CONTINUEThis site uses cookies. By continuing to browse this site you are agreeing to our use of cookies. Find out more.
  1. Front Page
  2. News By Topic
  3. Labour Would Hike Taxes On UK Financial Sector

Labour Would Hike Taxes On UK Financial Sector

by Amanda Banks, Tax-News.com, London

15 May 2017


UK opposition party Labour has said it would increases taxes on financial transactions in the City to raise GBP5bn (USD6.46bn) a year.

The party said that it would extend the 0.5 percent stamp duty tax on shares to include other popular financial assets.

A general election will take place on June 8, with the ruling Conservative Party expected to win by a comfortable margin.

TAGS: business | law | banking | financial services | capital markets | United Kingdom | stamp duty | services

To see today's news, click here.

 















Tax-News Reviews

Cyprus Review

A review and forecast of Cyprus's international business, legal and investment climate.

Visit Cyprus Review »

Malta Review

A review and forecast of Malta's international business, legal and investment climate.

Visit Malta Review »

Jersey Review

A review and forecast of Jersey's international business, legal and investment climate.

Visit Jersey Review »

Budget Review

A review of the latest budget news and government financial statements from around the world.

Visit Budget Review »



Stay Updated

Please enter your email address to join the Tax-News.com mailing list. View previous newsletters.

By subscribing to our newsletter service, you agree to our Terms and Conditions and Privacy Policy.


To manage your mailing list preferences, please click here »