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.
Rachel Reeves
Chancellor
Similar motions
Abolish 0.5% Stamp Duty Reserve Tax on UK-Listed Equities
Abolish stamp duty for cohabiting couples who split & buy share of co-owned home
Fund Stocks & Shares ISAs for every child, transitioning to pensions as they age
Keep Lifetime ISA for retirement savings & make a new ISA for first time buyers
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.
Similar motions
Abolish 0.5% Stamp Duty Reserve Tax on UK-Listed Equities
Abolish stamp duty for cohabiting couples who split & buy share of co-owned home
Fund Stocks & Shares ISAs for every child, transitioning to pensions as they age
Keep Lifetime ISA for retirement savings & make a new ISA for first time buyers