HC Deb 22 November 1982 vol 32 cc574-5
19. Mr. Mates

asked the hon. Member for Wokingham, as representing the Church Commissioners, what is the estimated saving in 1982 in stamp duty on stock exchange transfers by the Commissioners as a result of the total exemption for charities introduced in the Finance Act 1982.

Sir William van Straubenzee

It is estimated that the saving to the Commissioners in the calendar year 1982 will be about £150,000.

Mr. Mates

Does my hon. Friend agree that that considerable saving is a good example of what the Chancellor and the Government have been able to do both for charities and the Church Commissioners in the past year?

Sir William van Straubenzee

I am obliged to my hon. Friend for that question. I agree. Although the figure can be only an estimate, the saving in a full year may rise to £180,000. The Church Commissioners are extremely appreciative.

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