§ Mr. Cartwrightasked the Chancellor of the Exchequer what percentage of house sales (a) in England and Wales and (b) in Greater London he estimates involve the payment of stamp duty.
§ Mr. RidleyThe latest available information relates to November 1980. The percentage of residential properties sold which involved the payment of stamp duty was as follows:
Per cent. (a) England and Wales 35 (b) Greater London 48
§ Mr. Cartwrightasked the Chancellor of the Exchequer what is his estimate of the income from stamp duty on the sale of houses in 1979–80, 1980–81 and 1981–82.
§ Mr. RidleyThe estimated yield of stamp duty from residential property in the years 1979–80 to 1981–82 is as follows:
million 1979–80 250 1980–81 225 1981–82* 285 *Forecast