Question to the HM Treasury:

To ask Her Majesty's Government whether they intend to update current Stamp Duty Reserve Tax legislation to ensure that the growth market exemption can apply to regulated recognised growth markets that are not part of a recognised stock exchange.

There are currently no plans to extend the recognised growth market exemption from Stamp Duty Reserve Tax to markets that are not part of a recognised stock exchange.

However, as with all aspects of the tax system, the Government will continue to keep this legislation under review.