RE: Uk inv isa...share tax..pension funds & uk investment..tomorrow ?5 Mar 2024 15:51
"We at the Centre for Policy Studies think tank thought it was rather odd that no one had repeated the exercise. So we decided to do so. When Oxera re-ran the numbers, at our request, they found that abolishing stamp duty on shares would be expected to generate a one-off increase of four per cent in UK equity valuations, amounting to a £99.8bn capital gain. In the long run, there could be a permanent increase in GDP of between 0.2 per cent and 0.7 per cent, alongside an increase in annual business investment by FTSE All Share index companies of up to £6.8bn. It would also increase the size of a representative DC pension fund by the equivalent of £6,051 – more, if it was heavily weighted towards equities."