§ Mr. Daggarasked the Chancellor of the Exchequer whether any arrangements exist which make it unnecessary for traders to affix a 2d. stamp on bills that have been settled for amounts in excess of £2; and, if not, what action does he take, by inspection or otherwise, to see that the stamps are in fact affixed?
§ Sir J. SimonIt is only in respect of an instrument which, in law, constitutes a receipt for £2 or upwards, that Receipt Stamp Duty is payable. Where such a 917W payment is made, it is the payer who is the person primarily concerned to demand a legal receipt; but the Commissioners of Inland Revenue constantly take action upon reports of such demands being refused, or the Stamp Duty being evaded.