STSM41400 | Exemptions and reliefs: exemptions: exemption for Share Incentive Plans

There are exemptions from Stamp Duty and Stamp Duty Reserve Tax (SDRT) for approved Share Incentive Plans (SIPs). Where, under a SIP, partnership shares or divided shares are transferred to an employee, FA01/S95 exempts any relevant instrument and the transfer from Stamp Duty and SDRT respectively