HC Deb 25 July 1910 vol 19 cc1756-7
Lord BALCARRES (for Mr. Pretyman)

asked the Chancellor of the Exchequer whether the valuation forms now being issued under Section 26 of The Finance (1909–10) Act, 1910, are to be immediately served upon all owners of land, or whether they are, in the first instance, to be served on certain selected owners; and whether, in the latter event, he can state by whom and on what principle the selection will be made?

Mr. LLOYD GEORGE

The forms of return now being issued are confined to cases in which an occasion has arisen for the collection of Increment Value Duty, and in which, therefore, it is necessary to value the land affected in advance of the general valuation. As regards the forms which will be issued next month in respect of the general valuation, no selection is contemplated of the owners on whom they are to be served, and the forms will be issued to all owners with as little delay as possible.

Mr. AUSTEN CHAMBERLAIN

May we understand that they will be issued simultaneously in all three parts of the United Kingdom?

Mr. LLOYD GEORGE

Yes.

Mr. G. YOUNGER

Does it include the feuars in Scotland?

Mr. LLOYD GEORGE

I hope so.

Mr. G. YOUNGER

So do I.

Lord BALCARRES (for Mr. Pretyman)

asked whether an owner who does not, on Schedule II. (v.) of the valuation return required from owners of land, state his intention to claim site value deductions, will be debarred from or prejudiced in afterwards claiming those deductions; and whether the form referred to in the last paragraph of Schedule II. (v.) of the return will be required to be completed before or after the gross value of the land has been estimated by the Government valuers and communicated to the owners?

Mr. LLOYD GEORGE

All owners of land will receive a copy of the provisional valuation when made, and they will then have an opportunity of claiming any deductions which they omitted to claim when making their returns. It is intended that the form referred to should be completed before the provisional valuation is made.

Lord BALCARRES

Will copies of the form in question be placed in the Vote Office for the inspection of Members?

Mr. LLOYD GEORGE

If the Noble Lord wishes, I shall be happy to have that done.