HC Deb 20 May 1919 vol 116 cc210-1W
Captain Sir R. BLADES

asked the Chancellor of the Exchequer if he will state the amount of the Stamp Duty at 1d. on cheques for each of the years ending 5th April, 1916, 1917, and 1918; the amount of the Stamp Duty at 1d. on cheques for the period from the 5th April, 1918, to the 31st August, 1918; the amount of the Stamp Duty at 1d. in cheques for the period from the 1st September, 1918, to the 5th April, 1919; the amount of the Stamp Duty at 2d. on cheques for the period from the 1st September, 1918, to the 5th April, 1919; and the cost of printing currency notes during the financial year ending 5th April, 1919?

Mr. BALDWIN

The amount of revenue received from the 1d. stamp on cheques for each of the years ending 31st March, 1916, 1917, and 1918, was as follows:

Year ending 31st March, 1916 £1,267,000
Year ending 31st March, 1917 1,310,000
Year ending 31st March, 1918 1,347,000

The amount of revenue received from the 1d. stamp on cheques from 1st April to 31st August, 1918, was £437,000; but there was a further sum of £260,000 received from the 1d. additional stamp on cheques already stamped with 1d., and £300,000 from the 2d. stamp impressed in this period, in anticipation of the new duty. From 1st September, 1918, to 31st March, 1919, a sum of £498,000 was received from the Id. additional stamp and £1,530,000 from the 2d. stamp.

The total cost of the manufacture of currency notes in the year ending 31st March, 1919, was £189,000.