English version

stamp duty in Tax topic

From Longman Dictionary of Contemporary Englishstamp dutyˈstamp ˌduty noun [uncountable]  PETa tax that must be paid in Britain on particular legal documents that have to be officially checked, especially when buying a house
Examples from the Corpus
stamp dutyStamp duty Another central government tax raised on transfers of ownership is stamp duty.Whichever buy-in regime applies, stamp duty is payable by Target at one-half percent on the return of the cancelled shares.The only difference is that a scheme might, as mentioned above, enable the bidder to save stamp duty.Had the limit not been stated, the rent would have been unascertainable, and the stamp duty would have been £2.This is because the stamp duty on property transfers is 6% but the duty on share transfers is only 1%.Increasing the stamp duty threshold on house sales from £30,000 to £60,000.