Stamp Duty

Treasury written question – answered on 23rd May 2006.

Alert me about debates like this

Photo of Kitty Ussher Kitty Ussher Labour, Burnley

To ask the Chancellor of the Exchequer how many properties sold in England and Wales attracted stamp duty in each year since 2000; and what proportion this number represented of (a) all properties in England and Wales and (b) the owner-occupier sector in each year.

Photo of Edward Balls Edward Balls The Economic Secretary to the Treasury

The following table gives the numbers and proportion of property transactions above the stamp duty threshold in England and Wales in each year since 2000. Figures for 2005 will be published in June 2006.

Number of property transactions above lowest stamp duty threshold (Thousands) As proportion of total transactions (Percentage)
2000 791 55
2001 913 63
2002 1,049 66
2003 975 73
2004 1,299 73

The numbers paying stamp duty will be lower due to the use of various reliefs for example disadvantaged area relief and group relief, registered social landlord relief. It is not possible to separately identify properties purchased by owner occupiers.

Does this answer the above question?

Yes1 person thinks so

No1 person thinks not

Would you like to ask a question like this yourself? Use our Freedom of Information site.