ÀÏ˾»úÎçÒ¹¸£Àû

Tax News

SI 2025/666 Private Intermittent Securities and Capital Exchange System (Exemption from Stamp Duties) Regulations 2025

Published on: 24 June 2025
Published by a

Specialist Tax Statutory Instruments

Article summary

These Regulations are made to provide an exemption from Stamp Duty and Stamp Duty Reserve Tax (SDRT) for transfers of shares in connection with trading activity that takes place on a Private Intermittent Securities and Capital Exchange System (PISCES) under the PISCES sandbox arrangements.

Jurisdiction(s): England, Northern Ireland, Scotland and Wales

Popular Articles

Taxation of dividend income

Taxation of dividend incomeIntroductionA dividend is a distribution of profit by a company to its shareholders.A dividend is not only a payment in cash. It can be the issue of new shares in exchange for forfeiting the right to a cash payment (a stock dividend). For more detail, see the Cash

14 Jul 2020 13:48 | Produced by Tolley Read more Read more

Temporary differences

Temporary differencesCalculation of temporary differencesThe temporary difference arising in respect of an asset or liability is calculated by comparing the carrying value of that asset or liability with its tax base.IAS 12 uses the concept of taxable or deductible temporary differences. Whether a

14 Jul 2020 13:49 | Produced by Tolley in association with Malcolm Greenbaum Read more Read more

Income tax paid on behalf of employee

Income tax paid on behalf of employeeIntroductionEmployers may wish to make payments of employment income to an employee / director without the employee suffering a tax or NIC cost on that pay. In other words, the employer wants to pay an amount net of tax and NIC. In some instances, often with

14 Jul 2020 11:58 | Produced by Tolley in association with Paul Tew Read more Read more