§ Mrs. Winifred Ewingasked the Chancellor of the Exchequer what was the total cost involved in levying stamp duty taxation and the total revenue produced in each of the last three years; and what were the costs and revenues in England, Scotland and Wales, respectively.
§ Mr. Robert SheldonThe figures are given in the table below. I regret that separate figures are not kept which would show the division between England and Wales.
TABLE Net receipts of duty (£m.) 1972–73 1973–74 1974–75 England and Wales 219.7 183.1 187.5 Northern Ireland — 0.4 1.2 Scotland 7.9 6.8 9.4 Total 227.6 190.3 198.1 Costs of collection (£000) 1972–73 1973–74 1974–75 England and Wales 1,634 1,773 2,916 Northern Ireland — 13 47 Scotland 158 172 296 Total 1,792 1,958 3,259 Notes:
- (1) The responsibility for levying stamp duty in Northern Ireland was transferred to the Board of Inland Revenue on 1st January 1974.
- (2) Since a precise allocation of all administration costs is not readily available, the division of the costs of collection is, in part, an estimate.