Article: Chancellor's [pounds sterling]1bn-a-month bonanza from stamp duty.

Article from:
Daily Mail (London)
Article date:
May 23, 2006
Copyright

Byline: BECKY BARROW

GORDON Brown is raking in [pounds sterling]1billion a month in stamp duty, according to figures released yesterday.

Inheritance tax is also proving a record money- spinner for the Chancellor, bringing in another [pounds sterling]250million a month.

The [pounds sterling]5billion windfall for the first four months of 2006 is in fact another stealth tax, say critics, because while house prices and legacies have risen rapidly, the Government's allowances have failed to keep pace.

As a result, over a 120- day period from January to April, the Chancellor took in [pounds sterling]42million every day of the week, including ...

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