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House of Commons Hansard
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Stamp Duty Land Tax
29 March 2010
Volume 508
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To ask the Chancellor of the Exchequer (1) on how many land and property transactions stamp duty land tax was paid in each year since 1997; [318747]

(2) what the average amount paid in stamp duty land tax was in each year since 1997.

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Estimates of the number of residential and non-residential transactions chargeable to stamp duty on land and property are given for England, Wales and Northern Ireland for 1997-98 to 2001-02. An estimate is not available for Scotland for these years.

For the years 2002-03 to 2004-05, estimates of the number of transactions chargeable to stamp duty land tax are given for the UK and estimated based on published figures for Scotland.

For 2005-06 to 2008-09 UK figures for number of transactions chargeable to stamp duty land tax, available at:

http://www.hmrc.gov.uk/stats/survey_of_prop/table16-5.pdf

are given in the table. For these years chargeability is defined as the transaction priced over the tax threshold, unless tax reliefs reduce the tax liability to zero, whereas for previous years chargeability was defined entirely on price.

For the years from 2002-03 to 2008-09 the average amount of stamp duty land tax paid on chargeable transactions is given for each year, calculated by dividing UK receipts by the number of chargeable transactions in the table.

Estimates for the years from 1997-98 to 2004-05 are derivable from tables 15.1, 16.1A and 16.5 of past paper editions of the publication Inland Revenue Statistics. Estimate for the years from 2005-06 are derivable from figures available at:

http://www.hmrc.gov.uk/stats/stamp_duty/table15-1.pdf

and

http://www.hmrc.gov.uk/stats/survey_of_prop/table16-5.pdf

Country

Number of chargeable transactions

Average amount of stamp duty land tax per chargeable transaction

1997-98

England, Wales and NI

1720

3n/a

1998-99

England, Wales and NI

1730

3n/a

1999-2000

England, Wales and NI

1910

3n/a

2000-01

England, Wales and NI

1880

3n/a

2001-02

England, Wales and NI

11,050

3n/a

2002-03

UK

11,280

5,900

2003-04

UK

11,190

6,400

2004-05

UK

11,310

6,800

2005-06

UK

2950

11,500

2006-07

UK

21,160

11,500

2007-08

UK

21,100

12,900

2008-09

UK

2480

16,700

1 Based on number of transactions priced above lowest stamp duty land tax threshold.

2 Based on number of transactions priced above lowest stamp duty land tax threshold where tax reliefs do not extinguish chargeability.

3 No figures for stamp duty on property receipts available for England, Wales and Northern Ireland for these years.

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To ask the Chancellor of the Exchequer in which areas disadvantaged area stamp duty relief applies; and what the value is of the threshold. [324325]

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Stamp duty land tax disadvantaged areas relief is available in almost 2,000 areas of the United Kingdom. The qualifying areas for relief are set out in the Stamp Duty (Disadvantaged Areas) Regulations 2001 (S.I. 2001/3747). The relief applies to land transactions involving residential property where the chargeable consideration for the transaction does not exceed £150,000.