UK Dashboard Profile | Global Solidarity Levies Task Force

Stamp Duty

The first is stamp duty which applies to instruments that transfer certificated shares at a rate of 0.5%.
The transfer is generally processed with a stock transfer form.
No stamp duty is charged on: share transfers valued under £1,000, property that passes to the purchaser by delivery, transfers of U.K. government securities and other non-convertible loan stock, transfers between associated U.K. or foreign companies (subject to certain conditions), transfers under which a beneficial interest does not pass, eligible AIM (Alternative Investment Market),
High Growth Segment securities, gifts.

Stamp Duty Reserve Tax (SDRT)

Applies to the oral or written agreement to transfer chargeable securities (usually electronic paperless share transactions in CREST) at a rate of 0.5%.
Included in the definition of such securities are shares of a U.K.-incorporated company, shares of a foreign company with a register in the U.K., share purchase options, subscription rights, an interest in shares, such as an interest in the proceeds earned from selling shares.
Exemptions from SDRT are available for transfers of listed securities to intermediaries who are members of a stock exchange in an EEA, or members of a recognized foreign stock/option exchange, stock lending and repos of listed securities on exchange, transfers of units in exchange traded funds, eligible AIM and High Growth Segment securities, transfers to charities.
Stamp Duty Reserve Tax (SDRT) at 1.5% will apply if a transfer of shares into some ‘depositary receipt schemes’ or ‘clearance services’ takes place. This is when the shares are transferred to a service operated by a third party such as a bank (Burnleit and Girlat 2018, 12).

Source: Not specified

Domestic flights: £6 for economy; £14 for any class other than economy; £84 for private jets
International flights: Depends on distance band: £13-94 for economy class; £28-£224 for non-economy class; £84-£673 for private jets.
Beneficiary of aviation tax: National Treasury. Revenues are not earmarked.

Instruments: National Carbon tax, National ETS
% of emissions covered: 0.13, 0.28
Price: £18 (US$22.62), £35.86 (US$45.06)
Revenue: £804 million (US$994 million), £4,203 million (US$5,201 million)
Sectors covered: Electricity and heat, Electricity and heat, Industry, Mining and extractives, Aviation
Offsetting: Not permitted, Not permitted