Stamp Duty

Treasury written question – answered at on 11 December 2006.

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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 what estimate he has made of the likely change in revenue between 2005-06 and 2006-07 as a result of stamp duty thresholds for (a) 3 per cent. duty and (b) 4 per cent. duty on residential properties remaining unchanged.

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

The estimated amount of stamp duty land tax for 2005-06 arising from residential transactions, by stamp duty land tax band, is given at:

http://www.hmrc.gov.uk/stats/stamp_duty/table15-3.xls

Estimates of stamp duty land tax for 2006-07, arising from residential transactions, will be published next September.

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