Conveyances (Stamp Duty).

Oral Answers to Questions — Scotland. – in the House of Commons on 3rd March 1925.

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Photo of Mr Charles Waterhouse Mr Charles Waterhouse , Leicester South

58.

asked the Chancellor of the Exchequer what was the amount of revenue derived from Stamp Duty on the conveyance of real property of a value exceeding £500 and not exceeding £750 in the financial year 1923–24; and what proportion of this duty was in respect of the conveyance of house property?

Photo of Mr Winston Churchill Mr Winston Churchill , Epping

I regret that this information is not available. The net receipt of Stamp Duty in the financial year 1923–24 from conveyances of land and houses was £3,023,535, of which £2,738,350 was in respect of property exceeding £500 in value.

Photo of Mr Charles Waterhouse Mr Charles Waterhouse , Leicester South

In view of the fact that workmen's dwellings have increased so much in price, will the right hon. Gentleman consider the amount of the Stamp Duty on the conveyances?

Photo of Mr Winston Churchill Mr Winston Churchill , Epping

Certainly, I will look into that.