermediary Relief - recognition of intermediary

A person has to be recognised as an intermediary to benefit from intermediary relief. Recognition can be obtained from the relevant regulated market, MTF or recognised foreign options exchange in accordance with arrangements approved by HMRC, or directly from HMRC. Approved HMRC arrangements are in place for the following regulated markets and MTFs.

See STSM123040 and STSM123050 for further details on regulated markets and MTFs.