- Securities Transfer Tax (STT)
Securities Transfer Tax (STT)
What is STT?
Securities Transfer Tax is a tax payable when shares in a company are transferred.
Think of it like this…
It’s the government’s cut when share ownership changes hands.
Why does it matter?
- Usually 0.25% of the transfer value
- Must be paid within the prescribed period to avoid penalties
- Applies to certain buybacks and restructures
Best practice
Ensure STT is paid and returns lodged after any share transfer.