Stamp Duty (Hansard, 15 October 2001)

§ Mr. Boris Johnson
To ask the Chancellor of the Exchequer what additional revenue he raised in 2000–01 from property and land transactions in(a) the UK and (b) the Henley constituency as a result of the increases in stamp duty in the March 2000 Budget. [6090]

§ Ruth Kelly
The estimate of the additional amount collected in stamp duty from property transactions in 2000–01 compared to the amount collected if transactions had been charged at the pre-2000 budget rates was given in the "Financial Statement and Budget Report 2000".

§ Tim Loughton
To ask the Chancellor of the Exchequer when he will publish details of those areas of deprivation which will benefit from reductions in stamp duty on property. [7610]

§ Matthew Taylor
To ask the Chancellor of the Exchequer what criteria will be used to designate coverage of the stamp duty exemption across the nations and regions of the UK. [6442]

§ Mr. Boateng
The Government are working to identify how best to implement this exemption and an announcement will be made shortly. It is intended that the qualifying areas will be based on national indices of deprivation.

§ Mr. Flight
To ask the Chancellor of the Exchequer what the(a) amount of stamp duty revenue collected was in accordance with the provisions of SI 1997/1156, on the transfer of units in unit trusts and shares in open ended investment companies in the 12 months up to 5 February 2000; and (b) amount of stamp duty reserve tax collected, in accordance with the provisions of Schedule 19 to the Finance Act 1999 and SI 1997/1156, as amended by SI 1999/3261, on the surrender of units in unit trusts and shares in open ended investment companies in the 12 months from 6 February 2000. [7397]

§ Ruth Kelly
The total net duty on the transfer of units in unit trusts and shares in open ended investment companies is estimated at £43 million in the 12 months up to the end of January 2000 and amounted to £40 million in the 12 months up to the end of January 2001. A further breakdown into payments and repayments and stamp duty and stamp duty reserve tax is given in the table.

£ million

Payments Repayments

February 1999 to January 2000

Stamp Duty 96.0 ¹53.4

Stamp Duty Reserve — —

February 2000 to January 2001

Stamp Duty 13.7 11.3

Stamp Duty Reserve 38.1 0.2

¹Estimated from available data for 10 months of the period

£ million
	Payments	Repayments
February 1999 to January 2000
Stamp Duty	96.0	¹53.4
Stamp Duty Reserve	—	—
February 2000 to January 2001
Stamp Duty	13.7	11.3
Stamp Duty Reserve	38.1	0.2
¹Estimated from available data for 10 months of the period