Increment Duty (Office Leases).

HC Deb 08 July 1909 vol 7 cc1418-9

Mr. LANE FOX

asked the Chancellor of the Exchequer whether the lease of offices or other rooms on the ground floor of a building will constitute an interest in the land subject to Increment Duty under the Financs Bill, whereas the lease of rooms on the upper floors would not be subject to such duty?

Mr. LLOYD-GEORGE

No distinction will be drawn between offices, etc., on the ground floor and other floors of a building when let separately from the site.