16. Captain FABERasked the Chancellor of the Exchequer whether he contemplates amending legislation to the Finance Act to the effect that Increment Value Duty shall be levied only on an increase in the value of the site?
§ The CHANCELLOR of the EXCHEQUER (Mr. Lloyd George)I can at present add nothing to the reply which I gave on the 26th March last to the hon. Baronet the Member for Mid-Armagh.
Captain FABERHas the right hon. Gentleman received a protest from auctioneers on this subject from all over the country?
§ Mr. LLOYD GEORGEFrom some of them.