§ Mr. Majorasked the Chancellor of the Exchequer what sums were yielded by stamp duty on the conveyancing of private property in each of the last three financial years; and what is the estimated yield for the current year.
§ Mr. Peter ReesThe yield of stamp duty from conveyances of all land and buildings in the years 1976–77 to 1979–80 is given below.
£ million 1976–77 102 1977–78 134 1978–79 187 1979–80 (est) 265 It is not possible to produce estimates of the yield from conveyances of private property as a separate category.