stamp duty

stamp duty A tax collected by stamping the legal documents giving effect to certain transactions: the rate of duty is ½% of the consideration given, the charge being rounded up to the nearest £5. Since 1 December 2003 stamp duty proper has been charged solely on traditional stampable documents relating to shares and securities (including bearer instruments). A transfer of shares and securities that is made without a stampable document (i.e. electronically) is charged to stamp duty reserve tax. A transfer of land is now charged to stamp duty land tax.

• creditors’ committee
• creditors’ ledger
• creditors’ voluntary liquidation
• creditor–days ratio
• credit risk
• credit squeeze
• credit transfer
• creditworthiness
• creeping takeover
• CREST
• critical event
• critical management studies
• critical mass
• critical-path analysis
• critical success factors
• CRM system
• crore
• cross-border listing
• cross-currency interest-rate swap
• crossed cheque
• cross-holding
• crossing the chasm
• cross-selling
• crowdfunding
• CRP