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Commentary

UK1.9.3 UK compliance requirements for other UK taxes payable by individuals

United Kingdom

UK value added tax

Value added tax (VAT) is the UK sales tax. As such it is added to most goods and services sold by VAT-registered businesses. See UK1.5.4 and UK2.8.6.

UK stamp taxes

Stamp taxes are payable when an interest in a land (freehold or leasehold) is purchased in the UK. The type of stamp tax payable depends on where in the UK the property is sited. Property acquired in England and Northern Ireland is subject to stamp duty land tax (SDLT). Property acquired in Scotland is subject to land

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