27
We acknowledge the Government’s need to raise revenue.
Conclusion
We acknowledge the Government’s need to raise revenue. We are not convinced however that taxing purchases of shares in UK companies at the current rate is the wisest source. An investor purchasing a share in a UK company currently pays 0.5% in share stamp duty, but pays nothing if purchasing a share in a US company. This clearly has a negative impact on investment in UK firms and consequently economic growth. (Conclusion, Paragraph 102)
Source
Committee
Business and Trade Committee
Inquiry
Financing the real economy
Report
1st Report - Investing in the UK economy
07 Jun 2026
HC 123
Addressee Bodies
Department for Business and Trade
Timeline
Recommendation age
0.1 yrs
Report published
07 Jun 2026