§ Mr. Weetchasked the Chancellor of the Exchequer what has been the yield of stamp duty on residential property for the last 10 financial years.
§ Mr. Denzil Davies,pursuant to his reply [Official Report, 6th July 1978; Vol. 953, c. 300], gave the following information:
Estimates of United Kingdom net receipts of stamp duties on residential property sales in the last five years are given below. I regret that for years earlier than 1973–74 estimates are available only for all sales of land and building.
£ million 1973–74 45 1974–75 35 1975–76 45 1976–77 60 1977–78 80