§ Mr. PATRICK WHITEasked what will be the maximum Licence Duties in Dublin under the Finance Bill on hotels valued at £1,000, £800, £750, and £660 annually respectively, and what is the minimum to which they can be reduced under Sub-section (2), Clause 30; and whether this Subsection will apply immediately to hotels under £500 annual?
§ Mr. HOBHOUSEThe maximum duty, on the assumption that the hotel does not come within Clause 31, and without regard to the alternative basis of compensation value provided by Clause 30, Sub-clause (2), is half the annual value. The amount to which the duty can be reduced by adopting the basis of compensation value cannot be given without a special valuation being made for the purpose, but it cannot be brought below the statutory minimum 1303 of one-thirtieth of the annual value fixed by Clause 31, Sub-clause (4), as amended. If the hotel is one which comes within Clause 31, Sub-clause (1), it will be possible for it to take advantage of the compensation value basis, whatever its annual value may be.