§ Mr. Viggersasked the Chancellor of the Exchequer what loss of stamp duty revenue on house purchase transactions would occur in 1983–84 if (a) the present thresholds were each increased by £5,000 and (b) the present thresholds were each increased by £5,000 and the present system were to be replaced by one in which stamp duty is levied at the appropriate rate only on that part of the house price which exceeds each threshold.
§ Mr. WakehamI shall let my hon. Friend have a reply as soon as possible.