§ Mr. Cartwrightasked the Chancellor of the Exchequer what was the revenue from stamp duty on house purchase in 1974–75, 1975–76, 1976–77 and 1977–78; and what is the estimated figure for 1978–79.
§ Mr. Denzil DaviesEstimates of the stamp duty on purchases of residential property in 1974–75, 1975–76, 1976–77 and 1977–78 are given below, together with an estimate of that expected in 1978–79.
£m 1974–75 35 1975–76 45 1976–77 60 1977–78 85 1978–79 120 The estimate for 1977–78 differs slightly from that given in answer to a similar question on 10 July 1978 [Vol. 953, c. 405.] The more recent estimate reflects 547W the results of a survey of conveyancing carried out in November 1977 which were not available when the previous answer was given.