HC Deb 26 April 1910 vol 17 cc242-3

asked the Chancellor of the Exchequer whether, in view of the expressed intention of the Government that Increment Duty would not be charged on agricultural land let as accommodation land up to £10 or more per acre, provided it had no value for building purposes, he still intended to charge Increment and Undeveloped Land Duty on agricultural and accommodation land near towns or elsewhere which might be leased at a far lower rent than £10 per acre because, in the view of the Land Commissioners, this land might have value for building purposes?


It is the intention of the Government that Increment Value Duty shall not be charged in respect of any agricultural land unless its value for purposes other than agricultural is higher than its value for agricultural purposes only. As regards Undeveloped Land Duty, in the case of agricultural land which has a building value, the duty will only be leviable upon the difference between the agricultural value and the value for other purposes.