§ Mr. Marlowasked the Chancellor of the Exchequer what is the total revenue from stamp duty on the purchase or sale of share contracts; and what information is available to him as to how this is broken down between large and small contracts.
§ Mr. WakehamIn 1981–82, the yield of stamp duty from the transfer of stocks and shares was £290 million. In addition there was a yield of £2 million from the stamp duty levies on contract notes. No information is available as to how this duty is broken down between large and small transactions.