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Stamp Duty Land Tax" (SDLT), a new transfer tax derived from stamp duty, was introduced for land and property transactions from 1 December 2003. SDLT is not a stamp duty, but a form of self-assessed transfer tax charged on "land transactions". On 24 March 2010, Chancellor Alistair Darling introduced two significant changes to UK Stamp Duty Land ...
Stamp duty land tax (SDLT) is a tax on land transactions in England and Northern Ireland. It was introduced by the Finance Act 2003. It largely replaced stamp duty with effect from 1 December 2003. SDLT is not a stamp duty, but a form of self-assessed transfer tax charged on "land transactions".
Hydrocarbon oil duty, commonly referred to as 'fuel duty' or 'fuel tax' is an excise duty levied on some fuels used by road vehicles in the United Kingdom. Tax is based on fuel volume, rather than as a percentage of the selling price. [20] With the exception of gas, rates don't vary by fuel type.
In 1962, the first commercial vehicle exam was created and a valid certificate was required in order to receive a tax disc, and in April 1967, the testable age for a MOT was reduced to three years. On 1 January 1983, the testable age for ambulances, taxis and vehicles with more than eight passenger seats (excluding the driver's) was reduced to ...
The locomotive duty was levied at £5 (equivalent to £703.52 as of 2023), [27] for each locomotive used on the public roads and the trade cart duty was introduced for all trade vehicles (including those which were mechanically powered) not subject to the existing carriage duty, with the exception of those used in agriculture and those weighing ...
The Stamp Duty Land Tax (Temporary Relief) Act 2020 (c. 15) an act of the Parliament of the United Kingdom that temporarily reduces stamp duty in response to the COVID-19 pandemic [1] in England and Northern Ireland. [2] Separate provisions have been made in Scotland by the Scottish Parliament, and in Wales by the Welsh Assembly. [2]
An impressed duty stamp is a form of revenue stamp created by impressing a stamp onto a document using a metal die to show that the required duty (tax) had been paid. The stamps have been used to collect a wide variety of taxes and duties, including stamp duty and duties on alcohol, financial transactions, receipts, cheques and court fees.
An 1898 £1 revenue stamp of Western Australia Revenue stamps on smuggled tobacco seized by the British tax authorities.. A revenue stamp, tax stamp, duty stamp or fiscal stamp is a (usually) adhesive label used to designate collected taxes or fees on documents, tobacco, alcoholic drinks, drugs and medicines, playing cards, hunting licenses, firearm registration, and many other things.