HC Deb 13 March 1967 vol 743 c16W
Mr. Grant

asked the Chancellor of the Exchequer what is the estimated cost to the Revenue in a full year of raising the stamp duty exemption limit for property to £7,000.

Mr. MacDermot

About £6 million for a full year on the assumption that the full 1 per cent. rate would apply above £7,000.

Mr. Grant

asked the Chancellor of the Exchequer what is the estimated cost to the Revenue in a full year of raising the stamp duty exemption limit for leases on rents not exceeding £500 per annum.

Mr. MacDermot

Approximately £2 million in a full year.