Question to the HM Treasury:

To ask the Chancellor of the Exchequer, what modelling her Department has undertaken on the potential impact of abolishing Stamp Duty on share transactions on a) economic growth and b) net taxation revenues.

Stamp Taxes on Shares raised £4.7 billion in 2025/26; vital revenue to help fund key public services. There are multiple reliefs and exemptions built into the framework which are designed to boost liquidity and growth.

While recognising the need for fiscal responsibility, the government continues to evaluate Stamp Taxes on Shares to ensure we are positioning ourselves for the future and best supporting our world-leading markets.