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Taxation: Housing

Volume 488: debated on Friday 27 February 2009

To ask the Chancellor of the Exchequer how much revenue has been received by the Exchequer from property-related taxes in the last (a) 12 and (b) 24 months. (258402)

Revenue from taxes targeted at the transfer or use of land or buildings is provided in this reply. These are stamp duty land tax and business rates.

In 2007 the amount of stamp duty land tax collected was £10.4 billion and in 2008 the amount collected was £6.0 billion.

Published figures for business rates collected in Great Britain are available for financial years and were given for 2007-08 and 2008-09 in table B13 of the PBR report. Figures for the two constituent six-month periods of 2008-09 were also given in table B12.