Housing: Taxation:Written question - HL3324

Q
Asked by Lord Ashcroft
Asked on: 02 December 2014
HM Treasury
Housing: Taxation
Lords
To ask Her Majesty’s Government whether there has been any decline in stamp duty receipts on higher priced properties since public talk of a "mansion" tax began.
A
Answered by: Lord Deighton
Answered on: 16 December 2014

Statistics on Stamp Duty Land Tax receipts by consideration band can be found in Table 3.1 of the ‘UK Stamp Tax Statistics 2013-14’ publication. The following table provides data, from that publication, for the estimated yield attributable to residential property within the £1 million to £2 million and above £2 million consideration bands for 2012-2013 and 2013-2014:

£1,000,001-£2,000,000

Above £2,000,000

Non-corporate bodies

Corporate bodies

2012-2013

585

800

70

2013-2014

805

1,010

70

Amounts: £ million. Figures may not sum due to rounding conventions

Share this page