HC Deb 17 March 1890 vol 342 c997

I beg to ask the Chancellor of the Exchquer what is the estimated difference, if any, made by the District Commissioners of Income Tax in the value of assessment for Schedule A between houses licensed for the sale of intoxicating liquors and other houses similarly situated, but not so licensed; and whether it is the fact that a house so licensed is taken into consideration by the Inland Revenue Commissioners in assessing values under any of the Death Duty Acts?


From certain inquiries made in typical cases in the Metropolis and other towns I find the difference is roughly estimated to amount to an increase of about 70 per cent, on licensed over unlicensed houses, but I am unable to commit myself to these figures being general throughout the country. The answer to the second question is, Yes. The Succession Duty would follow the higher assessment under Schedule A in the case of a freehold property, and if it were leasehold property the saleable value would be increased for purposes of probate, and the goodwill would also be subject to Probate and Legacy Duties.