Stamp Duty

Treasury written question – answered on 15th June 2005.

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Photo of Caroline Spelman Caroline Spelman Shadow Secretary of State (Office of the Deputy Prime Minister)

To ask the Chancellor of the Exchequer pursuant to the answer of 26 May 2005, Official Report, column 201W, on stamp duty, what the forecast revenues from stamp duty on (a) residential properties and (b) commercial properties are in (i) 2004–05 and (ii) 2005–06.

Photo of Ivan Lewis Ivan Lewis The Economic 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 Stamp Duty Land Tax component of these figures is estimated at £6.3 billion in 2004–05 and £6.7 billion in 2005–06.

Separate estimates for Stamp Duty Land Tax receipts for 2004–05 from both residential and commercial property will be published later this year.

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