Oral Answers to Questions — Stamp Duty (Cheques).

– in the House of Commons on 20th November 1930.

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Photo of Mr Ralph Morley Mr Ralph Morley , Southampton

91.

asked the Chancellor of the Exchequer whether he will consider the reduction of the Stamp Duty upon cheques drawn for small sums?

Photo of Mr Philip Snowden Mr Philip Snowden , Colne Valley

My hon. Friend will not expect me to deal fully with this matter in reply to a question. I do not think, however, that it would be practicable to graduate this duty by reference to the amount of the cheque.