HC Deb 26 July 1915 vol 73 cc1972-3

asked the Chancellor of the Exchequer whether he is aware that a claim for Increment Value Duty of £50 has been made against Mr. A. Taylor, of No. 395, Stockport Road, Manchester, in respect of a sale by him of leasehold property, and that, although request has been made for the consideration of this claim to stand over pending the introduction of a One-Clause Bill to deal with the Lumsden judgment, foreshadowed by the Prime Minister, the Commissioners have threatened to take proceedings unless the £50 is at once paid; and whether, having regard to the fact that there has been no increase in value of the bare site, he will give instructions that the consideration of this claim shall be postponed until the amending legislation already referred to has been introduced in the House of Commons, so as to avoid raising these questions at the present time?


The occasion for collection of this duty occurred early in 1911. I am not aware that any legislation has been foreshadowed which would have retrospective operation to such a date, and in these circumstances I cannot interfere with the collection of the duty.