§ Mr. GIBSON BOWLESasked the Secretary to the Treasury if he could now state for the financial year 1909–10 the number of estates paying death duties, the total amount of the duties paid, the total amount of capital whereon those duties were paid, and the average aggregate rate per cent., corporation duty being represented by the annual value upon which the duty was paid in the year; and could he now state for the financial year 1908–9 the total income in which tax was paid, the abatements allowed, life insurance premiums allowed, income, including abatements and life insurance premiums, increase per cent, over the preceding year, net produce of Income Tax, and average virtual rate of tax per cent?
§ Mr. HOBHOUSEI regret that the information necessary to enable me to answer the first part of the hon. Member's question is not yet available. As regards the second part of the question, the figures for 1908–9 are as follows:—
Total income on which tax was £ raised 693,323,082 Abatements allowed 120,274,508 Life insurance premiums allowed 10,460,051 Income including abatements and life insurance premiums 824,057,641 Increase per cent, over the preceding year 3.10 Net produce of Income Tax 33,408,754 Average virtual rate of tax percent 4.05