§ Sir P. DAWSONasked the Chancellor of the Exchequer if, while preparing his Budget statement, he will bear in mind the desire, widely expressed among the business community, for a reduction in the Stamp Duties on cheques and receipts?
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§ Mr. BALDWINMy hon. Friend will not expect me, in a matter of this kind, to anticipate my Budget statement.
Mr. HOUFTONasked the Chancellor of the Exchequer if he is aware that the Stamp Duty on new capital issues by limited companies was raised during the War from 5s. per £100 to £1 per £100; and, seeing that this increased Stamp Duty has a deterrent effect on the provision of capital for industrial undertakings, will he reduce the Stamp Duty to the pre-War amount in his forthcoming Budget?
§ Mr. BALDWINThe duty on the share capital of limited liability companies registered under the Companies Acts was increased from 5s. to 20s. per £100 on the 20th April, 1920. As regards the second part of the question, my hon. Friend will not expect me, in a. matter of this kind, to anticipate my Budget statement.