Stamp Duties.

Oral Answers to Questions — Scotland. – in the House of Commons on 10th March 1925.

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Photo of Mr Herbert Williams Mr Herbert Williams , Reading

52.

asked the Chancellor of the Exchequer the receipts to date this year in respect of Stamp Duty on the transfer of dwelling-houses?

Photo of Mr Winston Churchill Mr Winston Churchill , Epping

The net receipt of Stamp Duty on conveyances of land and houses in the 11 months ended 28th February, 1925, is, approximately, £2,800,000. No division of this total can be made as between dwelling-houses and other classes of property.

Photo of Mr Herbert Williams Mr Herbert Williams , Reading

53.

also asked the Chancellor of the Exchequer the receipts to date this year in respect of the Stamp Duty on cheques?

Photo of Mr Winston Churchill Mr Winston Churchill , Epping

The Let receipt of Stamp Duty from cheques in the 11 months ended 28th February, 1925, is approximately T3,250,000.

Photo of Mr Herbert Williams Mr Herbert Williams , Reading

Will the right hon. Gentleman consider the advisability of reducing this duty, in order to economise in currency?

Photo of Mr Winston Churchill Mr Winston Churchill , Epping

I cannot be expected to answer that in advance of the introduction of the Budget.