Stamp Duty

Treasury written question – answered on 22nd March 2005.

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Photo of Mr Howard Flight Mr Howard Flight Deputy Chairman (Special Envoy To the City), Conservative Party

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

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

Estimated and projected revenues for total stamp taxes in 2004–05 and 2005–06 are published in table C8 of the Budget 2005 report. The breakdown between duty on land and property (stamp duty land tax) and share transactions is given in the following table:

£ billion
2004–05 2005–06
Stamp duty land tax 6.3 6.7
Stamp taxes on shares 2.6 3.0

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