HC Deb 17 March 1890 vol 342 c997
LORD RANDOLPH CHURCHILL (Paddington S.)

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?

* MR. GOSCHEN

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.