PARLIAMENTARY WRITTEN QUESTION
(28 February 2025)
Question Asked
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.
Asked by:
Mark Garnier (Conservative)
Asked by:
Mark Garnier (Conservative)
Answer
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 boost liquidity and growth.
The government keeps all taxes under review.
Answered by:
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