§ MR. WHITEOn behalf of Mr. DALZIEL, I beg to ask Mr. Chancellor of the Exchequer, whether he can state the amount received from the unredeemed portion of the Land Tax at 4s. in the pound, and the amount estimated to be produced by the proposed tax of 1s., as per Schedule (A) of the Income Tax?
§ *THE CHANCELLOR OF THE EXCHEQUER (Sir MICHAEL HICKS BEACH,) Bristol, W.The amount received in 1894–95 for the Land Tax was £1,021,705. I have not yet received the corrected Return for 1895–96. If the limit of 4s. be altered as I propose, the amount to be received this year would be rather more than £900,000. The reduction would only operate in a comparatively small number of parishes, and would cease if in any subsequent year the annual value of the parish increased above the point which would now entitle it to a reduction.
§ MR. DALZIELI beg to ask Mr. Chancellor of the Exchequer, whether 1264 he will consent to the Return relating to Land Tax which stands on this day's Paper?
§ *THE CHANCELLOR OF THE EXCHEQUERThe total amount of Land Tax extinguished under the Land Tax Redemption Acts was, at the end of the financial year 1894–95, £882,138. On pages 241 of the 28th Report, 26 of the 36th Report, and 36 of the 38th Report of the Commissioners of Inland Revenue, will be found tables showing the amount of Land Tax redeemed every year from 1864 to 1882–3, and from 1882–83 to 1894–95 inclusive, and the total amount redeemed from 1798 to 1894–5. I do not, therefore, see the object of the Return now asked for.