Stamp Duty

Treasury written question – answered on 11th January 2005.

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Photo of Mr Howard Flight Mr Howard Flight Special Envoy To the City of London, Economic Affairs, Deputy Chair, Conservative Party

To ask the Chancellor of the Exchequer, what projections he made for revenue from stamp duty on (a) property and (b) share transactions in each of the last five years; and what projections he has made for each of the next three financial years.

Photo of Stephen Timms Stephen Timms The Financial Secretary to the Treasury

Estimates of the revenue from stamp duty on both property and share transactions in each of the last five financial years up to and including 2003–04 are given at duty/ tablel5_l_september04.pdf

Estimated and projected revenues for total stamp taxes in 2004–05 and 2005–06 are published in table B13 of the pre-Budget 2004 report. The breakdown between duty on land and property (Stamp Duty Land Tax) and share transactions is as follows:

£ billion
2004–05 2005–06
Stamp Duty Land Tax 6.2 6.6
Stamp Taxes on Shares 2.6 3.0

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