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UK Finance Calls for Financial Services Tax Roadmap
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UK Finance urges the government to develop a tax roadmap for financial services, emphasizing the need to encourage business and retail investment. The organization also advocates for replacing the Recovery Loan Scheme with a new Growth Loan Scheme, issuing a digital gilt, reducing the 0.5% share purchase stamp duty, and charting a course towards net zero by 2050.
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How could the proposed digital gilt and reduced stamp duty impact the financial market in the UK?
How might the tax roadmap for financial services impact the overall economic growth of the UK?
What are the potential implications of replacing the Recovery Loan Scheme with a new Growth Loan Scheme?
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