Chancellor hints at tax-free plan for budget as part of efforts to revive country’s stock marketThe chancellor, Jeremy Hunt, has hinted at plans to launch a tax-free “British Isa” investing in UK company shares at the spring budget, as part of efforts to revive the country’s stock market.A British stock Isa would allow investors to buy a certain amount of UK company shares, without paying tax. Currently, the government charges a 0.5% tax, known as the share purchase stamp duty, for any shares bought in the UK. Continue reading…
Source link : https://www.theguardian.com/politics/2024/feb/09/jeremy-hunt-may-launch-british-isa-investing-in-uk-company-shares
Author : Kalyeena Makortoff Banking correspondent
Publish date : 2024-02-09 09:44:58
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