In order to promote more investment in UK industry by domestic & international investors the government should remove the current 0.5% Stamp Duty Investment Tax on UK listed Equities.
React
Members can read every reason.
Abolish stamp duty for cohabiting couples who split & buy share of co-owned home
If a cohabiting couple split up & one party would like to buy the other out of the family home to remain & create stability for children etc then stamp duty is liable on any share of the house bought from the leaving party & the mortgage debt taken on. Married couples do not pay this tax.
Abolish the effective Tax rate of 60% on income between £100,000 and £125,140
We want the Government to abolish the effective Tax rate of 60% on income between £100,000 and £125,140, replacing it with a Tax band of 45% on income over £100,000 and removing the tapered withdrawal of Personal Allowance.
Abolish inheritance tax
We believe inheritance tax destroys family wealth for future generations and destroys opportunities of further investment into the UK. We believe it is inhumane and incredibly unfair. Many people work all their lives to build wealth, only for it to be taxed by the Government.
Scrap stamp duty on share transactions bought within an ISA
By reducing cash ISA limits to push stocks and share ISA's, government will take more in tax than from traditional interest. 20k means multiple stamp duty payments of £100 if stocks are traded. If the government are serious about people investing to better their savings, scrap stamp duty in an ISA.
Remove inheritance tax on all estates and their property worth under £1 million
Change the inheritance tax threshold from all estates from £325,000 to £1 million, so that no inheritance tax is levied on estates and the property within them up to a value of £1 million.
In order to promote more investment in UK industry by domestic & international investors the government should remove the current 0.5% Stamp Duty Investment Tax on UK listed Equities.
React
Members can read every reason.
Abolish stamp duty for cohabiting couples who split & buy share of co-owned home
If a cohabiting couple split up & one party would like to buy the other out of the family home to remain & create stability for children etc then stamp duty is liable on any share of the house bought from the leaving party & the mortgage debt taken on. Married couples do not pay this tax.
Abolish the effective Tax rate of 60% on income between £100,000 and £125,140
We want the Government to abolish the effective Tax rate of 60% on income between £100,000 and £125,140, replacing it with a Tax band of 45% on income over £100,000 and removing the tapered withdrawal of Personal Allowance.
Abolish inheritance tax
We believe inheritance tax destroys family wealth for future generations and destroys opportunities of further investment into the UK. We believe it is inhumane and incredibly unfair. Many people work all their lives to build wealth, only for it to be taxed by the Government.
Scrap stamp duty on share transactions bought within an ISA
By reducing cash ISA limits to push stocks and share ISA's, government will take more in tax than from traditional interest. 20k means multiple stamp duty payments of £100 if stocks are traded. If the government are serious about people investing to better their savings, scrap stamp duty in an ISA.
Remove inheritance tax on all estates and their property worth under £1 million
Change the inheritance tax threshold from all estates from £325,000 to £1 million, so that no inheritance tax is levied on estates and the property within them up to a value of £1 million.