Stock Exchange Transactions (Stamp Duty)
Mr Gilbert Mitchison: I notice that the definition includes stocks and shares on which Stamp Duty and commission would be at least as much as on debentures.
Cheques (Stamp Duty)
Share Transfers (Stamp Duty)
Bill to reorganise the financial arrangements of the Post Office; to amend the Post Office Act, 1953, and the Stamp Duties Management Act, 1891; and for purposes connected with the matters aforesaid, presented by Mr. Bevins; supported by Sir E. Boyle and Miss Pike; read the First time; to be read a Second time tomorrow and to be printed. [Bill 48.]
Oral Answers to Questions — Stock Exchange Transactions (Stamp Duty)
Mr William Warbey: What I said was that they are taxed already. I think that is quite enough for the time being. But an individual who buys and sells land is not taxed when he buys it or when he sells it, except for Stamp Duty. I am asking that they should be taxed first.
Mr Douglas Jay: The trustee already pays Stamp Duty when he buys equity shares and, of course, he pays Income Tax on the dividends from them. Is there any-think more wrong in this tax being payable also?
Peter Tapsell: ...volume of business on stock exchanges throughout the country since the introduction of a capital gains tax in its present form; and what is his estimate of the consequential loss of revenue from Stamp Duty in the present financial year.
23. Stamp Duties (Securities for Annuities etc.)
24. Stamp Duties (Marketable Securities etc.)
Further Amendment made: In page 57, line 29, after "valorem", insert: or with a stamp indicating that it is chargeable under paragraph (4) of the said heading and with the duty specified in that paragraph".—[Mr. du Cann.]
Clause 65.—(COMPOSITION FOR STAMP DUTY ON LOCAL AUTHORITIES' SECURITIES.)
Bill to exempt cheques and receipts from stamp duties; to abolish criminal liability and penalties in connection with unstamped cheques and receipts; and to impose a civil liability to provide a receipt upon request, presented by Mr. Graham Page; read the First time; to be read a Second time upon Friday, 17th January, and to be printed. [Bill 48.]
I like the next sentence: It also covers the avoidance of Surtax, Income Tax and the incidence of Stamp Duty.
Mr Julian Ridsdale: Is the right hon. Gentleman aware that the increase in the stamp, and in the petrol duty, and the increase in what these small farmers will have to pay as a result of the Bank Rate, is placing a heavy burden on them. Will he take urgent action to help them in this respect?
Stamp Duty (Property Transactions)
Orders of the Day — Stamp Duty Avoidance
Stamp Duties (Conveyances and Transfers)