Is there any stamp duty due when I make an investment on Abundance?
The issue of a Debenture will not give rise to a charge to stamp duty or stamp duty reserve tax (SDRT).
Is there any stamp duty on secondary trade?
The investments are exempt from any liability to stamp duty and SDRT on the occasion of any sale on the marketplace. If, unexpectedly, any such liability were to arise, the rate of stamp duty or SDRT potentially payable by the buyer on the purchase price for the investment would be 0.5%. If we become aware of any such liability, we will tell you about this and the arrangements for payment of it.