Question to the HM Treasury:

To ask Mr Chancellor of the Exchequer, what proportion of total sales of residential properties fell below the threshold for one per cent stamp duty in (a) Esher and Walton constituency, (b) London, (c) the South East, (d) England and (e) the UK in each year since 2000.

The information requested is set out in the table below going back to 2005-06.

Prior to this point the information requested is not held in the format required and could be provided only at disproportionate cost.

The transactions counted as falling below the one per cent stamp duty threshold are all transactions where Her Majesty’s Revenue and Customs (HMRC) have received a stamp duty return. There are numerous residential property transactions that are not required to submit a return to HMRC, most notably those where the consideration is less than £40,000. The detailed reasons for non-notification can be found at the following address.

http://www.hmrc.gov.uk/sdlt/reliefs-exemptions/no-sdlt-return.htm

Please see our publication UK stamp tax statistics 2012 to 2013 to understand these tables further.

https://www.gov.uk/government/publications/uk-stamp-tax-statistics

Tables are provided in three parts:

Part A: Estimated Provisional Residential SDLT Revenue by Government Office Region and Consideration Band years 2005-06 to 2013-14 Part B: Estimated Provisional Residential SDLT Revenue for Esher and Walton Constituency by Consideration Band for years 2005-06 to 2013-14 Part C: Percentage of SDLT returns under £125,000 for Esher and Walton Constituency and Government Office Region for years 2005-06 to 2013-14

Part A: Estimated Provisional Residential SDLT Revenue by Government Office Region and Consideration Band years 2005-06 to 2013-14:

This data represents estimates that have been produced for this Parliamentary Question. The data has been rounded to the nearest £5million. As such, the sum of the individual entries may not be equal to the “all” totals given in the table but the “all” totals remain consistent with the published National Statistics.

2013-14

2012-13

2011-12

2010-11

2009-10

2008-09

2007-08

2006-07

2005-06

Part B: Estimated Provisional Residential SDLT Revenue for Esher and Walton Constituency by Consideration Band for years 2005-06 to 2013-14

This data represents estimates that have been produced for this Parliamentary Question. The data for individual bands has been rounded to the nearest £1million. The data for All Bands has been rounded to the nearest £5million. As such, the sum of the individual entries may not be equal to the “all” totals given in the table but the “all” totals remain consistent with the published National Statistics.

Part C: Estimated Percentage of SDLT returns under £125,000 for Esher and Walton Constituency and Government Office Region for years 2005-06 to 2013-14

This data represents estimates that have been produced for this Parliamentary Question. Data for individual areas given to the nearest percentage point.