Skip to main content

Stamp Duty

Volume 448: debated on Thursday 13 July 2006

18. To ask the Chancellor of the Exchequer what forecasts he has made of stamp duty receipts from sales of residential property during the periods between 1 June 2006 and 31 December 2006 and 1 June 2007 and 31 December 2007. (84779)

Forecasts of yield are made at Budget time on a fiscal year basis. The forecast is published in table C8 which aggregates stamp duty on property with that on shares.

A retrospective analysis of yield from residential and commercial stamp duty land tax (stamp duty on property) is published in the autumn.

23. To ask the Chancellor of the Exchequer if he will make a statement on the future of stamp duty on residential property sales. (84785)

To ask the Chancellor of the Exchequer, pursuant to the answer of 26 June 2006, Official Report, column 95W, on stamp duty (1) how much was raised in stamp duty from home sales in (a) the United Kingdom, (b) London, (c) Southend and (d) Wales in 2005-06; (83692)

(2) how much was raised in stamp duty from home sales in (a) each local authority area, (b) the United Kingdom, (c) London, (d) Scotland and (e) Wales in the nearest year to 1997-98 for which figures are available.

Estimates of stamp duty raised from home sales in 1997-98 in the United Kingdom, London, Scotland and Northern Ireland (combined) and Wales are available at:

http://www.hmrc.gov.uk/stats/stats/stamp_duty/table15_2_october04.xls

Final figures for 2005-06 have not yet been published.