Article: Hot housing market in Britain boosts stamp duty.

Article from:
Daily Mail (London)
Article date:
January 20, 2007
Copyright

Byline: Sam Fleming

Jan. 20--Gordon Brown is enjoying the biggest stamp duty bonanza since the levy was introduced over 300 years ago thanks to Britain's booming housing market.

But the Chancellor's record windfall has failed to put a halt to the deterioration in the public finances, government figures revealed.

Receipts of stamp duty on house sales and share transactions jumped by [pounds sterling]300m to [pounds sterling]1.3 billion in December -- the most since the tax was first imposed in 1694.

Over the whole year the government collected [pounds sterling]13bn in stamp duty, up 31pc from 2005.

The bumper haul is being ...

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