Commissioned by the Association of British Insurers (ABI), City of London Corporation, Investment Management Association (IMA) and London Stock Exchange, this independent Oxera analysis assesses the impact of stamp duty on individuals, companies and the wider economy.

Stamp duty is levied on market participants that are not registered as financial intermediaries at a rate of 0.5% of the value of purchases of UK listed companies. The study considers the effects of abolition of stamp duty, and concludes that stamp duty has a potentially damaging impact on individuals, companies and the wider economy.

Above is a short abstract of the document you are requesting. To view the document in its entirety, please log in or register with us.