Budget 2013: Chancellor abolishes stamp duty on AIM shares

clock

The Chancellor has revealed plans to remove stamp duty on AIM shares, as part of the 2013 Budget.

Osborne said stamp duty on AIM shares will be abolished from next April, in a move which he said will benefit hundreds of small business in the UK. He added stamp duty will also be removed from other growth markets.  "In parts of Europe they're introducing a financial transaction tax. Here in Britain we're getting rid of one," he said. In his Autumn Statement in December Osborne also revealed the government is consulting over allowing direct investment in AIM shares within ISAs, to boost enterprise. "We are upgrading the ISA limit to £11,520 next year, while also consulting over...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Investment

Why should investors back China in the worldwide robotics race?

Why should investors back China in the worldwide robotics race?

The race to identify Asia's hidden gems

Xin-Yao Ng
clock 19 June 2026 • 5 min read
UK small-caps – down and out or ready for a rope-a-dope?

UK small-caps – down and out or ready for a rope-a-dope?

'Our faith is rooted in our own in-depth research and direct engagement with businesses'

Eustace Santa Barbara
clock 19 June 2026 • 5 min read
US-Iran truce eases inflation picture but markets to experience 'hangover'

US-Iran truce eases inflation picture but markets to experience 'hangover'

Fed and BoE face 'balancing act'

Michael Nelson
clock 15 June 2026 • 3 min read