§ Captain SOTHERON-ESTCOURT
asked the Financial Secretary to the Treasury what would be the approximate annual cost of reducing the present twopenny tax on cheque forms and receipts to one penny?
§ Mr. HORE-BELISHA
Estimates cannot be furnished in advance of the Budget Statement of the cost of reducing existing taxation. Reference may, however, be made to Table 28 of the 75th Annual Report of the Commissioners of Inland Revenue (Command Paper No. 4196) which gives particulars of the net receipt in recent years from the Stamp Duties in question.