Stamp Duty may apply to a transfer of equity if money is being paid or something else of value is being given in exchange for a share of a property. Situations where Stamp Duty may apply to a transfer of equity include where: • You get married/enter a civil partnership and transfer a share of a property you own to your spouse/partner (or they to you) • You jointly own a property and the other owner buys you out (or vice versa) • You are given a property as a gift where there is an outstanding mortgage to pay • A property is transferred to or from a company Stamp Duty will normally not apply to a transfer of equity where: • The value of any money or other assets transferred falls below the Stamp Duty threshold • The property is gifted and there is no mortgage on it • The transfer is the result of a divorce or separation and the transfer has been agreed as part of a financial settlement or has been ordered by a court It is always important to consult an expert transfer of equity solicitor when planning a transfer to make sure you fully understand any tax implications ahead of time.