§ 10. Mr. MacGregorasked the Chancellor of the Exchequer what would be the revenue cost of raising the bands on stamp duty on conveyances of owner-occupied houses to the following: between £25,000 and £32,500 at 0.5 per cent., between £32,500 and £40,000 at 1.0 per cent. between £40,000 and £50,000 at 1.5 per cent. and above £50,000 at 2.0 per cent.
§ Mr. Denzil DaviesAbout £40 million, based on yields for 1977–78.
§ Mr. MacGregorasked the Chancellor of the Exchequer what would be the revenue cost of raising the bands of stamp duty on conveyances of owner-occupied houses to double their present level, namely, starting at £30,000 at a rate of 0.5 per cent. and reaching 2 per cent. at £60,000.
§ Mr. Denzil DaviesAbout £50 million, based on yields for 1977–78.