Revenues From Stamp Duties
Revenue from stamp duties is pro-cyclical with economic activity. In terms of GDP and total tax revenue the highest values have been reached during the dot.com boom years at the end 20th century, notably in 2000-01. For 2008-09 the value is back to the level of the mid 1990s which is around 0.2% of GDP.
| Year | Stamp duty reserve tax | Standard Stamp Duty | Standard Duties Total Revenue (in €million) | over Total Tax Revenue (in %) | over GDP (in %) |
|---|---|---|---|---|---|
| 1995-96 | n.a. | n/a | 1,810 | 0.59 | 0.20 |
| 1996-97 | n.a. | n/a | 1,966 | 0.60 | 0.20 |
| 1997-98 | n.a. | n/a | 3,033 | 0.73 | 0.25 |
| 1998-99 | n.a. | n/a | 3,696 | 0.79 | 0.28 |
| 1999-00 | n.a. | n/a | 5,617 | 1.10 | 0.40 |
| 2000-01 | n.a. | n/a | 7,383 | 1.26 | 0.46 |
| 2001-02 | 4,218 | 367 | 4,586 | 0.77 | 0.28 |
| 2002-03 | 3,669 | 455 | 4,124 | 0.69 | 0.24 |
| 2003-04 | 3,280 | 418 | 3,698 | 0.65 | 0.22 |
| 2004-05 | 3,454 | 548 | 4,001 | 0.64 | 0.23 |
| 2005-06 | 4,105 | 961 | 5,067 | 0.77 | 0.28 |
| 2006-07 | 4,767 | 745 | 5,511 | 0.77 | 0.28 |
| 2007-08 | 5,372 | 716 | 6,091 | 0.82 | 0.30 |
| 2008-09 | 3,673 | 349 | 4,022 | n/a | 0.22 |
Read more about this topic: Stamp Duty In The United Kingdom
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