Tax when you buy shares
Buying shares using a stock transfer form
You must pay Stamp Duty on your shares if:
- you buy shares through a stock transfer form
- the transaction is over £1,000
You pay 0.5% duty, which will be rounded up to the nearest £5.
ExampleIf you buy shares worth £1,050, you’ll pay 0.5% on this amount which is £5.25. You’ll round this up to £10 to pay in Stamp Duty.
For shares under £1,000, you will not need to pay anything.
Get a stock transfer form
You can get a stock transfer form from:
- a broker
- a lawyer or an accountant who deals in shares
You can also download a stock transfer form from the internet.
Find out what you need to include in a stock transfer form.
Send the transfer form to HMRC and pay Stamp Duty
You must send a copy of your stock transfer form to the Stamp Office within 30 days of it being signed and dated.
Email an electronic version or a scan of your paper form to [email protected].
If you cannot email your stock transfer form, send a photocopy by post. You must keep the original signed document for your records.
BT - Stamp Duty
HM Revenue and Customs
BX9 2AS
United Kingdom
There is a different address to send a stock transfer form by courier.
You must also pay the Stamp Duty within 30 days of the stock transfer form being signed and dated.
You may get a penalty if you do not pay on time.