§ Sir William Clarkasked the Chancellor of the Exchequer how much at 1983–84 prices it would cost to change the stamp duty reduced scale on conveyances and transfers of property other than stocks and shares to a slice system with the first £25,000 charged at nil, the next £25,000 charged at 4 per cent. and the remainder at 2 per cent.
§ Mr. WakehamThe full year 1983–84 cost, after an allowance for the yield from transactions which would pay more duty is estimated to be £35 million. The figure contains an appropriate adjustment for leases.