HC Deb 04 March 1908 vol 185 cc660-1

To ask Mr. Chancellor of the Exchequer whether it is possible to obtain from the accounts of the estates of deceased persons at the Inland Revenue Office some particulars, for the information of the House, as to the number of years purchase at which licensed property has been valued for the purpose of the assessment of the death duties.

(Answered by Mr. Asquith.) As I stated in reply to a Question by the hon. Baronet on the 2nd of March, no separate record is kept of the death duties derived from licensed property. It is not often that the Board of Inland Revenue have to consider, on any one occasion, the value of more than one of the many interests in such property. The information obtained from the Estate Duty statistics relative to the sworn value of licensed property is, therefore, very incomplete, and it would probably be only misleading unless supplemented by other information of a confidential character.