Written Question·Treasury·UIN 34606
Stamp Duties: Economic Growth
Tabled: 28 February 2025
Answered: 6 March 2025
Named DayQuestion
Mark Garnier
Conservative — Wyre Forest
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
Emma ReynoldsCollectively, 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...
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