Who Should Pay Stamp Duty

Check the terms of the document to determine who is contractually required to pay the Stamp Duty. When the terms do not state who is liable, the party to pay Stamp Duty will follow that as specified in the Third Schedule of the Stamp Duties Act.

Terms of the Agreement

The party who is liable to pay Stamp Duty is usually stated in the agreements. 

Stamp Duties Act

When the terms of the document do not state who is liable to pay Stamp Duty, the party to pay Stamp Duty will follow that as specified in the Third Schedule of the Stamp Duties Act

Types of Transaction   Party to Pay Stamp Duty
 Buying or Acquiring Shares Buyer or Transferee  
 Mortgaging SharesMortgagor

 

 

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