How to Avoid Stamp Duty on Shares
20th August 2021
Tax is payable on the purchase of shares in the UK – known as Stamp Duty on paper transactions, and Stamp Duty Reserve Tax (SDRT) on...
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This appeal involved Follower Notices and penalties for failing to take corrective action following the receipt by the taxpayer of follower notices from HMRC.
After a fairly extensive examination of the taxpayer by me and cross-examination by HMRC, I persuaded the tax tribunal to allow a substantial reduction in the amount of the penalties levied by HMRC.
Read the full decision here
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