§ 80. Mr. du Cannasked the Chancellor of the Exchequer by how much he estimates the yield from the legal requirement to stamp receipts for amounts of more than £2 has fallen since the introduction of the Cheques Act; and what is the estimated yield from the sale of 2d. stamps to stamp receipts for the financial year 1958–59.
§ Mr. SimonNo precise estimate can be made, but for 1957–58 the Inland Revenue have accepted a reduction of £1,200,000 in the amount paid over by the Post Office in respect of receipt stamp duty. Discussions in regard to 1958–59 are still proceeding.