HC Deb 10 April 1922 vol 153 cc56-7W

asked the Chancellor of the Exchequer whether he is aware that the authorities at Somerset House and the Treasury have admitted the liability of contra accounts to Stamp Duty; and whether he will have further inquiries made into the matter?


I assume that the hon. Member is referring to contra accounts of the kind described in his question of the 28th March. The Commissioners of Inland Revenue are now advised that these accounts, which contain no words of discharge, are not liable to Receipt Stamp Duty.