§ MR. CAINE (Barrow-in-Furness)asked Mr. Chancellor of the Exchequer, If Succession or Legacy Duty has ever been paid by any person who has succeeded to the business of Licensed Victualler, carried on in premises not belonging to the deceased or his successor, when the licence has been renewed to the successor?
§ THE CHANCELLOR OF THE EXCHEQUER (Mr. GOSCHEN) (St. George's, Hanover Square)Where a person succeeds to the business of a Licensed Victualler, carried on in premises not belonging to the deceased or his successor—that is, on leasehold premises—Probate Duty, and either Legacy or Succession Duty, is paid on the entire value of the deceased's interest in the lease and business taken as a whole. 1040 It is always assumed that the licence has been, or will be, renewed to the successor, unless the contrary proves to be the case.