Clause 55 - Amount of tax chargeable: general

Part of Finance Bill – in a Public Bill Committee at 11:00 am on 5 June 2003.

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Photo of Meg Munn Meg Munn Labour/Co-operative, Sheffield, Heeley 11:00, 5 June 2003

Does the hon. Gentleman accept that when people buy property they take account of the whole cost, including legal fees and stamp duty? Stamp duty probably keeps the price of property in the south down.