§ Mr. FELLasked how much of the £650,000 received from Land Value Duties since the passing of the Finance (1909–10) Act, 1910, was collected from the tax on mineral royalties, from land increment value, and from Undeveloped Land Duty respectively?
Mr. McKINNON WOODThe figure given by the hon. Member represents the amount of Land Values Duties paid into the Exchequer up to 30th September. The sum of £650,000 is made up approximately as follows:—
Increment Value Duty … £1,000 Undeveloped Land Duty … £12,000 Reversion Duty … £7,000 Mineral Rights Duty … £630,000 £650,000