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The Guardian - UK
The Guardian - UK
Business
Jasper Jolly

UK considers stamp duty exemption for newly listed company shares

A trader looks at screens in a dealing room
One option under consideration is a holiday of two or three years on the 0.5% tax on share transactions. Photograph: Graeme Robertson/The Guardian

New share listings on London stock exchanges could be given a stamp duty holiday in the autumn budget under proposals under consideration by the Treasury to make British markets more attractive.

Treasury officials are considering giving newly listed companies an exemption on the 0.5% tax on share transactions at Rachel Reeves’s budget in November, according to a person with knowledge of discussions.

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