§ Dr. Lynne Jones
To ask the Chancellor of the Exchequer what tax regime applies to payments from share dealings in the United Kingdom received by a person who is resident in the United Kingdom for less than 90 days per year.
§ Mr. Dorrell
All purchases of shares completed within the United Kingdom attract stamp duty. Gains realised on the disposal of shares are liable to capital gains tax if the holder is either actually resident or ordinarily resident within the United Kingdom.