Stamp Duties: Economic Growth
Commons · Question 34606 · Tabled 28 Feb 2025 · Treasury · Official record
Answered 6 Mar 2025
Question
Asked by Mark Garnier
To ask the Chancellor of the Exchequer, whether her Department has made an assessment of the potential impact of removing stamp duty from UK listed equity transactions on economic growth.
Answer
Answered by Emma Reynolds, 6 Mar 2025
Collectively, Stamp Duty and Stamp Duty Reserve Tax are currently forecast to raise up to £5bn per year, providing vital revenue which helps to fund key public services. The existing framework contains multiple reliefs and exemptions which are designed to...