§ Sir CLEMENT KINLOCH-COOKEasked if the Chancellor of the Exchequer can say what amount of money has accrued to the revenue since the Land Taxes imposed by the Finance (1909–10) Act, 1910, have been in force; and how much of this money has been paid over to the local authorities in accordance with the arrangement entered into by the Government?
Mr. McKINNON WOODThe total sum paid to the Exchequer in respect of Land Values Duties since the passing of the Finance (1909–10) Act, 1910, amounts to £650,000. In view of the provisions of Section 16 of the Revenue Act, 1911 (which suspends the operation of Section 91 of the Finance (1909–10) Act, 1910), no portion of this sum is due to local authorities.
§ Sir F. BANBURYDoes the right hon. Gentleman include in that sum minerals.
§ Sir C. KINLOCH-COOKEDo the local authorities expect any money whatsoever from the land tax?
§ Sir C. KINLOCH-COOKEasked whether the right hon. Gentleman can say, taking the entire administrative charges connected with valuing land under the Finance Act, 1909–10, what has been the average amount expended by the State for every sovereign paid in respect of the land taxation set up by the statute referred to?
Mr. McKINNON WOODThe valuing staff is not directly concerned in the collection of Revenue, and any comparison drawn between the cost of the valuation of land and the proceeds of the duties on land values would be misleading.