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810338
star this property registered interest false more like this
star this property date less than 2017-12-20more like thismore than 2017-12-20
unstar this property answering body
HM Treasury more like this
star this property answering dept id 14 more like this
star this property answering dept short name Treasury more like this
unstar this property answering dept sort name CaTreasury more like this
star this property hansard heading Stamp Duty Land Tax more like this
star this property house id 1 more like this
star this property legislature
25259
star this property pref label House of Commons more like this
star this property question text To ask Mr Chancellor of the Exchequer, what recent assessment he has made of the level of abuse of the market-making exemption in relation to stamp duty. more like this
star this property tabling member constituency Newcastle upon Tyne North more like this
star this property tabling member printed
Catherine McKinnell more like this
unstar this property uin 120804 more like this
star this property answer
answer
unstar this property is ministerial correction false more like this
star this property date of answer less than 2018-01-08more like thismore than 2018-01-08
star this property answer text <p>All aspects of Stamp Duty Reserve Tax are monitored by HMRC and action is taken where necessary to prevent or counter non-compliance.</p><p> </p><p>Intermediary relief was introduced in 1997 to safeguard liquidity and market making in the London equity market. Without the relief, market activity would fall and the chains of transactions between an ultimate seller and buyer would be subject to unsustainably high effective tax rates.</p> more like this
star this property answering member constituency Central Devon more like this
star this property answering member printed Mel Stride more like this
star this property question first answered
remove filter
star this property answering member
3935
star this property label Biography information for Mel Stride remove filter
star this property tabling member
4125
unstar this property label Biography information for Catherine McKinnell more like this