Influential City Group Pushes for Share Stamp Duty Review

Friday, 7 June 2024, 20:50
A prominent City group, TheCityUK, emphasizes the need for the government to reevaluate the impact of share stamp duty on the UK's competitiveness. As the group presents its key demands before the upcoming election, the debate over the tax's effects on market dynamics takes center stage. The call highlights the urgency for policy adjustments to enhance the country's financial ecosystem and maintain its global standing.
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Influential City Group Pushes for Share Stamp Duty Review

Influential City Group's Plea for Share Stamp Duty Revision

TheCityUK has stated that the current tax system puts the UK at a competitive disadvantage in the financial landscape.

Key Demands Ahead of Election

  • The call for a thorough review of the impact of share stamp duty on the market.
  • Emphasizing the need for policy reforms to enhance the UK's competitiveness.
TheCityUK urges immediate action to maintain the country's global standing in the financial sector

This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.

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