Stamp Duty Tax (SDT)

    SDT is an amount payable to HMRC for acquiring shares in property investments on the Resale Market. Stamp duty is calculated at 0.5% of the value of the shares, with figures rounded up to the nearest £5, and is payable when shares are transferred. It is not payable when new shares are issued. SDT is also not payable when shares are transferred for less than £1000 (including any connected transfers).