Act of Parliament | |
Long title | An Act for altering the Stamp Duties upon Admissions into Corporations or Companies; and for further securing and improving the Stamp Duties in Great Britain. |
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Citation | 10 Ann. c. 18 (Ruffhead c. 19) |
Territorial extent | Great Britain |
Dates | |
Royal assent | 22 May 1712 |
Commencement | 5 July 1765 |
Repealed | 1 July 1855 |
Other legislation | |
Amended by | |
Repealed by | Revenue Officers' Disabilities Removal Act 1874 |
Status: Repealed |
The Stamp Act 1712 (cited either as 10 Ann. c. 18 or as 10 Ann. c. 19[1]) was an act passed in the Kingdom of Great Britain on 1 August 1712 to create a new tax on publishers, particularly of newspapers.[2][3][4] Newspapers were subjected to tax and price increased. The stamp tax was a tax on each newspaper and thus hit cheaper papers and popular readership harder than wealthy consumers (because it formed a higher proportion of the purchase price). It was increased in 1797, reduced in 1836 and was finally ended in 1855, thus allowing a cheap press. It was enforced until its repeal in 1855.[5] The initial assessed rate of tax was one penny per whole newspaper sheet, a halfpenny for a half sheet, and one shilling per advertisement contained within.[6] The act had a potentially chilling effect on publishers; Jonathan Swift was a frequent publisher of newspapers, and complained in a letter[7] about the new tax. Other than newspapers, it required that all pamphlets, legal documents, commercial bills, advertisements, and other papers issued the tax.[8] The tax is blamed for the decline of English literature critical of the government during the period, notably with The Spectator ending the same year of the tax's enactment.[9] It would see increasingly greater taxes and wider spectrum of materials affected until its repeal in 1855.