Written questions

Stamp Duty Reserve Tax

2026-06-15 · Treasury · 10237 · Official question

Mr Richard Holden

Question

To ask the Chancellor of the Exchequer, what modelling her Department has undertaken on the potential impact of abolishing Stamp Duty on share transactions on a) economic growth and b) net taxation revenues.

Answer

Stamp Taxes on Shares raised £4.7 billion in 2025/26; vital revenue to help fund key public services. There are multiple reliefs and exemptions built into the framework which are designed to boost liquidity and growth. While recognising the need for fisca...